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unchartered territory Tagged Articles
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Lesson #1: “If you get knocked down, get back up again”
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| “I have a number of famous quotes, and one of them is, if you get knocked down, get back up again,” says Hawkins. “I don’t really feel like I want to let anything ultimately defeat me.” |
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Other unchartered territory Related Articles
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Master Franchisee vs. Franchisee?
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| Q: What is a Master Franchise or Area Representative?
A: The BEST kept secret in business today….
Imagine sharing in the royalty income generated by all of the Subway Sandwiches’ or Domino’s Pizza’s operating within your city. A Master Franchisor shares in the income generated from the units operating within his/her territory.
A Master Franchisor (also referred to as a sub-franchisor) is someone in the unique position of owning the rights to sell business franchises in a given area. This territory can be a major metropolitan area, an entire city or in some cases the whole State. The Master franchisor rarely works in the day-to-day operations of the unit; rather your job is primarily a business consultant to the franchisees.
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Why doesnt the SBA include franchise territories in their loans and how am I supposed to finance the territory
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| This article will provide one very unique way to finance your franchise territory without carrying the liability of a loan! |
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Leading in Uncertain Times
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| What happened?! Almost overnight we have moved from a growing economy to uncertainty in direction and solutions. We can evaluate the what, why and how but it leaves us needing to lead and navigate in unchartered waters. There are five key steps that leaders need to take to move through this challenging time. |
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The Wild, Wild West Of The Business World
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| There are companies out there deliberately using “black hat” techniques. You need a good guy “white hat” on your side who is willing to fight for page one, who understands why it is important, and why the territory is always being sought after. |
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Targeting – The Most Critical Tool for Growth during Tough Economic Times
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| Targeting is the process of selecting high potential customer accounts to receive intense sales focus. Goal setting translates that high potential into achievable numeric objectives, i.e. revenue and margin growth. Each Territory Manager should select a predetermined number of Target Growth Accounts (TGAs). Creating focus on this group of selected accounts doesn't mean a Territory Manager should ignore other accounts; he/she is always expected to service their entire territory. When making decisions regarding their time, however, they should always consider these selected Target Growth Accounts a priority. |
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The Changing Role of Leadership
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| The road ahead is unchartered and most people will be faced with tremendous change and an increasing feeling of losing control. Many will have to learn a new approach to dealing with life in the knowledge age. To a very large degree leaders will have to play strong new roles as coaches, mediators, mentors and team builders. |
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Managing the Sales Territory Effectively
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| Different methods of effectively going through and seeing where changes are necessary with regards to territory management as well as noticing what has been successful. |
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Seven Sales Facts to Ponder
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| From a management perspective, the goal of any sales initiative should be to improve the quantity and quality of the sales efforts of your salespeople. Its primary purpose is to provide focus-process and discipline that will enhance territory performance. This enhancement will lead to an increase in the sales, profitability and market share for each individual territory. |
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Pursuit of Leadership Happiness
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| As we grow we have a right to pursue education and for many that is where happiness lies, for others it is being an entrepreneur, taking risks and going into uncharted territory.
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Sales Management --Unmask the Confusion of Territory Account Assignment
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| 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. |
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