Use this form to help you determine the feasibility of your business as a franchisable concept. Answer each question along the left-hand side of the form assigning a rating of 1-5 for each question, with 5 being the strongest. Total each column after you’ve finished, then add all five columns together for a grand total. The higher the score, the more potential the concept has of becoming a successful franchise.
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2 | 3 | 4 |
5 |
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1. Does your business have an established track record of more than five years? | ||||||
2. Do you and/or any of your partners have experience in the business greater than the period of time your business has been in operation? | ||||||
3. Does your business have 10 or more locations? | ||||||
4. During the time your business has been in operation, has it maintained average net profits in each location of more than $200,000? | ||||||
5. Does the business generate repeat customers on a frequency greater than two times per month? | ||||||
6. Does the business attract customers from a 5 mile radius or greater? | ||||||
7. Do you have more than $250,000 to invest in the development of your franchise concept? | ||||||
8. Do you and/or any of your partners have business management experience greater than 10 years? | ||||||
9. Will the start-up requirements for franchisees be less than $25,000? | ||||||
10. Are training requirements less than three months? | ||||||
11. Does your business have international adaptability? | ||||||
12. Rate the competitiveness of your industry. | ||||||
13. Have you received more than 10 franchising inquiries in the last year? | ||||||
Total Of Each Column |
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Total Score |
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