Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog

franchise territories Tagged Articles



Should You Franchise Your Business 20 Questions
There are a number of variables that a business must consider before embarking on a franchise development program. As a first step in determining the viability of franchising your business, you should consider the following questions.
Why doesnt the SBA include franchise territories in their loans and how am I supposed to finance the territory
This article will provide one very unique way to finance your franchise territory without carrying the liability of a loan!

Other franchise territories Related Articles

5 Questions to Ask the Franchisor before buying
Franchising has become one of the most important and effective business growth strategies in the past quarter century. Although franchise system development dates back centuries to the times when monarchs awarded territories to tax collectors, current franchise business systems date back decades to the Singer Sewing Machine strategy of granting rights to individual business people to sell Singer products in various regions.
Is franchising right for me?
Franchise business offers a more secure route into self employment than going it alone. Over 90% of UK franchise owners run profitable businesses according to the British Franchise Association/Nat West National Franchise survey. By following the proven franchise model the local franchise owner can build his own successful business in the UK. Nick Strong of Select Your Franchise and Richard Holden of Lloyds TSB give insights to prospective franchise owners.
ADVANTAGES TO AREA DEVELOPMENT OPPORTUNITIES
When considering buying a franchise, there are single unit franchises and area development territories. The articles explains the differences.
New Franchise Direct study finds opportunities brewing in the coffee franchise sector
Franchise Direct, one of the world’s leading franchise portals, recently conducted an in-depth study of the coffee franchise sector. After thoroughly examining 29 Franchise Disclosure Documents, Franchise Direct has found that the coffee franchise sector is weathering the recession resiliently, bolstered by a product that is an integral part of American life.

When Should a Franchisor Export Their Franchise?
At some point in time, franchisors will start receiving inquiries from international prospects. For new and smaller franchisors an interest in their franchise from other countries can be flattering. The thoughts of having franchisees in other countries can conjure visions of new found profits with a touch of prestige. Mature franchisors who have sold out a good portion of available territories in their home country see foreign markets as a great opportunity. However, whether a franchisor has 50 or 500 units the decision to take the franchise international is an important decision.

Franchise Fee Calculator: Determining The Right Franchise Fee For Your Business
Franchise Fee often is a very important part of any companies franchise growth strategies.While franchising your business you have to ensure that you get the franchise fee calculation right.I am putting forth a few ways by which you can help yourself in determining what must be the right franchise fee for your business...and most importantly, do not copy your competitors franchise fee.Your business system is unique and has its own strengths and weakness and will have to be evaluated independently.Also your goals, speed of franchise expansion and returns in the business through royalty and sales will have their own calculations.Hence the article below will help you evaluate the right franchise fee for your business.
The UPS Store Franchise Information
There are very few companies in the world that have acquired 6,000 territories in 75 different countries. One of such is none other than the UPS franchise; a known leader in the package delivery industry all around the world. UPS's reputation in the air delivery and freight services industry is highly attributed to its store franchise network.
Top 10 Franchises For Sale in 2009
Every year, Entrepreneur magazine names its top franchises for sale, gathered up into a list called the "Franchise 500." By referring to this list, prospective franchise owners can determine the top franchise for sale in any number of categories-the best fast-food franchise, the best auto service franchise, the best do-it-yourself picture framing franchise, and so on.

Starting Your Own Franchise
Even though you may be plenty excited to start your own franchise business there are a lot of things that need to be considered before you do! Franchise investments can be a great thing for many different types of business people and if you are the entrepreneurial type then a franchise may be the perfect solution to starting your own business. However, if you have tried to set up your own franchise in the past and actually failed then perhaps it isn't the company's fault but perhaps you should have done some fore-thinking about the franchise. But if this is your second time setting up a franchise, or even if it's your first, here are some very important considerations that you must think about before approaching a company about acquiring a franchise:
Sales Management --Unmask the Confusion of Territory Account Assignment
When I carried a bag, sales territories were defined geographically. Of course, that was in the old days. My daughter calls it the days of Black & White Television. In reality, color television came out when I was still only seven years old. But in the days when I was a field sales rep, the 70’s & 80’s, a sales person got a chunk of geography and you were told this is your patch of dirt. You go out and you farm the territory and you build the business. However, for the most part, if you are going to grow your territory it has to grow by taking market share from the competition. Territories today need to go from being geographically defined to being key account assignment defined. So, in other words, when you use the term, ‘territory’ today, you’re not referring to a patch of dirt.

Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Paint A Word Picture - Excite Your Customer

Making the Most of Your Trade Show Experience
Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.