The franchise has been one of the most rapidly growing business concepts in the most recent history. In Canada, franchises contribute over $100 Billion per year to the Canadian economy and create jobs for over 1.9 Million Canadians. The franchise has continued to be the leading contributor to our economy providing for hundreds of billions dollars market.

Systems An existing system saves you a lot of time and money when starting a business. And a mature system developed by franchisors can help you significantly reduce the risk of failing because it has been proven successful elsewhere. Brands Brand recognition means customers' trust and acceptance. A well-known brand can help drive existing and potential customers to your business. It saves your advertising costs significantly. Discounts Joining a good franchise brand sometimes will allow you to enjoy a much better rate in purchasing the goods and equipment that are needed for your business.

Simple Retail Small size business operation Highly relying on the existing consumer base Selection of location is paramount Reactive marketing Ideal startup investment can be $15OK - $300K Avg Relying on brand recognition Mostly Transitional business Examples: fast-food restaurants, tax prep, gym & fitness, etc. Sophisticated Retail Much bigger than Simple retails Needs larger locations (avg3000 -5000 sq ft) Clients will need your advice for services or goods May need licensing or certificates for employees Tend to be more from stable industries Fewer competitions due to business sizes Idea startup investments ranging from $300k to $500k Examples: auto repair, sign shops, medical clinics, etc. B2C No need for large locations Can be a home office Go into the customer's home Add staff as business scales Franchisor helps drive business The owner needs to focus on sales Pandemic resistant business Ideal startup investment $75k - $150k avg Examples: childcare, senior care, property services, interior design, etc. B2B Providing services to commercial entities Proactive Marketing Mostly operating in office spaces Highly relying on client relations Longer Sales cycles Recurring Revenue model Ideal startup investment $150k - $250K Examples: Commercial Cleaning, business coaching, HR Services

Owner Operator You need to be your own employee. Full involvements in day to day business operation of your franchise. You may or may not need an employee to work with you since for some franchise, you may be able to undertake the entire business operations with just yourself when being an owner operator type of franchise owners. Executives Owner In this type, you are working as an company executive. You work closely with your team of employees. You will need to hire an assistant manager to help you manage pretty much everything about the business, meanwhile you still have to be involved in your business operations for most of the parts. Semi-absentee / Absentee Owners This type of franchise ownership will provide you the most flexibility of time to focus on other things of your life, when you hire a general manager or a team of managers to help you manage your businesses. The team of managers will report to you directly, when you don't have to be fully involved in the day to day business operation, such as sales, maintenance, and/or services deliveries.

Single Unit License This type of license grants the franchisee owner the right to operate a single franchise unit within a small area of exclusive territory. Typically, this is a start-off type of franchise, which helps you to set the foot in the franchise world with minimum investments before you consider any expansion. Regional Developer License This type of license grants the franchisees the right to open multiple units within a specified area. Usually, the franchisor determines the time and the way each unit has to be opened. The specified area can be as big as an entire city or town, which allows the franchisees to have a larger scale of business operation. Master License This license will grant franchisees the right to sell single-unit and regional development licenses on behalf of the franchisor in a designated much larger area. This type of franchise has the most profit potential and essentially, it allows the franchisee to become the franchisor himself/herself. The benefit of the master franchise is often overlooked because the master franchisees will require significant capital and skill sets to be qualified.