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Understanding Franchising
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  • Is Long & McQuade a Franchise? Understanding the Canadian Music Retail Giant

    Long & McQuade is the largest chain of musical instrument retailers in Canada, with over 100 stores from British Columbia to Newfoundland. Its consistent branding, standardized services, and national presence lead many people to assume it operates as a franchise.…

    long & mcquade music storefront in winter
  • Ideas for Small Business in Canada: Practical and Profitable Options

    Small business ownership forms the backbone of the Canadian economy. As of December 2023, 1.1 million employer businesses were registered across Canada, according to Innovation, Science and Economic Development Canada (ISED). Collectively, small businesses represent 98.1% of all Canadian employer…

    handcrafted fabric open sign in shop window
  • Best Low-Cost Franchise Opportunities in Canada Under $15K

    The appeal of franchise ownership intrigues Canadians from coast to coast to coast. However, entrepreneurship comes with a hefty cost, even with more affordable franchise business models. Major food and retail franchises require investments of several hundred thousand dollars or…

    two colleagues collaborating over a laptop
  • Creating a Business Plan: Steps and Key Requirements

    Starting a business requires more than just a good idea. A business plan is a comprehensive document detailing all aspects of your business. For Canadian entrepreneurs, a business plan is also a typical requirement for obtaining funding from banks, government…

    handwritten checklist on graph paper notebook
  • Franchise Disclosure Document in Canada: What You Need to Know

    As a new franchisee, you must conduct your due diligence before investing hard-earned money into a franchise business. Before signing any franchise agreement in Canada, there is one document you are legally entitled to receive — and that you should…

    hands signing contract on wooden table
  • Biggest Franchises in the World: Leading Brands Compared

    The entrepreneurial dream is alive and well in Canada, and franchise business models offer a proven path for aspiring entrepreneurs to recognize their dreams. Many Canadians look beyond the domestic market, investing in franchises with larger global footprints. The world's…

    fast food facades day & night — mcdonalds, kfc, pizza hut
  • Most Lucrative Franchises in Canada: Opportunities for Entrepreneurs

    Franchising offers a structured path to live the entrepreneurial dream. A franchise is an established brand, with a proven business model, along with guided support from the experienced franchisor. That being said, not all franchises deliver the same return on…

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  • Why You Should Hire a Franchise Lawyer

    Entering the world of franchising in Canada is an exciting prospect, though rarely a straightforward one. From navigating provincial disclosure requirements to dissecting the fine print in a multi-year franchise agreement, the legal landscape often feels overwhelming for first-time and…

    close up on of two people working on computers
  • Can You Own a Chipotle Franchise in Canada?

    Chipotle Mexican Grill is one of the most recognizable fast-casual restaurant brands in North America. Canadians enjoy the perceived healthier fast food option, appreciating the fresh, customizable ingredients that form delicious, hearty meals. For Canadian entrepreneurs exploring franchise opportunities in…

    phone screen with the chipotle app opened
  • How to Open a Restaurant in Canada: Steps, Costs and What to Expect

    Learn how to open a restaurant in Canada, including steps, startup costs, timelines, and what to expect when launching your food business. The foodservice industry in Canada is worth approximately $135 billion – and growing at a rate of 17.6%…

    restaurant worker at the counter