{"id":15984,"date":"2019-09-29T09:45:43","date_gmt":"2019-09-29T13:45:43","guid":{"rendered":"https:\/\/www.2026-pfc.reviewyoursite.ca\/blog\/?p=15984"},"modified":"2019-09-29T09:45:43","modified_gmt":"2019-09-29T13:45:43","slug":"thinking-about-franchising-understanding-franchising-canada","status":"publish","type":"post","link":"https:\/\/2026-pfc.reviewyoursite.ca\/blog\/franchise-opportunities\/thinking-about-franchising-understanding-franchising-canada","title":{"rendered":"Thinking about franchising in Canada? Learn how to get started"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-23191\" src=\"https:\/\/www.2026-pfc.reviewyoursite.ca\/blog\/wp-content\/uploads\/Dreaming-about-1024x1024.png\" alt=\"Thinking about franchising in Canada?\" width=\"1024\" height=\"1024\"><\/p>\n<p>Are you a new Canadian thinking about franchise opportunities in Canada? <strong>Prepare for Canada<\/strong>, along with <strong>The Franchise X-Perts<\/strong>, can provide you with tools, resources, and information to help you understand the basics of franchising. Our program, <a href=\"https:\/\/info.2026-pfc.reviewyoursite.ca\/blog\/franchising-for-new-canadians?utm_campaign=Franchise&amp;utm_source=thinking-about-franchising&amp;utm_medium=franchising-learning-center\"><b><i>Franchising for New Canadians&nbsp;<\/i><\/b><\/a><span style=\"font-weight: 400;\">is intended to help newcomers learn the essentials of franchising before making any big decision and commitment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You&#8217;ll have access to leading experts in the franchise industry all at no cost to you through our:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">webinars<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">videos<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">blogs<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">franchise self-assessment tool<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"font-weight: 400;\">and other valuable resources.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If you&#8217;re thinking about self-employment options, there are three general options that are most likely suited to new Canadians:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Start a new business from scratch<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">2. Buy an existing business<\/span><\/p>\n<p><span style=\"font-weight: 400;\">3. Own a franchise<\/span><\/p>\n<h2><\/h2>\n<h2><strong>Would you like to be your own boss?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Well, starting your own small business is a great way to start you on the road to being your own boss. And, any of these three options will help you to achieve that goal.<\/span><\/p>\n<p style=\"text-align: center;\"><em><strong>To find out what it takes to open a successful franchise in Canada,&nbsp;<\/strong><\/em><\/p>\n<p style=\"text-align: center;\"><em><strong>download our free e-book!<\/strong><\/em><\/p>\n<p style=\"text-align: center;\">[cjtoolbox name=&#8217;Franchise Blog CTA&#8217;]<\/p>\n<h2><strong>Have you considered franchising?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Franchising in Canada is an important and growing part of Canada\u2019s economy and one of the many groups fueling this growth are new Canadians. If you\u2019re a new Canadian eager to get into business for yourself, you may want to explore franchising as a less risky path to being your own boss. &nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Over the past nine years, Prepare for Canada has built a large domestic community of highly qualified and motivated newcomers to Canada. Recent research conducted by Prepare For Canada identified, among other things, that:<\/span><span style=\"font-weight: 400;\"> &nbsp;<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Over 20% of our newcomer community would like to start their own small business<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Almost 80% of those are interested in franchising as their preferred route to start a small business<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><\/h2>\n<h2><strong>What is a Franchise?<\/strong><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-16021\" src=\"https:\/\/www.2026-pfc.reviewyoursite.ca\/blog\/wp-content\/uploads\/Franchise-speech-bubble.jpg\" alt=\"Franchise speech bubble\" width=\"217\" height=\"175\" srcset=\"https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2018\/10\/16153248\/Franchise-speech-bubble.jpg 387w, https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2018\/10\/16153248\/Franchise-speech-bubble-300x242.jpg 300w\" sizes=\"auto, (max-width: 217px) 100vw, 217px\" \/><\/h2>\n<p><span style=\"font-weight: 400;\">A franchise is a type of business that is owned and operated by individuals (franchisees) but, with the support and guidance of a larger organization (franchisor). It is a legal agreement between two parties where:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The franchisor allows a person or a group of people, the right to sell a product or service using the trademark or trade name of their brand<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The franchisee is given the right to use the franchisor\u2019s marketing, business tools, and knowledge.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Based on this Franchise Agreement, the franchisee pays the franchisor for these rights, and the franchisor provides the trade name rights and support.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-16005 size-full\" src=\"https:\/\/www.2026-pfc.reviewyoursite.ca\/blog\/wp-content\/uploads\/Franchise-Agreement-Contract.png\" alt=\"Franchise Agreement Contract\" width=\"1237\" height=\"586\" srcset=\"https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2018\/10\/16153246\/Franchise-Agreement-Contract.png 1237w, https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2018\/10\/16153246\/Franchise-Agreement-Contract-300x142.png 300w, https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2018\/10\/16153246\/Franchise-Agreement-Contract-1024x485.png 1024w, https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2018\/10\/16153246\/Franchise-Agreement-Contract-768x364.png 768w\" sizes=\"auto, (max-width: 1237px) 100vw, 1237px\" \/><\/p>\n<h2><\/h2>\n<h2><strong>What is a Franchise Category?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Many stores and restaurants that you see every day are franchises. While&nbsp; many of the well-known franchises such as McDonald\u2019s; Subway; and 7-11, dominate the franchise landscape there are thousands of franchises of different sizes and types.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">People often think of fast food when it comes to franchising however, there are many more categories to choose from based on your interests and experience. &nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are just a few examples of franchise categories:<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-16008 size-full\" src=\"https:\/\/www.2026-pfc.reviewyoursite.ca\/blog\/wp-content\/uploads\/Franchise-Categories-Example.png\" alt=\"Franchise Categories Example\" width=\"1278\" height=\"424\" srcset=\"https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2018\/10\/16153247\/Franchise-Categories-Example.png 1278w, https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2018\/10\/16153247\/Franchise-Categories-Example-300x100.png 300w, https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2018\/10\/16153247\/Franchise-Categories-Example-1024x340.png 1024w, https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2018\/10\/16153247\/Franchise-Categories-Example-768x255.png 768w\" sizes=\"auto, (max-width: 1278px) 100vw, 1278px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">As you can see, there are many different categories for you to choose from.&nbsp;<\/span><\/p>\n<h5><\/h5>\n<h5><\/h5>\n<h5><strong>Related Posts:<\/strong><\/h5>\n<ul>\n<li class=\"entry-title\">\n<h5><a href=\"https:\/\/www.2026-pfc.reviewyoursite.ca\/blog\/small-business\/franchise-opportunities\/how-to-research-a-franchise-opportunity-thats-best-for-you\/?utm_campaign=Franchise&amp;utm_source=thinking-about-franchising&amp;utm_medium=how-to-research-franchise\"><span style=\"color: #808080;\">How to Research a Franchise Opportunity that\u2019s Best for You<\/span><\/a><\/h5>\n<\/li>\n<li>\n<h5><span style=\"color: #808080;\"><a style=\"color: #808080;\" href=\"https:\/\/www.2026-pfc.reviewyoursite.ca\/blog\/small-business\/franchise-opportunities\/millennials-are-finding-franchising-success\/?utm_campaign=Franchise&amp;utm_source=thinking-about-franchising&amp;utm_medium=millennials-franchising-success\">Millennials are Finding Franchising Success<\/a><\/span><\/h5>\n<\/li>\n<\/ul>\n<hr \/>\n<h2><\/h2>\n<h2><strong>Why does Franchising in Canada Make Sense?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Franchises have a higher rate of success than start-up businesses. It is estimated that of all the franchises opened in Canada within the last 5 years, <\/span><b>86% <\/b><span style=\"font-weight: 400;\">are under the same ownership and <\/span><b>97%<\/b><span style=\"font-weight: 400;\"> are still in business. Conversely, Statistics Canada reports that 75% of all small business startups fail in the first <\/span><b>18 months.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Franchising in Canada makes sense! The franchise industry has seen double-digit growth in the past few years, with the number of new franchise brands and outlets increasing steadily. Roughly 4,300 new franchise outlets open in Canada each year. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is a common phrase in franchising: \u201c<\/span><b>Be in business for yourself, but not by yourself\u201d<\/b><span style=\"font-weight: 400;\">. &nbsp;This speaks to the level of support, training, and success you can achieve with a strong franchisor and brand. However, you still have to apply good management principles to achieve franchise success such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">informed decision-making<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">hard work<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">time and financial management<\/span><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">customer service<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Be sure to visit our <a href=\"https:\/\/info.2026-pfc.reviewyoursite.ca\/blog\/franchising-for-new-canadians?utm_campaign=Franchise&amp;utm_source=thinking-about-franchising&amp;utm_medium=franchising-learning-center\"><em><strong>Franchising for New Canadians Learning Center<\/strong><\/em><\/a> to view tools, resources, and information to help you make an informed franchising decision.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you a new Canadian exploring franchising as a business opportunity? To help you get started, our Franchising for New Canadians program can help you by providing important information and resources about franchising in Canada. Our free resources, and access to leading experts in the franchise industry can help you make an informed decision about franchising. Learn about franchising basics and how we can help you.<\/p>\n","protected":false},"author":11,"featured_media":23191,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[70,72,73],"class_list":["post-15984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-franchise-opportunities","tag-franchise","tag-franchising","tag-franchising-in-canada"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Franchising in Canada: Get Started | Prepare for Canada<\/title>\n<meta name=\"description\" content=\"Franchising in Canada is an important and growing part of Canada\u2019s economy and one of the many groups fueling this growth are new Canadians.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Franchising in Canada: Get Started | Prepare for Canada\" \/>\n<meta property=\"og:description\" content=\"Franchising in Canada is an important and growing part of Canada\u2019s economy and one of the many groups fueling this growth are new Canadians.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/2026-pfc.reviewyoursite.ca\/blog\/franchise-opportunities\/thinking-about-franchising-understanding-franchising-canada\" \/>\n<meta property=\"og:site_name\" content=\"Prepare for Canada\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PrepareforCanada\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-29T13:45:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/2024-rd-staging.nyc3.cdn.digitaloceanspaces.com\/2024-prepare-for-canada\/2019\/12\/16153257\/Dreaming-about.png\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"franchisexperts@icloud.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Prepare4Canada\" \/>\n<meta name=\"twitter:site\" content=\"@Prepare4Canada\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"franchisexperts@icloud.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/2026-pfc.reviewyoursite.ca\/blog\/franchise-opportunities\/thinking-about-franchising-understanding-franchising-canada#article\",\"isPartOf\":{\"@id\":\"https:\/\/2026-pfc.reviewyoursite.ca\/blog\/franchise-opportunities\/thinking-about-franchising-understanding-franchising-canada\"},\"author\":{\"name\":\"franchisexperts@icloud.com\",\"@id\":\"https:\/\/2026-pfc.reviewyoursite.ca\/blog\/#\/schema\/person\/3f6aaf9e8e37bdeeedb0c8a4ebe9f448\"},\"headline\":\"Thinking about franchising in Canada? 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