LOOKING TO GROW YOUR BUSINESS CONCEPT
As Canada’s 12th largest industry, franchising will contribute over $120 billion to the economy this year and create jobs for almost 2 million Canadians. If you’re a Canadian business owner with a proven concept, franchising your business can be a strategic move with numerous advantages. Canada’s stable economy, diverse population, and strong support for small businesses make it an attractive market for franchising.
When it comes to the franchise business model itself, there are a wide range of key benefits to adapting the model to lift your concept to new heights and obtain scalable growth:
- Benefit from partnering with independent franchisees in local markets who have invested in the system and have a strong motivation to make their franchise location successful.
- Achieve accelerated growth by expanding through franchisee investment (compared to corporate expansion with company capital).
- Attain further market share by expanding points of sale.
- Share in the revenue generated by the system through royalties collected from franchisees (typically either a standard set fee or calculated as a percentage of gross sales volume).
Do you have a business you’d like to grow? Consider expanding and scaling your business with franchising! The franchise industry in Canada is growing in the number of systems and buy-in from aspiring entrepreneurs.
This page is your starting point to Franchise Your Business. Explore the benefits with articles and videos about franchising and sign up for upcoming virtual seminars to learn from experts in the field.
Produced by the Canadian Franchise Association (CFA), these seminars provide you with the information you need to franchise your business the right way. This is your one-stop-shop to learn directly from seasoned franchise pros in a range of fields!
Attendees will learn:
- How to know if your business can be franchised
- Strategies for marketing to potential franchisees
- Considerations when structuring a franchise deal
- How to determine your franchise fees and investment costs
- The legal side of franchising and avoiding the pitfalls
- Financing the franchise and dealing with bankers
- Real life experiences and the ups and downs you can expect
- What exactly is happening in the Canadian franchising industry, including the trends and recent developments
THIS PROGRAM IS APPROVED BY THE INSTITUTE OF CERTIFIED FRANCHISE EXECUTIVES FOR:
250 EDUCATION CREDITS
50 PARTICIPATION CREDITS
Can't Attend a live seminar?
