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Purchasing a Franchise: A Guide for Professionals

Find out how to assess, Acquire and Operate a Franchise Business, as well as the legal and Financial Aspects of Franchising.

Created byNed Levitt
IntermediateUpdated Oct 1, 2023

What You'll Learn

  • check_circleExplain the concept and benefits of franchising as a business model
  • check_circleIdentify the different types of franchise rights and their implications for franchisors and franchisees
  • check_circleCompare and contrast the domestic and international aspects of franchising
  • check_circleDescribe the process and best practices of buying and selling a franchise system
  • check_circleRecognize the common sources and solutions of franchise disputes

About This Course

This program will appeal to lawyers, accountants, and those considering purchasing a franchise. This is the first in a series of franchise programs, which will cover such topics as:

  • How to Launch a Franchise Expansion
  • The Pros and Cons of Granting Single Franchise Rights, Multiple Franchise Rights, and Master Franchise Rights
  • International Franchise Expansions
  • Buying and Selling Franchise Systems
  • Franchise Disputes: the origins, how to avoid them, and how to resolve them

According to the Canadian Franchise Association, franchising is the 12th largest sector of the Canadian economy, employing approximately 2 million Canadians and contributing over $100 billion yearly to its economy. All indications are that franchising’s impact on the Canadian economy will grow even larger in the future.

Course Content

1 activity • 1 videos • duration: 51m

remove
Section 11 videos • 51 min
  • videocamPurchasing a Franchise
    Duration 51:06

Your Instructor

Ned Levitt

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star26 reviews

Partner in the Canada/U.S. law firm Dickinson Wright LLP and Co-Chair of its Franchise and Distribution Law Group. Ned provides legal services to Canadian and international clients on all aspects of Canadian franchise, licensing and distribution law and has represented some of the world’s foremost franchises. He is recognized in Who’s Who Legal, The Best Lawyers in Canada and Chambers & Partners as one of Canada’s leading authorities in franchising and distribution law. Ned is a noted lecturer and a prolific writer, having published numerous books, papers and articles on franchise and distribution law, including the leading text Canadian Franchise Legislation (2001, LexisNexis). He received the Canadian Franchise Association Lifetime Achievement Award (2010) and was General Counsel to the Canadian Franchise Association from 2000 to 2007. Ned is a member of the International Franchise Association, where he sits on its International Committee, and is also a member of the Canadian Franchise Association, the American Bar Association Forum on Franchising and the International Bar Association. Certified Franchise Executive since 2010. Called to the Ontario Bar (1975). In Ned’s over 4 decades practicing franchise law in Canada, he has experienced virtually ever aspect of franchising, not just as an attorney, but also as an investor and as a broker. He has been instrumental in bringing several concepts into Canada from the U.S., Australia and Europe and expanding Canadian franchise systems internationally.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.2 out of 5
Student's Choice
26 reviews
  • IB
    Irena B.
    starstarstarstarstar

    Valuable information for franchise businesses.

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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