Name
Sharing experiences on the state of financing for franchises in Canada
Date & Time
Sunday, April 2, 2023, 2:30 PM - 3:30 PM
Speakers
Description
- What are some of the key challenges that franchisors and franchisees are facing when trying to secure financing from Canadian banks in the current economic climate, and how have these challenges evolved over time?
- How has the COVID-19 pandemic impacted the franchise financing landscape in Canada, and what are some of the strategies that franchisors and franchisees can use to adapt and thrive in this challenging environment?
- What are some of the common mistakes that franchisors and franchisees make when applying for financing, and how can they avoid these pitfalls to improve their chances of success?
- Are franchisors and franchisees seeking capital and funding from sources other than Canadian banks, and if so, what types of alternative financing options are they using, and what are the pros and cons of these options compared to traditional bank loans?
- What are franchisors experiencing with banks lending money in the current Canadian economy, and what strategies are they using to overcome any challenges or obstacles they are facing in this area?
Session Type
Roundtable