📺 Stream EntrepreneurTV for Free 📺

How Do Franchise Territories Work?

By Jeff Elgin

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Jeff Elgin has almost 20 years of experience franchising, both as a franchisee and a senior franchise company executive. He's currently the CEO of FranChoice Inc., a company that provides free consulting to consumers looking for a franchise that best meets their needs.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Living

Younger Americans Don't Necessarily Want to Retire in Florida — and the 2 Affordable States at the Top of Their List Might Surprise You

Gen Z and millennials may be decades away from retirement, but some spots are already on their radar.

Business Solutions

Remove Ads and Protect Your Privacy When Browsing Online for Work and at Home

Get a lifetime AdGuard Family Plan for $25 — the best price online.

Health & Wellness

You Won't Be a Successful Entrepreneur Until You Adopt These 3 Habits

Being an entrepreneur is a marathon, not a sprint!

Business News

Here's What Millions of Small Businesses Have in Common, According to a New Survey

A majority of the businesses surveyed, almost three in five, have been running for at least six years, and 15% were operational for over a quarter of a century.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Science & Technology

More Companies Are Rushing to Hire A Chief AI Officer — But Do You Need One? Here's What You Need to Know.

Companies are appointing executives to oversee AI. A better approach: infuse the technology throughout the organization.