How to Expand Your Business Though Franchising 2014 | Page 30

DO YOU WANT TO FRANCHISE YOUR BUSINESS? Answer These Questions 1. Does your business possess a trademark registered with the United States Patent and Trademark Office? Yes No 2. Has your business been in operation for more than one year? Yes No 3. Is your business profitable, i.e., produces positive cash flow after paying all expenses? Yes No 4. Can the business be profitable for franchisees - even if, for example, they pay a royalty of 6% of gross sales to you?