When is it time to franchise your business?

When is it time to franchise your business?

Is my business franchisable? This is one of the questions I get asked often. The truth is; not all businesses are franchisable. This question has been asked by many people but this article will give you the definitive answer. Franchising a business is an exciting...
Why McDonald’s Is Leaving Walmart A lesson in leverage

Why McDonald’s Is Leaving Walmart A lesson in leverage

The pandemic has officially been present for a year now and with that brings innovative business ideas in order to keep up with the competition. McDonald’s and Walmart have been in business together for over 30 years. It was always a staple to be in a Walmart and see...
Five Reasons Why Franchises Fail

Five Reasons Why Franchises Fail

Over the past twelve years, I have been a franchise owner and the past four years have been a franchise and business consultant. Although owning a franchise is one of the best ways of getting into business, I have seen a few failures. A franchise is an optimistic...
So you think you want to franchise?

So you think you want to franchise?

In the last few months I have been talking to business owners who have been thinking about expanding their business through franchising. They are often not sure if their business can be franchised especially if it’s not a food concept or restaurant. As a franchise...
To Buy A Franchise, Know Your Net Worth

To Buy A Franchise, Know Your Net Worth

Working as a franchise and business consultant, I meet many individuals who are interested in entrepreneurship and the freedom of owning their own business. Buying a franchise is a solid path to business ownership. Last week, I was doing a consult with a prospect who...
Franchising During Civil Unrest

Franchising During Civil Unrest

Last week, I took some time to visit one of my franchise locations in Cranbrook, British Columbia, Canada. Due to issues with flying and the coronavirus, we thought it would be best for us to drive. Plus we were having beautiful weather, so why not? The trip to...