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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.

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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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