Finding the Right Franchise for Your Development Property
As any land developer knows, investing in a franchise for your property is a massive decision that has huge financial implications. Hotel franchises are rampant in today’s market and choosing the right one can be a complicated and frustrating process.
As with any major decision, it is imperative to approach the situation armed with the research and structure needed to inform your choices. Due diligence is critical in ensuring the financial success of any investment property which is why we created this FREE checklist of expertly-curated questions to ask yourself and your potential franchisee before making a selection.
This checklist will explore the key considerations for choosing a hotel franchise for your development property including:
- Does your franchise have Canadian representation?
- Due diligence surrounding the franchise’s track record
- Marketplace viability
- Financing and types of project builds