The feasibility of a measurement of the electric and magnetic nucleon
form factors at $B$-meson factories through the radiative return is
studied. Angular distributions allow a separation of the contributions
from the two form factors. The distributions are presented for the
laboratory and the hadronic rest frame, and the advantages of different
coordinate systems are investigated. It is demonstrated that $Q^2$ values
up to 8 or even 9 GeV$^2$ are within reach. The Monte Carlo event
generator PHOKHARA is extended to nucleon final states, and results
are presented which include Next-to-Leading Order radiative corrections
from initial-state radiation. The impact of angular cuts on rates and
distributions is investigated and the relative importance of radiative
corrections is analysed.