License To Thrive

Medical franchises are just the latest in a long line of franchise opportunities that recruit licensed professionals as franchisees.

Entrepreneur.com:

Doctors as franchisees? What will they think of next?

Actually, the idea of creating franchise opportunities that require licensed professionals in order to run isn’t new. This is a dynamic that has been going on for many years in other types of franchises. It is a very logical extension of franchising to create opportunities that require licensed medical professionals in order to operate (no pun intended) the business.

Franchising is based on the idea that a business opportunity can be created that functions under a common brand, with consistent operating methods and standards, and with a successful marketing program that will bring in the customers. There is no reason not to apply this model to the practice of medicine; at its most basic level, a medical practice is simply a sale of services. There are many franchises that successfully sell all sorts of services, so medical care shouldn’t necessarily be any different.

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