Canadian Franchises

Starting a business in the U.S is easy for Canadians. What’s more, they can easily relocate to manage their startups in the U.S. However, most business owners in Canada barely know this fact. Since the inception of the North American Free Trade Agreement and the Free Trade Agreement between Canada and the US, it has been possible for citizens in any of the two nations to start businesses in the other. The Canadian franchising industry, according to the Canadian Franchise Association (CFA), is home to about 1,300 franchises. The industry has over 78,000 single units with various opportunities for people to franchise in automotive product retailing, non-food and food retailing businesses and business purveyor services. The Canadian franchise industry is worth about $68 billion in revenue annually, with charges in the form of fees ranging from $5,000 to over $75,000. On the other hand, personal investments in the industry can surpass $1,000,000 or even be less than $10,000. Canadian citizens can develop their dream business empires with the kind of help the Canadian Franchise Association (CFA) accords them. It empowers them to exploit franchising to their advantage. The Association has more than 40,000 franchises and over 700 corporate members that include some of the most popular and new franchise brands in Canada. The Canadian economy benefits tremendously from the country’s franchises responsible for generating more than $96 billion annually in revenue. The industry also employs over 1.8 million citizens. Franchising has a huge impact on economies, and so is the Canadian economy. In fact, franchising businesses are responsible for about 45% of Canada’s total retail sales. On the other hand, the amount of sales America’s retail industry generates is slightly more than that of Canada. Franchising businesses in the U.S generate about 50% of the nation’s total revenue from the retail and service industry. Do you still want to start a franchise of your Canadian business in the U.S? There’re lots to benefit from establishing a Canadian franchise in the United States of America. With a franchise located in the U.S, you won’t just attract new customers, but also get more business for your Canadian franchise. It’s time for Canadian franchises to enter the U.S market and grow their businesses. We offer a listing of the top available Canadian franchise opportunities at Franchise Clique, use our directory listing to do your research and help find the right option for your investment.