Q. What are some fees associated with starting a lodging franchise?
Opening any type of business venture is going to require initial up front costs such as deposits, lawyers fees, location, equipment and the list can grow very long. Take the Econo Lodge hotel brand as an example. Econo Lodge is very well known and offers clean, comfortable and affordable lodging to value-conscious travelers. Econo Lodge is one of Choice Hotels ten brands worldwide. Econo Lodge has a long, solid history in hospitality and franchise development. As a franchisee you will have an exceptional set of resources, operational tools, basic employee training, management systems and marketing programs to help you create and maintain the best hotel suited for your unique needs and reach your goals. Your property is listed in millions of copies of Choice directories that are distributed to travelers globally. Some of the franchise fees to start one would be an initial cash investment of 20-30% of the total project costs of $2M-$10M. The actual franchise fee will be approximately $25K-$50K, a royalty fee of 3.5%-5.25%, marketing around 1.25%-3.5%,reservation system 1.25%-1.75% and other various operational costs. Many franchisees who have considered owning an Econo Lodge but are value-conscious when it comes to investing in a business have preferred pursuing a simple internet services franchise called WSI.
- Elizabeth Miranda
Are you tired of working for someone else? Showing up for that thankless job? Are you ready to improve your financial future and improve your standard of living? Do you have a desire for freedom and independence? Are your looking for a chance to own your own business? Why not consider becoming a professional consultant? WSI franchises have a lot to offer, starting with a proven track record.
For 7 years straight beginning in 2002, Entrepreneur Magazine has ranked WSI #1 in the Internet and Technology category. They have also rated #36 by Top Global Franchise, placing WSI ahead of companies like Ben and Jerry’s, Hilton Hotels, and Gold’s Gym and is still climbing.
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But then again they’ve been perfecting this system for 12 years so they know what it takes to build a successful, profitable business. With more than 1500 successful franchise owners in 87 countries, WSI enjoys the reputation of being one of the worlds most profitable franchising opportunities, and right now they are looking for individuals with a desire to succeed, and a motivation to build a long-term, successful business. If that sounds like you apply today!
No matter where your background lies – you could be a laborer, computer technician, doctor, nurse, waitress, or come from any walk of life you can own a WSI franchise. You can become a successful entrepreneur with no previous technical experience because complete training is provided, as well as ongoing support WSI has a proven system to build a long-term business with long-term success, providing you with all the tools you will need to create ongoing revenue streams that are repetitive in nature.
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As a WSI franchisee, your objective is straightforward and efficient, and you will offer your clients innovative technology at prices that are reasonable all the while building a repetitive income stream from your clients for yourself.
With WSI’s reputable, patent pending Business Systems, your purpose is to consult and analyze the needs of business small to medium in size within your community, and then supplying those same businesses with winning Internet Solutions that will result in reduced costs and increased profits.
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A WSI franchise is an opportunity available to both men and women of all ages, and from all backgrounds. No previous technical experience is necessary to become a highly successful an independent consultant with your own WSI franchise.
Your client’s internet solution is individually built one of the many WSI's Global Production Centres, located in low cost, high tech areas, which allows WSI to deliver to your clients a technologically advanced internet solution that is results orientated and economically priced.
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The WSI formula is simpleA Successful Franchise Opportunity = Successful franchisees + Successful Clients
When you become WSI franchisee, you will learn about the patent pending Lifecycle System 3.0 a unique powerful business model designed to guarantee you a high volume, fast profit, repeat business pattern.
Why not learn more about the Lifecycle System and what a WSI franchise can offer you. Complete the Information Request form or call WSI today. Life is short; why not start living your dreams now, and building for a better tomorrow?
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