Wednesday, March 30, 2011

What's the Deal With Franchise Territories?

One of the factors of looking into a franchise is not just the popularity of the franchise itself, but how they go about assigning territories. Not all franchises can throw a Starbucks up on every corner of a town in NYC and expect to get a ton of business.

You probalby won't have much competition in a small town selling OxyElite Pro to the public, but in a bigger town you might.

Here is an article discussing how to look at this topic. Many, but not all, franchises grant an "exclusive territory" to their franchisees as part of the rights given under the franchise agreement contract.

Business Owners Say the Economy is Getting Worse

Yes, the economy seems to have been in a horrid state forever now. I can remember back in 2000 when the stock market went into a nosedive and we haven't even been back there since. It just doesn't look like it is getting any better now than it was then. Business owners are sayign it might even be getting worse.

How? Well first of all if you watch the news at all you know we are fighting in about a dozen wars worldwide so it isn't like the government is going to be having much to work with anytime soon. Probably feels like we are going to get a best colon cleanser every time they talk about taxes.

According to this article things are getting worse, not better.

Warning Sign That Your Workers Are Stressed

It's hard enough to keep your workers motivated. I mean it is a job after all and they don't typically have the same dreams, nor do they have the same consequences of failure as you have being the owner. Over-stressed workers are bad for morale, and could be bad for business.

Do you want to get rid of them all, or do you want to deal with it and move forward with help? Besides spying on them with high quality compact digital cameras you probably have to take some action and observe a little.

First and foremost you have to see the warning signs of problem employees. Then you figure out what to do about it. Here are 7 that should give you some help.