Is it time to update the financial statements in your franchise disclosure document?
Financial Statement Requirements for Disclosure Documents Franchise legislation in Canada (currently in the provinces of BC, Alberta, Manitoba, Ontario, New Brunswick and PEI) contains a requirement that franchisors include financial statements for their most recently completed fiscal year. …Continue reading the post titled Is it time to update the financial statements in your franchise disclosure document?
Filing deadlines extended for patents, trademarks and industrial designs in response to COVID-19
Note: This post has been updated to reflect additional notices issued by CIPO, mostly recently on June 30, 2020, each which further extended the previously announced extension. As Canada responds to the COVID-19 pandemic, the Canadian Intellectual Property Office (CIPO) has taken the drastic…Continue reading the post titled Filing deadlines extended for patents, trademarks and industrial designs in response to COVID-19
Franchise disclosure during the COVID-19 pandemic
The COVID-19 pandemic is affecting almost every business in one way or another. This is equally true for franchise systems and the franchised businesses in those systems. A limited number of fortunate franchise systems and business are experiencing a positive impact, as the pandemic increase…Continue reading the post titled Franchise disclosure during the COVID-19 pandemic
Expanding your multi-level marketing plan to Canada
The Competition Bureau: Achieving positive written opinions for multi-level marketers Canada’s legal system imposes severe civil and criminal penalties on multi-level marketing (MLM) plans that fail to follow the law. Illegitimate businesses face the potential of paying unlimited fines, and …Continue reading the post titled Expanding your multi-level marketing plan to Canada
What does COVID-19 mean for franchise systems?
How does the COVID-19 pandemic affect franchises systems? On March 11, 2020, the World Health Organization declared COVID-19 a global pandemic. As the situation evolves, the day-to-day affairs of businesses are constantly changing. Responding to a pandemic poses a unique situation for franch…Continue reading the post titled What does COVID-19 mean for franchise systems?
Understanding the differences between GDPR, CCPA, and PIPEDA – a guide for Canadian businesses
Gone are days of unregulated and untethered data gathering. With the rolling out of the California Consumer Privacy Act, Canadian businesses are now finding themselves navigating a sea awash with a patchwork of extraterritorial legislation. The laws are sometimes inconsistent, often vague, a…Continue reading the post titled Understanding the differences between GDPR, CCPA, and PIPEDA – a guide for Canadian businesses
Advantages and disadvantages of franchising your business
If you’re reading this article, you’re probably considering franchising as a method of expansion for your business. You might be considering franchising as a result of your own research into expansion options for your business, or (as is often the case) you might be considering franchising b…Continue reading the post titled Advantages and disadvantages of franchising your business
Should I franchise my business?
Franchising as a business expansion model has many advantages and can be a great choice for the right business. However, not all businesses are well-suited to be franchised (sometimes called “franchisable”). Moreover, a business needs to be at the right stage to start franchising. This artic…Continue reading the post titled Should I franchise my business?
Cannabis Trademark Licensing and the Accidental Franchise
Certain licensed producers have been licensing their trademarks (or the trademarks of their retail arm) to successful applicants for Ontario cannabis retail licenses. Trademark license agreements involve downside legal risk; in particular, the “accidental franchise”, and must be drafted with…Continue reading the post titled Cannabis Trademark Licensing and the Accidental Franchise
Coffee giant, franchisee group close to settling two class action lawsuits
Franchise lawyer Peter Dillon recently spoke with Advocate Daily about a Canadian coffee giant and frustrated franchisees that appear to be close to reaching a settlement in two class action lawsuits. See the full article below. Coffee giant, franchisee group close to settling two class acti…Continue reading the post titled Coffee giant, franchisee group close to settling two class action lawsuits