A franchise territory refers to the area where a franchisee is authorized to operate a franchised business. The franchise agreement dictates the size and scope of the franchise territory; the levels of protection offered to the franchisee may vary. When selling a franchise, there are many factors
How Does Franchise Territory Mapping Work?
Franchise territory mapping provides growing businesses with a competitive advantage. Expanding a company through franchising is a popular and successful business model that can have great results when done properly. Creating franchise territories can help ensure that all franchisees have their
What Is Franchise Territory Mapping?
Currently, there are more than 773,603 franchise establishments in the United States, according to the Statista Research Department. Organizations often seek to expand their operations in other cities, counties or even states. However, determining where to set up new businesses and manage existing