What are the criteria a business needs to satisfy in order to become a franchise system? In this consultant expert session, you’ll learn how to tell if a franchise model works, the strategy behind a successful business, how to incorporate those strategies within a company, and the relationship between franchisee and franchisor. The expert will also provide advice on financial considerations, consultant systems, among much more. 

Explore different types of franchising and determine if the franchise model is the right fit for you, considering quasi-entrepreneurship and system standards. Gain insights into franchise laws across Canada, including current locations, upcoming areas, and potential gaps. Dive into key franchise documents, such as franchise agreements and disclosure documents, and understand the statutory obligations of franchisors. Discover the importance of protecting intellectual property, maintaining system uniformity, and addressing potential disputes. Learn about trademarks, incorporation benefits, privacy policies, and the essential protections needed for franchisees. Uncover critical lease, renewal, transfer, and termination considerations. Don't miss this opportunity to equip yourself with valuable legal knowledge for successful franchising.

Dive into the story of a successful franchisor who shares their key insights and tips to replicate a business concept while franchising their brand. In this session, the franchisor will share the components of a franchise system, important questions to address, how to develop a franchisee training program, and how to find franchisees with the same vision and goals as the franchisor. They will also address how to make the business concept profitable for franchisees, the franchise concept profitable for a franchisor, how to succeed in unique and growing markets, finding ideal real estate, and much more.

Before you decide to franchise your business, it’s important to know the various costs you’re responsible for that will determine whether you sink or swim. This session will explore the key factors that contribute to a strong and successful franchise system. Identify essential components, including site and franchisee selection, the value equation, credit history, financial strength, and ongoing monitoring and support of franchisees. Gain an understanding of the financial implications for both franchisors and franchisees and discover what characteristics franchisors should seek in potential franchisees. Learn about the valuable role banks play in the franchise financing process and the challenges and options available for financing. Understand the expectations and guidelines set by lenders and uncover the general rules for securing franchise financing.

One of the most important elements of building your franchise system is developing strong operations. From training to developing manuals, this session dives in deep to demystify the operations process. Learn about the important do’s and don’ts of operations, and the documents and processes you need to know to build your franchise system. You’ll also find out what you’ll need to consider when creating training manuals, and best practices for training your franchisees.