1. How much would it cost to open one of your locations? Lower than AED 500,000 AED 500,000 to AED 1 Million AED 1 Million to AED 1.5 Million AED 1.5 Million and above None 2. What is your return on investment (%)? 0 – 10 10 – 30 30 above None 3. How profitable is your business? No profit Somewhat profitable Very profitable None 4. How do your business sales compare to those of other businesses in your industry? Lower than most About the Same Higher than most None 5. To what degree is your business distinctive from its competitors? Not very Somewhat Very Unique None 6. Who are your main target customers? All Income level Low Income to Middle Income Middle Income to High Income High Income Only None 7. Do you have an operating prototype? Yes No None 8. How systematized is your business operations (SOPs)? Not systematized Some basic policies and/or handbook Well documented Computerized None 9. How long would it take you to teach someone how to operate your business? Special Certification Over three months One to three months Less than one month None 10. Do you have an effective POS (point of sale) and Accounting system? No Basic Advanced None 11. Do you have a personnel policy in place? No Yes None 12. Do you have branding guidelines? Not yet Some branding materials Standard brand manual None 13. The market for your business is? Local Regional International None 14. The competition for your products/ services is? Zero Low Moderate High None 15. Where do you stand in terms of media presence/ brand recognition? None Some print and/or social media Strong online presence Both online and offline None 16. Is your corporate website active? Yes No None 17. Have you received proposals to franchise your business over the past years? No, not yet A few requests Many potential investors None 18. Have you received any awards/recognition? Yes, quite a few No, not so far None 19. How long has your business been in operation? Less than six months One year or more More than three years None 20. How many locations do you have? Single Unit Two or more More than three years None 21. Do you have a marketing team? Yes, In-house Yes, Outsourced No None 22. Have you registered a domain name for your business? Yes No None 23. Have you registered your business trademarks? Yes, Global Yes, Local No None 24. Who runs your daily operations? Myself I have a Manager Management team None 25. Are you ready for a lifelong responsibility to grow, nurture, support, guide, and be involved? Yes, can’t wait I'm ready, but need to think it over No, I am not sure None Complete the form below to view your result! Name Company Email Phone Time's up Next Post Fran Quiz
