Is your business franchisable? Find out yourself by taking the Franchisability Test here! How much would it cost to open one of your locations? USD 500,000 and above USD 250,000 to USD 500,000 USD 100,000 to USD 250,000 Less than USD 100,000 What is your return on investment (%)? (EBITDA) 0 – 10 10 – 30 30 above How profitable is your business? No profit Somewhat profitable Very profitable How do your business sales compare to those of other businesses in your industry? Lower than most About the Same Higher than most To what degree is your business distinctive from its competitors? Not very Somewhat Very Unique Who are your main target customers? All Income level Low Income to Middle Income Middle Income to High Income High Income Only Do you have an operating prototype? Yes No How systematized is your business operations (SOPs)? Not systematized Some basic policies and/or handbook Well documented Computerized How long would it take you to teach someone how to operate your business? Special Certification Over three months One to three months Less than one month Do you have an effective POS (point of sale) and Accounting system? No Basic Advanced Do you have a personnel policy in place? No Yes Do you have branding guidelines? Not yet Some branding materials Standard brand manual The market for your business is? Local Regional National International The competition for your products/ services is? Zero Low Moderate High Where do you stand in terms of media presence/ brand recognition? None Some print and/or social media Strong online presence Both online and offline Is your corporate website active? Yes No Have you received proposals to franchise your business over the past years? No, not yet A few requests Many potential investors Have you received any awards/recognition? Yes, quite a few No, not so far How long has your business been in operation? Less than six months One year or more More than three years How many locations do you have? Single Unit Two or more More than three years Do you have a marketing team? Yes, In-house Yes, Outsourced No Have you registered a domain name for your business? Yes No Have you registered your business trademarks? Yes, Global Yes, Local No Who runs your daily operations? Myself I have a Manager Management team Are you ready for a lifelong responsibility to grow, nurture, support, guide, and be involved? Yes, can’t wait I'm ready, but need to think it over No, I am not sure Name Email Phone Company
