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. It is a unique way of doing business, which is based on mutual trust.
Franchising is a long-term, interdependent relationship that holds the promise of increased wealth for both franchisees (small
http://www.wikidfranchise.org/19990101-ontarios-proposed
and increase the cost of doing business for franchisors and franchisees, thereby hurting us all."
Richard Cunningham, president of the Canadian Franchise Association, said "we don't see the need
http://www.wikidfranchise.org/20060316-regulator-could
of good faith in the franchising code would increase uncertainty in franchising," the Government's response says.
Including good faith could have "adverse commercial consequences" for franchisees
http://www.wikidfranchise.org/20091105-changes-for
to $10,000 for a home-based operation (maid service or janitorial for example) right up to hundreds of thousand of dollars for a major restaurant franchise.
“The franchisor is not making his money from
http://www.wikidfranchise.org/19960923-a-future
the franchise marketplace. Number two, they've made prospective franchisees informed investors who understand exactly what they're going to get, what they're not going to get, what the fees and charges are, who
http://www.wikidfranchise.org/20010205-the-future
and threats facing the sector. These include tight credit conditions; rising interest rates; greater competition for potential franchisees; increasingly saturated or “over franchised” sectors of the economy
http://www.wikidfranchise.org/20100309-ominous-signs
.
It is becoming increasingly obvious many franchise owners are not happy.
To give you an idea of the scope of the sector, here are a few more facts.
- 40,000 people own franchises in Ontario.
- 45 per cent
http://www.wikidfranchise.org/20000208-committee-to
passed laws regulating franchise
sales within the auto and petroleum industries, but sales of food, retail and service franchises continued
unregulated. "It was wide open, " says Anthony R. Pierno
http://www.wikidfranchise.org/20020109-franchise-regulation
“We feel the judge did not take fully into account the unique attributes of franchising and the federal regulatory oversight of the franchise business model. Wrongfully defining franchisees
http://www.wikidfranchise.org/20100329-ruling-threatens
Increasingly, franchisees at other chains feel the same. A growing number are forming independent associations that talk purely in franchisee-speak. Like an organized union, these groups believe
http://www.wikidfranchise.org/19980401-fractured-franchise
