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3 Important Aspects To Consider Before Becoming A Canadian Franchisee


Purchasing a franchise is a great opportunity. It is best to tread with a bit of caution and do your research when obtaining the best franchise opportunities by means of a Franchise Directory.

Sure, you have gone through the details and brushed up your knowledge about franchising. However, you might be shocked to know that not everything is black and white. You need to discuss the matter with experienced people and obtain legal assistance before thinking of parting with your money.

Tips For Buying A Franchise

1.      Your Role- You become the business owner, responsible for running the business. It works the same way for the top 10 franchises in Canada too.

2.      Legality- The franchise systems in Canada requires the franchisor operating in Alberta, Manitoba, New Brunswick, Ontario & PEI  to provide their franchisees with the ‘franchise disclosure document (FDD)’ well in advance i.e. at least two weeks before signing of the agreement or asking the concerned individual to pay any sum of money as the franchise fee.

3.       US Franchise Agreements in Canada- Yes! Both the neighboring countries share a great relationship. Yet, it is necessary for the US franchisors to alter their agreements according to the Canadian law while deciding to expand their business into the country via franchisees.


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