Who can join the KASPAR Practice Management franchise system?
We are primarily seeking entrepreneurial-minded physicians (i.e., internists, neurologists, etc.) who are currently in private practice and looking to improve their clinic operations. We also have program options for start-up clinics to be operated by doctors or – based on individual state requirements – savvy business entrepreneurs who would employ medical professionals. We seek franchise owner-operators who ideally will be involved in the day-to-day clinic business, unless approved for absentee ownership.
What is provided as part of the KASPAR Practice Management franchise system?
KASPAR Practice Management will provide a pre-opening training program for the franchise owner and/or the lead physician, lasting up to five days; and comprehensive training for the practice manager for up to 30 days. A franchisor representative will spend up to three days at your location during the initial 30-day period of operation. (Start-up operations will receive a second visit of up to three days within 30 days of the first visit.) We will also present you with a copy of our confidential operations manual to help you manage efficient practice operations.
How much will the KASPAR Practice Management franchise cost me?
Are there ongoing fees paid to the franchisor?
Franchisees will pay a fixed monthly royalty fee. These fees allow us to fund our ongoing support services and the continued development of operational procedures, product lines, marketing tools, training programs, and systems upgrades.
Are there any advertising fees?
Franchisees are required to spend a minimum of 1% of revenues on local marketing in their territories. Franchisees will also contribute up to 1% of net revenues into the brand development fund. Collected funds will be used to develop marketing strategies to promote local practice operations, and help fund the creative costs to develop local franchise marketing materials and campaigns.
Is financing available?
Financing options available.
What is the term of the franchise agreement?
The initial term of your franchise agreement is five years, with four additional successor agreement options of five years each.
How do I get started?
If you’re interested in learning more about a KASPAR Practice Management franchise for physicians, click here to request more information. Or you can contact us at 219-200-2888 or firstname.lastname@example.org to discuss the possibility of setting up a meeting, speaking with our key franchise management staff, and receiving our franchise legal documents which contain all the important details you’ll need to make an informed decision.