Published in the Franchising Magazine Mar/Apr 2013 Issue
Getting the territory right for service franchises is essential. So where should you go, and how do you know your territory is sufficient to support a business?
If you're investigating whether or not to invest in a business in the growing services sector it is inevitable that you will have questions about franchise territories.
A service franchise can focus on house maintenance, cleaning, ironing, oven cleaning, even providing a care service. Or if you like the outdoors - working in the sun, rain and wind - maybe one of these is for you: pool cleaning, dog walking and washing, building and renovating, antenna installation, roofing, paving, gardening and landscaping.
Peter Buckingham is the Managing Director of Spectrum Analysis Australia. He is a certified Management Consultant, and a Fellow of the FCA and IMC.