FranchiseCanada SeptemberOctober 2017

66 Canadian Franchise Association http://www.cfa.ca | http://www.LookforaFranchise.ca

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1-855-252-6974

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5 Questions to ask (and why):

1. How much is the initial investment, and what
   does it include?
   Though this number may be given to you as a range, as
   there can be variables, it’s important to get a general
   picture of the financial commitment involved.


2. How does the franchisor award locations?
   A good franchisor will have an established process that
   prospective franchisees are guided through, which allows
   sufficient time for both sides to gather information and
   evaluate the opportunity.


3. What kind of initial and ongoing training/
   support does the franchisor provide to franchisees?
   Since consistency is king in a franchise system, you want
   to see that the franchise offers some level of training and
   support in order to ensure that all new franchisees are able
   to exactly replicate the business concept at their location.


4. Is the franchise system a member of the
   Canadian Franchise Association (CFA)?
   All CFA members voluntarily agree to abide by the CFA
   Code of Ethics.


5. Will I be provided with a disclosure document?
   Existing franchise legislation in six provinces (British
   Columbia, Alberta, Manitoba, Ontario, New Brunswick, and
   PEI) mandates that prospective franchisees be provided
   with a disclosure document before signing the franchise
   agreement. A disclosure document is a compendium of
   information about the franchise system and its officers.

4 Reasons to Make Franchise Tradeshows

Part of Your Investment Journey

1. You get to meet with franchise representatives face to face.


2. You can ask specific questions and get firsthand
   information that is tailored to you.


3. By meeting in person, you can get an idea of the
   company’s culture.


4. You can learn more about becoming a franchisee and
   franchising in general through free on-site seminars.
   Visit http://www.FranchiseCanada.show to get all the details on
   upcoming franchise tradeshows across Canada!

NAVIGATING A FRANCHISE TRADESHOW