{"id":13772,"date":"2014-10-30T16:16:11","date_gmt":"2014-10-30T16:16:11","guid":{"rendered":"https:\/\/www.thefranchiseking.com\/?p=13772"},"modified":"2023-06-18T14:18:23","modified_gmt":"2023-06-18T18:18:23","slug":"franchise-opportunities-how-important-territory-in-the-scheme-things","status":"publish","type":"post","link":"https:\/\/www.thefranchiseking.com\/franchise-opportunities-how-important-territory-in-the-scheme-things","title":{"rendered":"Franchise Opportunities: How Important Is Territory In The Scheme Of Things?"},"content":{"rendered":"<p><a href=\"https:\/\/www.thefranchiseking.com\/do-this-before-you-sign-a-franchise-agreement\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-13774\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/territory-map-620x409.jpg\" alt=\"franchise opportunities territory\" width=\"620\" height=\"409\"\/><\/a><\/p>\n<p>You&#8217;ve found a great (<em>hopefully<\/em>) franchise opportunity.<\/p>\n<p>You&#8217;ve talked to at least a dozen current franchisees.<\/p>\n<p>You\u2019re starting to get excited about \u201c<em>the possibilities<\/em>.\u201d<\/p>\n<p>You haven\u2019t been <strong><a title=\"don't get derailed when looking at franchise opportunities\" href=\"https:\/\/www.thefranchiseking.com\/franchise-business-tip-dont-get-derailed\">derailed<\/a> <\/strong>by friends and family.<\/p>\n<p>You&#8217;ve discussed some potential <strong>territories<\/strong> with your franchise sales rep.<\/p>\n<p>And, by doing that, you\u2019re starting to realize <strong>how important territory is in the scheme of things<\/strong>.<\/p>\n<p>Now, about that \u201c<em>territory<\/em>\u2026\u201d<\/p>\n<p>&nbsp;<\/p>\n<h2>How Does The Franchisor Look At Territory?<\/h2>\n<p>Territory is super-important.<\/p>\n<p>Not only is your potential franchise territory important when it comes to things like, size, geography, and demographics, it\u2019s important in one other way. Here it is:<\/p>\n<p><strong>Is Your Territory <em>Yours<\/em>?<\/strong><br \/>\n&nbsp;<br \/>\n<a title=\"locations\" href=\"https:\/\/www.idealspot.com\/?r=fk\/\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Go Here For A Tool That Will Help You Choose A Great Franchise Location <\/strong><\/a><br \/>\n&nbsp;<br \/>\n<strong>&nbsp;<\/strong><\/p>\n<h2>Franchise Opportunities: How Important Is Territory In The Scheme Of Things?<\/h2>\n<p>So, is your franchise territory yours?<\/p>\n<p>In other words, is it <em>only<\/em> &nbsp;yours?<\/p>\n<p>Or<\/p>\n<p>Is it <em>not<\/em> &nbsp;only yours?<\/p>\n<p>In other words, is it <em>exclusive<\/em>,  or can neighboring franchisees market and sell there?<\/p>\n<p>This is something you may want to find out before you get too far down the franchise highway you\u2019re cruising on.<br \/>\n&nbsp;<br \/>\n<a href=\"https:\/\/www.thefranchiseking.com\/digital-franchise-ownership-products\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-13773\" src=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/cruising-down-the-franchise-road.jpg\" alt=\"franchise highway\" width=\"391\" height=\"695\" srcset=\"https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/cruising-down-the-franchise-road.jpg 360w, https:\/\/www.thefranchiseking.com\/wp-content\/uploads\/cruising-down-the-franchise-road-169x300.jpg 169w\" sizes=\"auto, (max-width: 391px) 100vw, 391px\" \/><\/a><br \/>\n&nbsp;<br \/>\n<strong><a title=\"exclusive franchise territories\" href=\"https:\/\/www.thefranchiseking.com\/how-to-change-the-franchise-world-commit-to-an-exclusive-sales-territory-model\">You really need to read this article about exclusive franchise territories<\/a><\/strong>.<\/p>\n<p>Did that article open your eyes up a bit? Are you thinking about calling your franchise sales rep to \u201c<em>double-check<\/em>\u201d on a few things? Good. That means I&#8217;ve succeeded in my goal of making sure you haven\u2019t left any stones unturned.<\/p>\n<p>&nbsp;<\/p>\n<h2>Other Franchise Territory Questions<\/h2>\n<p>One of the writers at <b>Franchise Direct<\/b> just wrote an article on the topic of territory exclusivity in franchising.<\/p>\n<p>The article is a good one because reading it encourages you to ask your franchise sales rep more questions about their territory model. The article also comes with an added bonus.<\/p>\n<p>Holly Brochard\u2019s article on franchise territories includes some questions (<em>4 of them<\/em>) you need to ask <em>yourself<\/em> &nbsp;with regards to territory. <strong><a title=\"franchise direct article about franchise territories\" href=\"https:\/\/www.franchisedirect.com\/blog\/exclusiveterritoryoraccountprotections4questionstoconsiderasyouresearchyourfranchise\/?r=4577\">Read Holly\u2019s article on Franchise Direct<\/a><\/strong> to find out if you&#8217;ve thought things through enough regarding your potential territory.<\/p>\n<p><strong>Know this:<\/strong> Once you sign your franchise agreement-which will include your defined territory and any restrictions on it, you own it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You&rsquo;ve found a great (hopefully) franchise opportunity. You&rsquo;ve talked to at least a dozen current franchisees. You&rsquo;re starting to get excited about &ldquo;the possibilities.&rdquo; You haven&rsquo;t been derailed by friends and family. You&rsquo;ve discussed some potential territories with your franchise sales rep. And, by doing that, you&rsquo;re starting to realize how important territory is in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[255,33,32],"tags":[259,924],"class_list":["post-13772","post","type-post","status-publish","format-standard","hentry","category-franchise-direct","category-franchise-research","category-franchise-purchasing","tag-franchise-territories","tag-protected-franchise-territories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Important Is Territory In Franchising?<\/title>\n<meta name=\"description\" content=\"Read this about How important is territory? 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Finally, he's been in franchising close to 25 years.","email":"joel@thefranchiseking.com","telephone":"2168312610","legalName":"Franchise Selection Specialists Inc.","foundingDate":"2002-01-20","taxID":"20-1184045","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"1","maxValue":"10"}},{"@type":"Person","@id":"https:\/\/www.thefranchiseking.com\/#\/schema\/person\/b560fd324f6df9be52ac875e631beb66","name":"Joel Libava","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/0c74981307dba3f4970cdf8359a1b2fc6ffe7721a2e3d1001acd9ac59db6ed61?s=96&d=mm&r=pg","url":"https:\/\/secure.gravatar.com\/avatar\/0c74981307dba3f4970cdf8359a1b2fc6ffe7721a2e3d1001acd9ac59db6ed61?s=96&d=mm&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0c74981307dba3f4970cdf8359a1b2fc6ffe7721a2e3d1001acd9ac59db6ed61?s=96&d=mm&r=pg","caption":"Joel Libava"},"description":"I\u2019m The Franchise King\u00ae, Joel Libava. 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Subscribe to my free VIP Franchise Newsletter.","sameAs":["https:\/\/www.thefranchiseking.com","https:\/\/www.instagram.com\/thefranchchiseking1","https:\/\/linkedin.com\/in\/joellibava","https:\/\/in.pinterest.com\/franchiseking\/","https:\/\/www.youtube.com\/JoelLibava"],"knowsAbout":["Franchising"]}]}},"_links":{"self":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts\/13772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/comments?post=13772"}],"version-history":[{"count":1,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts\/13772\/revisions"}],"predecessor-version":[{"id":44245,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/posts\/13772\/revisions\/44245"}],"wp:attachment":[{"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/media?parent=13772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/categories?post=13772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thefranchiseking.com\/wp-json\/wp\/v2\/tags?post=13772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}