| The Answer is difficult to determine. The more of these questions you can answer affirmatively, the more likely you will be to succeed. | |
| Do you presently own a profitable business? | |
| Have you been in business long enough to develop an efficient operating procedure that poses minimal problems? | |
| Do you want to expand your business rapidly? | |
| Can your business be readily systematized, broken into its essential components? | |
| Is your business in a disorganized industry, characterized by a great many small mom-and-pop operators? | |
| Is your industry lacking a significant number of large franchises or company owned businesses? | |
| Is your business in an established market? Has the validity of your product or service been proven? | |
| Does your product or service fill a legitimate consumer want or need? | |
| Is your business relatively simple to operate? Could it be learned quickly and easily by other business people? | |
| Does your business generate enough revenue for both the franchisee and franchiser to share in the wealth? | |
| Could your business be easily duplicated? Could it be cloned for a reasonable amount of money? | |
| Is your business replicable in any of a number of locations? Could the concept work in markets nationwide? | |
| Is your business in the service sector of the economy? | |
| Can your business be operated on a modest inventory? | |
| Is your business based on a trent rather than a fad (trends are long-term; fads are fleeting)? | |
| Could a copy of your business break even in a reasonable amount of time (a year or less)? | |
Could your business generate enough revenue to attract potential franchisees? Would a reasonable man be happy working for the return your business could provide? |
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| Does your business offer something new or improved? A better product or service? | |
| Does your business lend itself to public relations? Could it generate interest on its own? | |
| Have you ever been approached by someone interested in buying your business as a franchise? | |
| Is your business prepared to enter long-term business relationships with independent operators? | |
| Can you offer franchisees training, advice, other support services, and administer a network of independent businesses? | |
| Can your business afford to invest in a franchise program? | |