Small Business Information
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Next Small Business Topic : Small Business Failures in America - Cash Flow Issues - We are noticing an increase in the length of time it takes Large corporations to pay on their invoices to our team. Fortune 500s are tending to pay their vendors more slowly, which will hurt the already strapped small businesses in America. These same small businesses employ 2/3 the population and do a great service in supplying the needs of corpor...[ read more]
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Excuses Franchisees Make; When They Violate Exclusive Territory Agreements
One of the biggest excuses franchisees of home based and serviced based franchises make when violating their exclusive franchise agreement with their franchisor and fellow franchisees is: My Family Works There. As a franchisor, I cannot believe how many times neighboring franchisees steal each others clientele or work outside their exclusive franchise area. This jeopardizes trust within the franchise system between franchisees and franchisors. Now granted in a mobile franchise business every once in awhile you will see another franchisee in an area other than their exclusive territory. They might be: Pulling off the freeway to get gas, Going to a doctor's appointment, Getting a hair cut, Buying things for the business, Just cruising around, Going out to dinner or simply visiting family or friends They should never be doing business services in another franchisee's exclusive territory unless they are: Working for that franchisee under contract or trade; Covering their service route, Have permission in advance or doing services for a family member for FREE. In some franchise systems occasionally you might find an regional director in an exclusive franchised area doing a promotion. They are: Doing PR work, Demonstrating your services, Selling accounts for the franchisee, Direct selling your services and increasing brand name, giving away free service to develop a future customer, Introducing a VIP in the area to our concept or Setting up a community promotional event. Franchise systems need to work together and should not cut into each others territory, nothing hurts the team work of a franchise company faster than stealing customers from your business partners, as that is they bread and butter they use to family. Think about it. "Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
Related Products For Download: Read Next : Small Business Failures in America - Cash Flow IssuesWe are noticing an increase in the length of time it takes Large corporations to pay on their invoices to our team. Fortune 500s are tending to pay their vendors more slowly, which will hurt the already strapped small businesses in America. These same small businesses employ 2/3 the population and do a great service in supplying the needs of corpor...
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