The reason we Franchisors call it an exclusive territory is because we will not sell that area again to another franchisee. That is your area to market and to conquer and to generally obtain as much market penetration as possible. If you are a home-based business or mobile franchise then this is a serious issue. You can put as many service units in your area can support and try to make the most reasonable profit you can per each service unit you put into your exclusive territory. Most franchisors charge a percentage of the gross income and probably make a little off every service unit you buy, so they want you to expand.
It is your area to develop. It is your business and your area and no one else is allowed in it. Part of your franchise fee is for your exclusive area. In other words, it is for your right to work and develop a business using your Franchisor's name and Franchisor's methods in that exclusive territory so that you can make money. The potential growth and profit available in your area is limited only by your own vision.
We, franchisors have designed a business and a system that works very well and you have the rights within that territory to market that business and make money. It is a win/win situation and as long as the regulators do not get or put a stick up their butts it works fine. Or an attorney comes along and tries to get in between the franchise relationship to file a lawsuit for their own personal gains.
Think on this.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
Lincoln Stretch rentals Alsip ..Here is an interesting case study of a company, which... Read More
Owning a business is a challenging endeavor. If you're like... Read More
Many of our nations 400,000 franchisees run their businesses out... Read More
Franchising is the fastest way to build small businesses, provide... Read More
Last week we discussed the importance of performing an autopsy... Read More
As a franchisor I am always asked by new and... Read More
Are the promoters and consultants destroying the market for Reverse... Read More
One of the simplest ways to expand your marketing efforts... Read More
Articles abound advising the business community how to properly screen... Read More
What's your job profitability? I meet with business owners every... Read More
I frequently give presentations at small business gatherings, providing me... Read More
If you're looking for start-up capital for your business, but... Read More
Today required franchise disclosure documents are over 200 pages generally.... Read More
Is it right for you?If you decide to advertise your... Read More
Many government department heads are on the take. Oh they'll... Read More
Your grandfather probably told you to "learn something new everyday".... Read More
Many auto detailers fall short in their sales presentations. I... Read More
You've heard marketing and advertising gurus quip, "Sell the sizzle,... Read More
Many times small businesses want to expand their businesses and... Read More
If you really want to earn more money with your... Read More
As small business managers, we juggle limited resources in a... Read More
There is significant competition in auto detailing and car washing.... Read More
There's no question that hard work and a little luck... Read More
How many hours do you work a week? When was... Read More
When a regulator finds a target to go after to... Read More
Western Springs shuttle limo ..Here is an interesting case study of a company, which... Read More
How do you sponsor an event and get personal introductions... Read More
In my 18 years of consulting I have heard it... Read More
What is a guru?A guru is a teacher. A mentor.... Read More
There are both fixed and mobile detailers. Consumers often will... Read More
What is a Virtual Assistant?A Virtual Assistant is a person... Read More
The goals of businesses have undergone much evolution from the... Read More
More sales and more profit. Isn't that what you want... Read More
It's just like a marriageTo expect a bank manager or... Read More
As a company grows, the owner's role begins to change.... Read More
Early in my career, I wrote an article for a... Read More
Why should you always maintain a good report with a... Read More
Macon, GA goes after garage-gas station conversion detail/hand car washes... Read More
Attorneys and Lawyers are ruining the franchise industry. It is... Read More
All legitimate home business entrepreneurs insist and announce loud and... Read More
Franchising Directory Sites-Paid Advertising, Lead Generation for FranchisingFranchising Directory Sites... Read More
The FTC- Mighty Federal Trade Commission has unilaterally decided to... Read More
Here are some important points to take note of if... Read More
The choice to incorporate a small business in Florida has... Read More
Sexual Harassment is a disturbing part of employment life in... Read More
The Workers' Compensation situation in this country is unbelievable. Why,... Read More
The start of a new year is a time for... Read More
Back when I owned an inventory-based business, one of my... Read More
THE PSYCHOLOGY OF PRICINGIn case you hadn't noticed, people can... Read More
Do you operate your business as a series of projects,... Read More
Small Business |