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Franchising/Questions Answered by Expert Tony Sansotta
| Subject | Date Asked |
| Franchise location | 1/7/2012 |
| Q: I am interested in aquiring a subway franchise. I would like to know what is the process or who ... A: Since your interest is in acquiring a Subway franchise you should contact Subway directly. If you ... | |
| Termination of Franchise | 8/15/2011 |
| Q: We are a franchisee registered as LLC in Virginia. My wife and I invested our retirement savings to ... A: It seems to me that you have cause for termination on a two fronts. 1. The earnings claims that the ... | |
| Termination of Franchise | 8/12/2011 |
| Q: We are a franchisee registered as LLC in Virginia. My wife and I invested our retirement savings to ... A: The best thing to do under your circumstances is to talk with the franchisor and let them know that ... | |
| Franchisee Help | 1/8/2010 |
| Q: I live in New Jersey. I will try to make this short as possible. I went into partnership with ... A: Do not invest in another store! It is obvious that you are dealing with a franchisor that is the ... | |
| Protect Myself from possible franchisor | 5/20/2009 |
| Q: I'm interested in buying into a new franchise for a breakfast restaurant in Quebec. When I first ... A: You need to get the financials for all three restaurants for the past three years. This should give ... | |
| Protect Myself from possible franchisor | 5/20/2009 |
| Q: I'm interested in buying into a new franchise for a breakfast restaurant in Quebec. When I first ... A: You absolutely want to see their financial statements. In fact you should be calling their ... | |
| new business | 5/8/2009 |
| Q: if I have a great knowledge in some issue (industry) also I enjoy it and interested in too , is that ... A: Knowledge of an industry is very important but practical experience within the industry is very ... | |
| Re: Costs of franchising a business | 3/18/2009 |
| Q: I am a business marketing student, doing a detailed business plan for franchising my own business. I ... A: Are you planning on applying to become a franchisee of a currently franchised company or are you ... | |
| Franchise Advisory Council | 8/12/2008 |
| Q: Forming a Franchise Advisory Council within B.C.-is this possible? and recognized? I understand it ... A: I live in Calgary. I only wish that I lived in beautiful Vancouver. You can call me at ... | |
| non-compliance | 8/11/2008 |
| Q: Non-compliance is of concern to investors. They want to know what you intend to do to keep the new ... A: The Franchise Agreement specifies what happens when a franchisee is not complying with the standards ... | |
| Investment | 6/2/2008 |
| Q: I have recently moved to Montreal and I do not speak French. I am interested in buying a low capital ... A: The type of franchise will have to do with your expertise, the type of lifestyle you want to live ... | |
| Legal Obligations of a Franchisee | 4/26/2008 |
| Q: I have verbal confirmation that if unsatisfied with a commercial cleaning franchise opportunity that ... A: Always get everything in writing. At no time should you rely on a recorded conversation. If the ... | |
| question ! | 2/9/2008 |
| Q: when I searching for some franchises I found some requirements in the requirements I found 3 ... A: The three numbers relate to three different things. 1. The minimum cash required is the minimum of ... | |
| question ! | 1/29/2008 |
| Q: there is an firm based on giving loans for new business & they have a special section for franchise ... A: GE Corporation will earn interest on the money that it lends you. The MBA will not add too much to ... | |
| question ! | 1/29/2008 |
| Q: there is an firm based on giving loans for new business & they have a special section for franchise ... A: GE capital is the well known and respected financing arm of GE Corporation. GE will lend you money ... | |
| franchise | 7/28/2007 |
| Q: I am looking to open a franchise from abroad and bringing it here to the UK. I have a few ... A: Most of the questions you are asking will be covered off in the franchise agreement and will be ... | |
| How to structure the franchise | 6/29/2007 |
| Q: Tony! I'm looking at a franchise now that I'd operate with my wife. We're early in the process yet, ... A: You should definitely set up an incorporated or limited liability company to operate the franchise. ... | |
| Franchising | 6/9/2007 |
| Q: i m engineering graduate , i like business so much , i studied most business aspect beside my ... A: 1) If you are just starting into business it is always better to invest with people who have been in ... | |
| need to know | 1/15/2007 |
| Q: the,laws,rights,legal aspect of the franchising is it differ from local franchising & international ... A: The US legal requirements vary by state although the UFOC is an effort to provide some ... | |
| Franchising | 6/13/2006 |
| Q: A friend and I have come up with a business idea that would definitely lend itself to being ... A: The best thing you can do is to use a franchise consultant to review your concept and provide you ... | |
| Franchises | 4/12/2006 |
| Q: How many years accounts should you ask to see when buying a franchise. The company I am dealing ... A: It is normal to ask to see at least three years financial information. You want to see the ... | |
| Buying a franchise | 5/20/2005 |
| Q: My wife and I would like to buy a franchise but have little business experience and a low net worth. ... A: First off I hope that I can convince you not to get into a food service business. 80% of all ... | |
| Yesterday I askd you "What... | 4/22/2005 |
| Q: Yesterday I askd you "What is franchising - is it for example if you have a pub, in which there is ... A: Franchising is a method of doing business that has been standardized so that the same process can be ... | |
| What is franchising - is it... | 4/21/2005 |
| Q: What is franchising - is it for example if you have a pub, in which there is something special to ... A: Franchising accounts for about 45% of GNP so you are probably dealing with franchises every day that ... | |
| What is the true cost of creating a franchise? | 3/24/2005 |
| Q: I am curious if you know how much it would realistically cost to create a franchise in Canada. ... A: The variance depends on what you want and need. If you just need franchise documents then you are ... | |
| Choosing a Franchise | 4/16/2004 |
| Q: I have been researching several different franchise opportunities over the past 8 months. Two that ... A: I can't give you specific information about either company, however, I would suggest that you review ... | |
| franchising | 4/7/2004 |
| Q: i was wondering where i could find articles or journal articles based upon if franchising an answer ... A: There are several books on franchising which would be good resource materials. These can be ... | |
| Franchising | 3/19/2004 |
| Q: Is franchising an answer for all small business? if so why and if not why? A: All small businesses can not and should not be franchised. There are many reasons for this. 1.The ... | |
| first time | 3/10/2004 |
| Q: Can we focus a little in the financial issue ? Whay kind of fees should i expect ? Can you tell me ... A: Franchise companies have a wide range of financial requirements from their franchisees. I've done ... | |
| Theatre Franchises | 2/29/2004 |
| Q: Is there a particular place that I can look to find the franchises in Canada in the theatre ... A: The Franchise Annual put out by Dixon Publishing lists Canadian franchises. Franchise systems are ... | |
| Theatre Franchises | 2/29/2004 |
| Q: I am curious how to find all theatre franchises and somehow find out how many outlets each franchise ... A: The best place to look for the information on franchise companies is Bond's Franchise Annual. This ... | |
Franchising
Answers by Expert:
Tony Sansotta
Top Expert on this page
Expertise
I can answer any questions relative to franchising in Canada. This includes legal requirements of franchisors to provide disclosure documents, which provincial jurisdictions have franchise laws, questions to ask franchisors if you are interested in being awarded a franchise, and how to investigate before you invest. I can answer questions relating to franchise agreements. From the franchisor stand point I can provide information on any issues that franchisors face while managing their franchise system. This can include things like how to set up an effective Franchise Advisory Council, how to deal with non-compliance and how to prepare for the termination of a franchisee.
Experience
I have been involved within the franchise industry for over twenty years both as a franchisee and a franchisor. I helped write the Alberta Franchises Act (1995) and have served on the board of directors of the Canadian Franchise Association for five years. I currently provide franchise related services to a number of franchisor clients.
Publications
Canadian Franchise Business Magazine
Education/Credentials
B.A., M.A., M.B.A.
Awards and Honors
Canadian Franchise Association-President's Award of Merit
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