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Cloning Around

You've read about the companies in our Franchise 500. Now find out how to join them by franchising your own business.

This story appears in the January 2004 issue of Entrepreneur. Subscribe »

You've started a successful business, and people want to pay you to clone your success. Now what?

One piece of common-sense advice I review with clients considering franchising is: Franchising is a unique business method that requires its own knowledge base and its own set of skills. If you are in, say, the hotel or auto-repair business now, when you launch into franchising, you'll be in that business and in the franchising business, too. A successful franchise needs:

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