Franchising Readiness Assessment

Brand Name

Name

Address

1) How many locations do you currently operate?

No Locations Open Yet – We want to open a location soon and franchise

1 Location

2 Locations

3 or More

2) Have people expressed an interest in owning and operating an outlet of your business?

Yes

No

3) How Long Have You Operated Your Business?

Less than one year

One to Three Years

Four Years Plus

4) Do you currently run a profitable business model?

Yes

No

5) What is your average unit volume (AUV)? This is the average gross revenue of one location.

Under $100,000

$100,000 to $250,000

$251,000 to $500,000

$501,000 to $1,000,000

$1,000,000 plus

6) Do people ask if your business is a franchise?

Yes

No

7) Would you like to promote yourself to a Franchise Executive level so you can teach others how to be successful with your business model and let others run the front-line day-to-day operations?

Yes

No

8) Do you desire a “Golden Parachute” retirement option so you can build value and have a comfortable payout for later in life?

Yes

No

9) Have you considered opening more business locations due to your success?

Yes

No

10) Have you ever thought that you could make more money if you could duplicate your business?

Yes

No

11) Have you thought that you would love to finally get paid for your knowledge and expertise

Yes

No

12) Would you franchise your business if it was affordable and easy to implement?

Yes

No

13) What is the status of your operations and training manuals?

It is all in my head

Some written content but not organized

I have basic manuals

I have complete manuals and a learning management training system

14) What is your level of franchise experience?

I don’t have any franchise experience other than being a customer

I have done some research but have no real-world experience

I have operational experience in the franchise industry

I am a franchise Guru

15) What current infrastructure do you have in place?

I am the sole owner and operator

I have a business partner or partners

I have an experienced operational team that can serve in future franchise roles

I already have a franchise team in place

16) Tell us about your marketing and sales experience and skills

I am proficient in local marketing for my business but have no franchise marketing experience

I have some franchise marketing experience and can serve in a sales role

I have an experienced franchise marketing and sales director on my team

17) Do you have a budget available to fund your franchising project?

Yes

No