Industry Articles Archives - Page 10 of 10

Considering Investment in a Food Service Franchise: An Analysis

As inflation rates surge, the ripple effects touch various aspects of consumer spending, notably impacting non-discretionary sectors like weekly food expenses. With the rapid increase in the prices of everyday goods, many Canadians find themselves with fewer discretionary funds for dining out. Consequently, potential franchisees are contemplating the prudence of entering the food service franchise […]

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Strategies for Social Media Success in 2023

Konho Kim

With approximately 32% of Canadians turning to social media for insights into businesses and their offerings, companies not yet leveraging online platforms to engage with their audiences should seriously consider doing so. Social Media for Franchise Operations It falls upon the franchisor to establish the brand’s marketing direction, including the dissemination of their chosen logo,

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What is the Role of a Master Franchisee?

Konho Kim

If you’re considering becoming a franchisee in Canada, you’re likely aware of the intricacies involved in running a franchise. Therefore, it’s essential to familiarize yourself with the inner workings of the brand before making a commitment, including understanding the key individuals you’ll be working with. One crucial role within many franchises is that of the

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Level Up Your Franchise: 4 Skills-Boosting Tips for New Canadian Franchisees

Konho Kim

Congratulations on becoming a Canadian franchisee! You bring valuable skills from your past experiences, but continuous learning is key to success. Here are 4 ways to level up your business savvy: 1. Formal Education: Identify areas you want to strengthen, like marketing. Consider enrolling in relevant courses to gain in-depth knowledge and boost your confidence.

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Stop Food Waste Day: Franchises Take a Bite Out of the Problem

Konho Kim

April 26th marks Stop Food Waste Day, a chance for all businesses, especially those in the food industry, to raise awareness and inspire action. Here’s why it matters and how franchises can be part of the solution: Why Food Waste Matters: Producer Impact: Up to 33% of food goes to waste, discouraging farmers and producers. Recognizing

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Lessons Learned by Franchisees During the Pandemic

Konho Kim

As a prospective or new Canadian franchisee, the pandemic may have shaken your confidence. This is entirely understandable, as this global event has thrust everyone into unprecedented situations. However, it’s worth noting that many franchises managed not only to survive but also to thrive during the height of uncertainty. They did this by adapting to

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