American Institute of Small Business
American Institute of Small Business
7515 Wayzata Blvd., # 129
Minneapolis, MN 55426
800#: (800) 328-2906
Tel: (952) 545-7001
Fax: (952) 545-7020
E-Mail: [email protected]
Web Site: www.worldfranchising.com/website.htm
Contact: Ms. Kris Solie-Johnson, President
THE AMERICAN INSTITUTE OF SMALL BUSINESS provides educational materials, including books, on small business and entrepreneurship. It also provides a seminar for training people on how to set up and operate their own small business. THE INSTITUTE also supplies business software sold by franchisees.
Franchisor Background
Established: 1985
First Franchise: 1988
Franchise Units: 8
Company-Owned Units: 1
Total Units: 9
Distribution:
U.S. -- 4;
Canada -- 0;
International -- 2
�North America -- Operations in 7 States
�States/Provinces with Greatest Density: 1 in MN, 1 in CO, 1 in IL
Projected New Units Over Next 12 months: NR
Franchisee Qualifications: 3, 4, 3, 2, 1, 1
(Click here for an explanation)
Registered in Following Registration States: MN
Average Number of Employees: 1 PT (FT = Full Time, PT = Part Time)
Space Needs: 600 SF; NR
(Click here for abbreviations)
Encourage Conversion: N/A
Financial Requirements
Cash Investment: $5K
Total Investment: $10K
Average Total Investment: $10.0K
Minimum Net Worth: $NR
Fees:
�Franchise: $5K
�Average Franchise Fee: $5.0K
�Royalty: 0%
�Average Royalty: .0%
�Advertising: 0%
Provide Earning Claim Statement: NR
Terms of Contract
Term of Contract (Years): 2/Varies
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: N/A
Financial Assistance: Yes
Cooperative Advertising: N/A
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: NR
Size Of Corporate Staff: 5
On-Going Support: B,D,E,h,I (Click here for an explanation)
Training: 1 Day Headquarters.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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