The Canadian franchise association is a business web that was established with the sole aim of making it simpler for entrepreneurs to find suitable businesses to invest in. This organization is devoted in promoting and encouraging decent franchising in Canada. The organization represents more then 400 institution in Canada. Businesses that are registered with the organizations are supposed to follow the superior code of ethics that are stipulated in the disclosure laws. The main importance of the organization is promoting ethical franchising and giving investors assurance that the businesses are of high standards.
Canadian Franchise Association was established in 1967. The founding members of CFA were a small group of franchisors that found the need to have a national organization that was dedicated to development, enhancement and growth of franchising in Canada. CFA is a non-profitable national organization and for over the forty years it has been in operation, more than 500 franchise systems and professionals that support the industry have become members of the initiative.
CFA assumes the position of Canadian franchises national voice. The organization also enhances excellence in franchising through working in cahoots with all levels of government to help in coming up with industry-based solutions. The main aim of the organization is to educate Canadians regarding franchising in general, proper due diligence and specific franchise opportunities with the help of publications, events and programs prepared.
Investors that have a spark for investing in the franchise businesses ought to look at CFA site before making any decision. There are several resources available for both the experienced investors and other people that simply want to test the waters in the franchising industry. Franchising is deemed less risky but not free of inconveniences. Conducting the right research and homework can reduce the level of risk involved.
Businesses that have signed the CFA contract to give new businesses the disclosure document guide. This implies that prospects are supposed to be guide by the parent businesses to help them in getting fully established. CFA represents franchise businesses that are located across the country. An informed board of directors ensures that both the franchisor and franchisee are offered a fair trading ground.
Investing in a franchise is a major decision since you are risking your hard earned money. Being guaranteed that you will be offered a fair trading platform is highly crucial. CFA ensured to educate investors through books, magazines, information packs, articles and papers among other means.