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Why Own a Vacation Rental Property Management Franchise?

What is a Franchise?

• A franchise is the agreement or license between two legally independent parties which gives:
• a person or group of people (franchisee) the right to market a product or service using the trademark or trade name of another business (franchisor)
• the franchisee the right to market a product or service using the operating methods of the franchisor
• the franchisee the obligation to pay the franchisor fees for these rights
• the franchisor the obligation to provide rights and support to franchisees

Advantages of Owning a Vacation Rental Property Management Franchise:

Owning a franchise allows you to go into business for yourself, but not by yourself.

A franchise provides you with a certain level of independence to operate your business.

A franchise provides an established product or service which already enjoys brand- name recognition. This gives the franchisee the benefits of customer awareness which would ordinarily take years to establish.

A franchise increases your chances of business success because you are associating with proven products and methods.

Franchises may offer consumers the attraction of a certain level of quality and consistency.

Franchises offer important pre-opening support:

• site selection
• design and construction
• financing assistance
• training
• grand-opening program

Franchises offer ongoing support

• training
• national and regional advertising
• operating procedures and operational assistance
• ongoing supervision and management support
• increased spending power and access to bulk purchasing (in some cases)