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3 Reasons Buying a Franchise Might Be Better Than Starting Your Own Business

3 Reasons Buying a Franchise Might Be Better Than Starting Your Own Business

Franchises are systems that have been tested and refined and tested again. And gaining access to that system gives you, as a franchisee, the ability to start faster, reduce your initial investment, and avoid mistakes. Before you open your doors for business, most franchisors will provide initial training on every aspect of the business—from finding a site to build-...

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January 14, 2019

Transition planning considerations for franchise owners

Transition planning considerations for franchise owners

(3 min read) Contribution brought to you by: Just like other successful business owners, franchise owners need to plan for the eventual transition of their franchise business. As with business owners, advance planning for this helps to maximize the transition value of the business, minimize future taxes, and secure preparation for both expected options and unexpe...

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December 17, 2018

The Key Ingredients for Succession Success

The Key Ingredients for Succession Success

( 2min read) “Vision without execution is hallucination.” Thomas A. Edison 85% of family businesses that fail in transition do so because of poor communication and insufficient preparation. That’s why, every day, we work with family business owners to ensure they’re having the key conversations needed to plan for the future. As much as we emphasiz...

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December 03, 2018

How to Improve Your Profit with Intangible Assets

How to Improve Your Profit with Intangible Assets

It is commonly accepted that banks can’t finance small to medium-sized enterprises (SMEs) these days. Many SMEs lack the traditional collateral grade assets and/or reliable cash flow that banks need to write a commercial loan or extend a working line of credit. Regrettably, lack of bank financing forces many emerging companies to turn to alternative capital so...

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November 16, 2018

5 Ways to Profit from Brand Assets

5 Ways to Profit from Brand Assets

A key question for many business leaders today is, “How do I manage to keep my existing clients while attracting new customers?” Building and sustaining a unique corporate brand is one of the tools that will allow you to do that. Tim Ambler, retired from the London Business School, defines brand equity as a marketing asset that resides ’between the earsR...

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November 05, 2018

Intangible Assets: Missing Hidden Value in Your Business?

Intangible Assets: Missing Hidden Value in Your Business?

If you’re in business today you’ll be faced with a conundrum: the financial statements of your company tell you that certain physical objects are the principal assets of your business; sadly that’s not what the market, or your gut, is telling you. Business today is increasing reliant on nontraditional sources of value. For example, most software co...

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October 24, 2018

Former Tim Hortons Franchisee Talks Inclusion, Real Jobs & Real Pay.

Former Tim Hortons Franchisee Talks Inclusion, Real Jobs & Real Pay.

Canada’s largest minority group is people who have a disability. The disability community makes up over 15% of Canada’s population or looking at it from a different point of view, the entire population of Manitoba, Saskatchewan and Alberta combined. Few Canadians are aware of this, most believe the disability community to be much smaller. According to ...

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October 22, 2018

Baby Boomers Ready to Cash in Business

Baby Boomers Ready to Cash in Business

“People buy on emotion, not facts,” said Sigrid de Kaste. “So, we looked closely at the target markets and applied solid marketing strategies. The result…we’ve sold our companies for a healthy profit.” Sigrid lives in Australia. I’m in Canada. And our collaborating partner – TPNI Engage – is headquartered in Boston under the banner of The Pu...

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October 10, 2018

Buying a Business in Europe & Bringing it to Canada!

Buying a Business in Europe & Bringing it to Canada!

Recently Nunzio and I had a presentation and was asked: “If I bought a business in Europe, can I bring it to Canada?” It peaked my interest and compelled me to share this with you all! Read below: Establish Your Foreign Business in Canada with Start-Up Program If you own and/or work in a foreign business, and you wish to establish a business presence in Canada...

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October 09, 2018