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Franchise Your Business book

by iFranchise Group
CEO, Mark Siebert

The Ultimate How-To Guide on Franchising Your Business

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Is Your Business a Good Fit for Franchising?

Franchise Feasibility Quiz

Please complete the fields below to help determine if your business is a good fit for franchising. After receiving your quiz results, we will have the right franchise consultant for your business contact you.

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Does your business have a proven track record? (ideally, a business should be in operation for at least one year before franchising)*
Is your business profitable?*
Is your business sufficiently differentiated from your competitors?*
Can your business model be easily taught to others? (i.e., would initial training requirements for franchisees likely be less than three months?)*
Can your business model be duplicated in other geographic areas?*
Are your business’ operating procedures systematized and able to be documented?*
Have you ever received any franchising inquiries?*
Are you committed to growing your business and investing the capital necessary to develop the franchise concept?*
Do you think franchisees would be able to recover their initial investment in a reasonable timeframe?*
Are you willing to provide the support that future franchisees would need to succeed?*
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