Publisher’s Message: New Year of Franchise Opportunity

Photo of CFA President and CEO Lorraine McLachlan

If you’ve decided that 2018 is the year when you get started down the path to owning your own franchise business, you’ve chosen the perfect issue to help you make this New Year’s resolution become reality. Packed to the brim with inspiring tales from franchisors and franchisees alike, along with tips, tools, and advice from the best in franchising, this issue has what you need to help you get your franchise footing.

In the 2018 Franchising Trends report, we offer a glimpse into what’s currently happening in Canadian franchising, and what’s set to come over the course of the next year. We also highlight growing and emerging franchise categories to keep your eye on as you look to select the right franchise opportunity, including home cleaning services, employment/personnel services, real estate, educational products & services, quick service restaurants, and children’s sports/recreation/entertainment. We also feature the popular fast casual food franchise segment, a blend between quick service and casual dining franchises.

As we mention in this trend report, franchising is the new ‘mom and pop,’ and franchisees are small business owners who are active in their communities. In our Franchisee Philanthropy feature, we showcase five franchisees who are going above and beyond to help better their communities. Check out this article to learn more about the causes these franchisees support, and their reasons for making giving back a top priority.

Want to learn from even more successful franchisees before you get started? We have you covered. We share the story of first-year franchisee Terri Brooks, who, as the first GS Beauty Bar franchisee on the West Coast, has worked hard to successfully build customer awareness. We also introduce Wendy’s franchisee John Ribson, who started off as an assistant manager trainee more than 20 years ago and now has 25 franchise locations, and millennial franchisee Tyler Burley, who overcame initial challenges with a lot of perseverance and support from the Pillar to Post system.

With all of this information and inspiration at your fingertips, you won’t want to wait to get started, but it’s essential that you carry out the proper due diligence before you make the major decision and sign a franchise agreement. We offer advice for finding the right franchise fit, along with tips for how to ‘wow’ franchisors.

On behalf of the Canadian Franchise Association, I wish you the best of luck in the New Year, as you research, evaluate, and take the rest of the necessary steps toward making your franchising New Year’s resolution come to fruition.

P.S. Don’t miss the most comprehensive listing of franchises available in Canada. Pick up your copy of the 2018 FranchiseCanada Directory!