Franchise Questionnaire Is your business a good fit? You wouldn't be here if you weren't wondering if you could possibly take your business to another level. Answer this survey to get a better idea if you are ready to start down the road to franchising! Franchise Questionnaire Do you have an operating prototype that is the same or similar to the business you intend to franchise?YesNoUnsureHas your business been operational for 3 years or more?YesNoUnsureIs your business profitable?YesNoUnsureIf your business is profitable, can a franchisee who owns and operates the business (NOT an absentee owner), under normal operating conditions, earn a living (salary, return, and owner’s benefits) making $50,000 or more after two full years of operation?YesNoUnsureTo review profitability in another way, would a franchisee be able to earn a 20% return on their initial cash investment and make an average manager’s salary after two full years of operation?YesNoUnsureWhat is the total initial investment range a franchisee would need to open up one of your units or territories?Less than $100,000$100,000 to $250,000$250,000 to $500,000$500,000 +Does your service or product have a customer base beyond its local community? Would you define your business has having the potential to expand:RegionallyNationallyInternationallyNone of the aboveDoes your business make a clear and distinct differentiation from your competitors?YesNoNot sureCan your business model be taught in a reasonable time (1 day to 2 months) to someone with limited or no experience in your industry or field?YesNoNot sureIf your business requires special industry experience, certification, training, or other type of requirement, is there a clear way to find your preferred candidates? (For example, a real estate franchise might want to sell to a licensed real estate agent or a dental franchise might want to target a dentist)YesNoNot sureDoes not applyHow many years of experience do you and/or your management team have in your industry or field of work?Less than 5 years5 to 10 years10 to 20 yearsMore than 20 yearsHow would you classify the competitiveness in your industry or business field?HighAverageLowNot SureDo you have a marketing strategy that your franchisees could implement to grow increase their revenue as soon as they open for business?YesNoNot SureAre there federal, state, or local laws/guidelines that make it difficult to open or operate your business?YesNoNot SureDoes your brand have an appealing position within your market?YesNoNot SureCan the sales and marketing strategies of your business be easily replicated in other locations or territories?YesNoNot SureHave you done market research to identify if the long term industry trends and do you understand what the future economic indicators mean for your business?YesNoNot SureDo you have technology systems in place to help manage and support your operations, sales, and/or financial management?Yes, I have great systemsYes, but I could improveYes, but I do not use themNoNot sureDo you have the make-up and experience to be a mentor/coach/trainer that successful franchisors have in their DNA?YesNoNot sureNameCompanyEmail Phone This iframe contains the logic required to handle Ajax powered Gravity Forms.