what is a franchise agreement

Franchising is one of the most common and successful business models in Canada. Currently, there are nearly 85,000 franchise businesses licensed to about 2,000 franchisors. In total, the industry sales are a total of approximately $100 billion, which is approximately 45 percent of the total retail spending in Canada. The prominence in Canadian society of the unique type of business relationship known as franchising is well supported by statistics.

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