Finding your perfect-fit franchise
Franchises are a great option if you want to run a business but don’t know where to start. However, there are a number of issues you should consider to help you select a franchise that’s right for you.
Franchising: Choosing a partner for growth
If you are thinking about becoming your own boss, buying into a franchise can be a good way to achieve this goal while minimizing the risks associated with starting and operating an independent small business. Franchises are also about far more than just fast-food restaurants or retail outlets.
Franchising opportunities in Canada
Franchising is about more than just restaurants. No matter what industry you're in, or expertise you have, there are likely suitable franchising opportunities available for you. The Canadian Franchise Association estimates as of 2011 there are approximately 1,100 franchise systems currently operating in Canada, and approximately 78,000 franchise units.
Franchising or starting your own business: which is for you? - video 1 of 2
In the first of our two-part video series on franchising, John Dykeman, Scotiabank Director Franchising Programs discusses some of the pros and cons of franchising and looks into some of the differences between starting your own business and buying into a franchise.
Buying into a franchise - video 2 of 2
In the second of our two-part video series on franchising, John Dykeman, Scotiabank Director Franchising Programs offers advice on how to select the best franchise opportunity, what you need to look for in a potential franchise and what questions you should ask potential franchisors.
Franchise check list
The Franchise Commitment is a guide to purchasing a franchise and offers insights from successful franchisees. Our checklists can help you choose your product or service, assess the franchisor and understand the franchise agreement.