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What?s HOT in franchising and why?

Like all industries, there are trends in franchising, but unlike other industries, franchising basically covers every single industry out there. With that in mind, we take a look at what industry trends are hot in franchising in Canada this year. Going Green As climate change continues to be the defining crisis of our time, more [...]

Franchising vs Licensing: What is the Difference?

When deciding to open a business using an already established brand, you may have heard people talk about franchising and licensing. There is a difference between these two business models, but what exactly is that difference? Let’s take a look. On the most basic level, the difference between a franchise and a license is the [...]

2018-05-16T14:23:11+00:00May 16th, 2018|Categories: General|Tags: , , , , , , , , |

On March 21st We Are Celebrating the Nation’s #1 Small Business Assistance Network, SBDCs

FranNet is proud to announce that we have pledged our support in promoting America’s Small Business Development Centers (SBDCs) and SBDC Day on March 21, 2018 as an SBDC Day Ambassador. Businesses have always celebrated ribbon cuttings, grand openings and company anniversaries, and for a second year they’ll be able to celebrate the people who [...]

How to Navigate a Franchise Renewal Agreement

Franchise renewals have many things to consider. For one, the market might be drastically different then when the initial franchise agreement was signed. Neither the franchisee nor the franchisor should enter into the renewal blindly. Both parties should plan accordingly so the negotiations go smoothly. Renewal Right There are multiple franchise renewal options that can [...]

2018-01-17T08:55:45+00:00January 17th, 2018|Categories: General|Tags: , , , , , , , |

Transforming New Year Resolutions into Business Goals

The year 2018 is fast approaching, and it is prudent to thoroughly reflect on the strides your business has made over the past year. The new year entails a flurry of activities as small enterprises usher in the first quarter of the year. Just as you make resolutions for your personal life, extend some to [...]

2017-12-28T10:20:24+00:00December 28th, 2017|Categories: General|Tags: , , , , |

A Holiday Post of Thanks

As we move toward Christmas and the New Year, we'd like to wish all those we've done business with or come into contact with the best of holidays with family and friends. We are especially thankful for the many franchise opportunities we have been able to participate in and offer this year. Opportunity is built [...]

2017-12-21T09:52:43+00:00December 21st, 2017|Categories: General|Tags: , , |

The Best Times to Open a Business

There's no wrong time to start a business or open a franchise: there's only what feels right in your life. This can come at different times in someone's life. Here are three great stages in which to start a business.

Business Ownership & Entrepreneurship Opportunity

If you've been itching to leave the corporate world behind and start your own business, now is the time to investigate your opportunities at the Entrepreneurship & Business Ownership Symposium in New Jersey on November 1st. Prepare for a day of franchise information, expert panel presentations, and inspiration to step out on your own and become the success that you've always known you can be.

Misconceptions about franchise ownership and entrepreneurship

You're contemplating the idea of becoming a business owner. Why wouldn't you? The thought of being your own boss, becoming a leader to others, building true wealth, and so on is enticing. But you're concerned you can't think of a unique idea for a business, and that's okay because instead of trying to reinvent the [...]