Franchise Readiness Assessment

Franchise Readiness Assessment
Take this quick quiz to find out if your business is ready to expand through franchising! Answer each question honestly. At the end you will receive your score and feedback.
Section 1: Business Stability & Brand Strength
Question 1: Has your business been operating successfully for at least two years?

YesNoNot Sure
Question 2: Is your brand well-recognized and respected in your market?

YesNoNot Sure
Question 3: Do you have a proven track record of profitability?

YesNoNot Sure
Question 4: Do customers frequently return and recommend your business?

YesNoNot Sure
Question 5: Have you received inquiries from people interested in opening their own version of your business?

YesNoNot Sure
Section 1: Result

Section 2: Scalability & Systems
Question 6: Can your business model be easily replicated in different locations?

YesNoNot Sure
Question 7: Do you have well-documented standard operating procedures (SOPs)?

YesNoNot Sure
Question 8: Is your product/service consistent and not overly dependent on your personal expertise?

YesNoNot Sure
Question 9: Do you have a system for training new employees efficiently?

YesNoNot Sure
Question 10: Can your supply chain and operations support multiple locations?

YesNoNot Sure
Section 2: Result

Section 3: Financial Readiness
Question 11: Do you have enough capital to cover the initial legal and operational costs of franchising?

YesNoNot Sure
Question 12: Can your business generate a healthy profit margin for both you and future franchisees?

YesNoNot Sure
Question 13: Have you worked with accountants or advisors to assess franchise financial viability?

YesNoNot Sure
Question 14: Can you offer potential franchisees a compelling return on investment (ROI)?

YesNoNot Sure
Question 15: Are you prepared to charge and justify franchise fees and royalties?

YesNoNot Sure
Section 3: Result

Section 4: Leadership & Commitment
Question 16: Are you comfortable with the idea of sharing control of your brand with franchisees?

YesNoNot Sure
Question 17: Do you have the time and resources to support franchisees effectively?

YesNoNot Sure
Question 18: Are you willing to invest in ongoing training and marketing for your franchise network?

YesNoNot Sure
Question 19: Do you have or plan to build a team to manage franchise operations?

YesNoNot Sure
Question 20: Are you committed to long-term growth and maintaining brand consistency?

YesNoNot Sure
Section 4: Result
Total Point
Full Name:
Email:*
example@example.com
Business Name:
Web address:
Should be Empty: