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ARTICLE · 13 APRIL 2021

The First Steps In Developing A New Franchise Network: Preparation, Planning And Patience!

It is quite normal for a new franchisor to be eager to develop its new network as soon as possible. Indeed, such new franchisor has already invested a lot of effort, time and money...

CanadaCorporate/Commercial Law

It is quite normal for a new franchisor to be eager to develop its new network as soon as possible.

Indeed, such new franchisor has already invested a lot of effort, time and money in the design and testing of his business model, as well as in the implementation of the tools necessary for its franchise operation.

Like any good entrepreneur, he is also convinced that his new network will be a great success, especially since he has often already received several requests from people interested in obtaining a franchise.

It is therefore not uncommon for a new franchisor to see its network expand and become successful in several Canadian provinces, the United States of America and even elsewhere in the world. We even assist franchisors who, at the drafting stage of their first franchise agreement, already want to obtain the legal documentation required for expansion outside their province of origin.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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