Читать книгу Buying a Franchise in Canada - Tony Wilson - Страница 3

There are books out there about franchising for people seeking to buy a franchise. The problem is, most of them are American and deal with US concepts that are not necessarily relevant to Canada and the way franchising operates in this country. The Canadian legal books that I am aware of are excellent, but deal with franchising from the perspective of the franchisor. These books are instructive if you are the one starting the franchise, but not as helpful if you are the franchisee seeking to buy the franchise. As well, most of them are for lawyers.

There was nothing that I was aware of (when I started this book) that was written to assist franchisees in making the single biggest investment of their lives. This book was written to help those people understand some of the legal issues prospective franchisees must be aware of before they acquire a franchised business. The first edition of this book sold over 4,000 copies and I continue to receive emails from Canadians thanking me for writing it and helping them to understand the pros and cons of becoming a franchisee in Canada.

Little has changed since the first edition; there have been some terminology changes in the United States (UFOC to FDD). PEI has adopted legislation pertaining to franchising, as has New Brunswick (although at the time of writing, that province has yet to approve regulations dealing with disclosure obligations).

Some provinces have legislation that regulates franchising, but the other provinces and territories do not. In these provinces, franchisees must be more careful before they venture into the world of franchising because there is little but the common law to protect them.

Hopefully, this book will help explain the pros and cons of buying a franchise in Canada.