Here’s a fail safe no one’s telling you about. Listen! 👂
Most franchises include an area of influence when you sign the contract. What this means is, with similar brands of the same franchise, the franchisor ensures that no two franchisees compete on the same battlefield, not when it could result in brand cannibalism. 😨
That area exclusive to your branch is an asset in and of itself. If, by any chance, a franchisee decides to call it quits, you can always sell your franchise to other prospects and the quality of your territory may add a lot more value to your specific franchise.
How’s that for an exit strategy? Not only do you have a high chance of success, but you also get a good deal of value if ever it’s time to move on to another thing!
Watch and learn more when you drop by our channel here: [ Ссылка ]
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