Important Elements of Franchise Contract

By on Dec 22nd, 2015.

A franchise agreement is a legal document between the franchisee and franchisor. Both parties must understand and accept the content therein before the dotted lines are signed. The agreement stipulates the duties, rights and responsibilities expected from both parties. There is usually a 5 day grace period before franchise contracts are signed. This gives you time to look at it thoroughly and also seek legal counsel. It is crucial that you understand everything before you sign, so that you are not caught in the bog if things do not work out. Here are 3 important elements you need to understand before signing a franchise contract

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New vs. Existing Franchise

By on Dec 9th, 2015.

If you’re not sure whether to purchase a new franchise, or look at existing franchise opportunities, then this article ‘New vs. Existing Franchise’ was written for you. We will discuss the positives and negatives of purchasing a new franchise, and what you must avoid if you’re going to get a good return on your franchise investment. After reading this article, you should have a question answered on whether purchasing a new franchise is better than purchasing an existing franchise.

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Ways to Select the Franchise Best for You

By on Dec 3rd, 2015.

Franchising is extremely popular. Many people are looking into franchising opportunities because it offers one of the safest ways to start a business. If you want to attain financial freedom and be your own boss, you need to select the franchise that works best for you. Here are 7 ways to select the franchise that is best for yo

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Four Levels of Franchising

By on Nov 4th, 2015.

Deciding on the level of franchising that best fits your needs is almost as important as investigating and choosing the right franchise. Below are the four levels of franchising, which include information on the territory specifics, the required level of participation, and the typical liquid capital requirements. It is best to consider all aspects of each level, before deciding upon a level in which to invest.

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Why Do I Pay A Royalty Fee?

By on Oct 21st, 2015.

It’s an important concept because it emphasizes that the customer ultimately pays for everything, including the Franchisor’s royalty, the Franchisee’s overhead, all costs of sales, employee’s salaries, and the Franchisee’s profit. Therefore it’s all about the customer – as it should be.
The Franchisee should want the Franchisor to earn a significant amount of royalties because that’s really the oil that makes the engine run. Each Franchisee collects and remits a small portion of that oil to the Franchisor. All elements of the system can continue to improve as long as the royalty stream is strong.

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Convenience Store for Sale in Milton

By on Sep 19th, 2015.

Convenience Store for Sale: This is the opportunity available for sale.Convenience/Variety/Grocery Store in Milton is approximately 2,500 Sf, with additional space for adding other products / services. Enough parking in front of store. The store is located off a very busy intersection near schools, with very high foot traffic, close to downtown Milton. This location sells convenience / grocery and house hold items.

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Family Restaurant for Sale in Waterloo

By on Sep 18th, 2015.

This well established licensed restaurant is family owned and operated in the heart of Waterloo, Ontario. The restaurant is located in high traffic area and has plenty of parking. This profitable restaurant provides a full menu. The sale includes all assets of the business including furniture, fixtures, and equipment.

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How to Get Construction Financing?

By on Feb 3rd, 2015.

Are you interested in a construction mortgage? There are two types of construction mortgages that you can go for: completion construction mortgage and progress draw construction loan.
Completion construction mortgage

You should apply for this loan when you are purchasing your home from a qualified builder at a fixed price upon completion of the building.

There are two types of this loan:

All-in one construction loan: this is a simple loan that offers you a one rate for both the construction process and the financing that comes at the end. When you take this loan you need to repay it within one year. You should note that you have to pay a penalty if you go over the time limit.

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Looking for Mortgage Agents

By on Jan 6th, 2015.

ProFunding Financial Services is expanding and looking for Mortgage Agents and Brokers for help to it’s successful team of Mortgage professionals in GTA, Ontario. Candidates will be independent contractors and can work from home, office, full time or part time.

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Career in Selling Businesses with ProClient Brokers

By on Dec 25th, 2014.

millions of privately-held businesses stand to change hands creating enormous business opportunities for Business Brokers in North America to assist them. Most of these owners don’t have exit plan in place. This scenario gives an idea of the future potential of the Business Broker Services.

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