Supporting Your Relocation
      is High Priority.

Franchising


There are a number of advantages of buying a franchise including:

  • Reduction of risk turnkey operation
  • Standardized products and systems
  • Standardized financial and accounting systems Collective buying power
  • Supervision and consulting readily available
  • National and local advertising programs
  • Point-of-sale advertising
  • Uniform packaging
  • Ongoing research and development
  • Financial assistance
  • Site selection guidance
  • Operations manual provided
  • Sales and marketing assistance.

There are also many advantages in selling a franchise including:

  • Franchisees often contribute to an advertising fund
  • Funds are then used to promote the company at the franchisor's discretion
  • Expect better performance and structure
  • Count on long-term management instead of high turnover of non-owner managers.
 
Is your Business Franchisable
(58KB)
A guide to help you determine if franchising is suitable for your business
Steps to Franchising your Business
(49KB)
This will guide you through the proper steps needed to franchise your existing business
Franchising Business Sourcing Guide
(58KB)
Information to help you with buying or selling a franchise
Checklist to Evaluate a Franchise
(84KB)
A list of questions the Canadian Franchise Association (CFA) recommends you should ask, if you are considering purchasing a franchise
Become a Franchisee Self Test
(71KB)
The self-evaluation is to determine your potential success as a franchisee.
Checklist for Franchisees
(109KB)
The following checklist of questions should assist you in making a decision about acquiring a franchise.
© 2007
Comox Valley
Economic Development Society