A Safe Space for your “Safe Space”.
Your Franchise Territory is Protected
Have you ever stood in line at Starbucks, and looking out the window across the way, you see…another Starbucks?! This is not exactly good for business, as even Starbucks CEO Howard Shultz writes “as often happens, the new store cannibalizes sales from the other store…”.
At Thriveworks You Are Territory Protected
When you’re awarded a Thriveworks franchise, your trade area is protected. This means that no other Thriveworks practice can operate within your designated trading area (or even advertise in your area).
This is good for business, and it’s good for our community.
Since Thriveworks Franchises are never in competition with one another, franchisees work together in a vibrant community that shares expereiences and offers encouragement.
Having Neighbors Is Good
While you territory is protected, having other Thriveworks neighbors outside your zone can be a great asset!
There are many reasons for this, but two of the big ones are:
- Brand Awareness
- Referrals
As more practices open, the faster word spreads about the high quality of Thriveworks care,and the more potential clients specifically seek out Thriveworks brand of counseling and life coaching.
When Thriveworks practices are neighbors, there is a great opportunity for cross-referrals. In fact, Thriveworks locations are already referring.
How Large Is My Territory?
The short answer: Large enough so that you’re never in competition with your Thriveworks neighbors. Specifically, the exact dimensions of your protected territory depend on a few factors, including the population density of your area. Contact us today to learn more!
