Mitigate Risk – Review our Guide to Franchisee Financial Scr...
| As a Franchisor, you want to make the best possible decision when evaluating a prospective franchisee in order to reduce risk and increase success. We can help with that! |
Sue McConnachie
Posts By Sue McConnachie
5 Initial Steps to Commence Preparation for the Upcoming Con...
1. Transparency
In order to comply with the CPPA businesses must take the steps to make information available to the public. This publicly available information should be provided in “plain language” and include elements such as types of personal information under its control, how it is used, retained and whether any interprovincial/international data transfers occur.
Understanding Selected Key Differences Between the Proposed ...
In 2022 the federal government introduced a complete overhaul of the private sector privacy laws, designed to regulate an organization’s privacy practices to further protect individual’s personal information. The CPPA will replace the Personal Information Protection and Electronic Documents Act (PIPEDA) which has been in existence since 2001. CPPA is built on the foundation of PIPEDA and its ten fair information principles, but the draft of CPPA proposes changes, some of which include the following:
A LOOK AT BILL C-27 – THE PROPOSED CHANGES TO CANADA’S PRIVA...
Changes are on the way in 2023 due to the introduction of Bill C-27, which is comprised of three different legislations.
Property Management Resources to Mitigate Risk
All areas of commercial property management can be exposed to risk. To mitigate these risks, it is important to take advantage of all the tools available to you whenever possible.
Successful Income Focused Property Acquisitions – Assess the...
When working in real estate advisory or the commercial property investment industry, due diligence is critical to a successful purchase. This is especially true when it comes to assessing the value and quality of an existing commercial tenant base and the future income stream of the property.
Identify Your Delinquent Tenant’s Assets and Liabilities
Begin the debt recovery process - identify your delinquent tenant's assets and liabilities. Being a property manager brings with it the potential for serious risk, liability and consequences at a time when the scales of justice seem tipped in favour of the delinquent or "bad" tenants. Once a tenant has gone delinquent, property managers must decide whether to proceed with legal action and after all, if there is a minimal probability of recovering the debt, why incur the costs of a suit? The QCS “Asset Accumulation Report” is designed specifically with your skipped and delinquent tenants in mind. It is the most comprehensive report offered in today’s market and has been successful in assisting the property management industry in making decisions regarding the next course of action.
The “Asset Accumulation Report” will identify assets and liabilities and locate the tenant for service purposes. This report will help make decisions at different stages, from the time the tenant first falls into arrears to the time the tenant makes the midnight move. The report assists the landlord when dealing with a rent abatement situation or considering terminating a tenant's lease for unpaid rent. To take legal action or not?
This complimentary guide presents the information you receive in our Asset Accumulation Report. We explain the relevance of the information included, how to interpret the data, and we offer insight into sections that can be especially helpful in making informed decisions.
In this eBook, you will:
Insight into QCR’s Comprehensive Tenant Credit Reports
As a Property Manager or owner, you want to make the best possible decision when evaluating a prospective tenant in order to reduce risk and increase success. QCR has been North America’s preferred Commercial Credit Reporting Agency specializing in the Property Management Industry for almost 3 decades. We developed an investigative approach to reporting, concentrating on providing the industry with a report that combines current, up-to-date and historical information.
This complimentary guide presents the information you receive in our Comprehensive Tenant Report. We explain the relevance of the information included, and how to interpret the data, and we offer insight into sections that can be especially helpful in making an informed decision.
Can You Rely on Your Conventional Screening Process to Tell ...
Recruiting the best franchisee for your operation is critical to the success and reputation of your organization. You need to eliminate the risk of selecting the wrong candidate at every step of the way. As a franchisor, you have invested in developing a business model that will attract only the best franchisees and the steps taken in the selection process are essential to positive results.
Can You Recover Unpaid Rent from the Pandemic’s Skipped and ...
During this un-precedented COVID-19 crisis, the number of Skipped and Delinquent Tenants is on the rise. Being a property manager brings with it the potential for serious risk, liability and consequences at a time when the scales of justice seem tipped in favour of the delinquent tenant. Once a tenant has gone delinquent, property managers must decide whether to proceed with legal action, and after all, if there is minimal probability of recovering the debt, why incur the costs of legal action?
