BUY A FRANCHISE in Canada

Your Guide To Start a Franchise and Migration to Canada

What is a franchise?

The International Franchise Association defines a franchise as a “method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor’s name and system.”

Why you should consider buying a franchise instead of starting a business from scratch?

Franchising is a great way to start a business in Canada. It offers foreign investors the opportunity to open up a ready-made business that already has processes, procedures, branding and business operation strategies in place. Moreover, operating a franchise will provide you and your family members with an opportunity to gain Permanent Residence in Canada.
However, It is critical to understand what a franchise is as owning a franchise does not work the same way as a business that comes from an original idea you have.

Below are some questions you may need to answer before considering buying and operating a franchise:

Your Investment

  • How much money do you have to invest?
  • How much money can you afford to lose?
  • Are you purchasing the franchise alone or with partners?

Your Abilities

  • What special skills can you bring to this business?
  • What experience do you have as a business owner or manager?

Your Goals

  • What are your reasons for buying a particular franchise?
  • Do you need a specific minimum annual income?
  • Do you want to work in a particular field?
  • Are you interested in retail sales or performing a service?
  • How many hours can you work? How many are you willing to work?
  • Do you intend to operate the business yourself or hire a manager?
  • Are you willing to let the franchisor be your boss?

Top benefits of buying a franchise:

01

Options Flexibility

You can find a franchise almost in any sector of your interest in various sizes of investment. You can choose to buy one with a smaller investment and further expand the size of your franchise.

02

Established Image of the Company

The company name is already established as a famous brand and clients will be ready to start buying from you even before you launch your business.

03

Marketing

Marketing tools and strategies for the brand are usually provided by Franchisor and you will receive assistance in announcing the opening of a new location.

04

Lessons Learned

The system has already been created by learning from mistakes, marketing and pricing are set based on years of experience and current market trends.

05

Mentoring and Training

As a Franchisee, you and your staff ( if necessary) will receive training for the successful operation of the franchise. Training is a life-saving procedure for your business and frees you from lots of stress.

06

Continuous Support

As a Franchisee you will receive invaluable support including training to set up a business, up-to-date information about new strategies or improvements to the business, access to the company’s office, and participation during regular business meetings and events organized to support franchisees.

07

Securing a location

Finding the right location with good customer traffic for your business is one of the key factors and most important decisions you need to make. With a franchisor, you can rest assured that professional research will be made for you.

08

Selling your business

In case you wish to sell your profitable business one day, your franchisor will also be able to find a replacement for you and the process should be straightforward, saving your time and money to find a buyer.

How we can help?

If you have decided that buying a franchise in Canada suits your business goals, you came to the right place to start the process. Our business and immigration law experts will work with you every step of the way and take care of due diligence and all other legal aspects of your project until you successfully launch your franchise in Canada.

CONTACT US today to learn all other details about your immigration and business establishment by investing franchise in Canada.

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