For example, the franchise system can be used to earn a living in the services sector, while Train station is an attractive location because franchisees benefit from the walk-in customers. The franchise system balances the market power of a large company with the advantages of an individual entrepreneur. Approximately 950 franchise systems are waiting for future franchisees. After payment of the licence fees and all other costs agreed in the contract, the franchisee benefits from the trademark rights of the well-known brand, the advantages of purchasing, current training courses and the advertising fund. Franchises have achieved stability, new entrepreneurs belong to a strong network. As legally independent entrepreneurs, they are part of a large network from which everyone can benefit, says the franchisor.
The most successful Livelihood services Franchise in Canada:
|Logo Franchise||Franchise Outlets||Investment size||Establishment year||Apply|
|100-200||CDN$ 40.000 - 70.000||1999||Apply here|
|50-100||CDN$ 50.000 - 60.000||2009||Apply here|
|100-200||CDN$ 25.000 - 35.000||2010||Apply here|
|50||CDN$ 220.000 - 250.000||2009||Apply here|
|50-100||CDN$ 40.000 - 50.000||2015||Apply here|
|12||CDN$ 125.000 - 135.000||1993||Apply here|
|Less than 10||CDN$ 110.000 - 120.000||1960||Apply here|
|Less than 10||CDN$ 110.000 - 115.000||2009||Apply here|
|100 in next 5 years||CDN$ 250.000 - 300.000||2003||Apply here|
|100-200||CDN$ 50.000 - 60.000||2014||Apply here|
Bridging the first few months
Starting your own business can be associated with financially difficult times at the beginning, financial reserves are the best way to bridge the bottleneck. The ongoing fees are always incurred, even if slight starting difficulties develop. The franchisor and other franchisees provide the expertise to bridge such start-up difficulties. The longer the franchisor has been successful in the market with the business idea, the easier it is to avoid start-up bottlenecks. Specialist tea shops are a way of earning a living, while service companies are another option for venturing into self-employment. With the participation in founder fairs information is obtained, which is helpful for firm founders.