When we launched our franchise system at Nurse Next Door in 2007, we were referred to Norm Friend of Franchise 101 Inc. to help us build the initial platform on which to launch our system. It was important to us to find someone who was compatible with our philosophies, and would provide us with a [...]

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Buying a franchise can be a good option, especially for someone going into business for the first time. There are essentially two ways of acquiring a franchise: you can acquire a new franchise or purchase an established franchise unit from the current franchisee (a resale). In fact, franchisors have existing units for sale from [...]

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While it is impossible to determine the franchisability of a business concept without a significant amount of analysis, there are a series of 12 predictive criteria that assess the readiness of a company for franchising and the likelihood that it will achieve success as a franchisor.

Credibility – To sell franchises, a company must first be [...]

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