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A bit of franchising history - the story of Holiday Inn Like all great franchise brands, Holiday Inn began its story with the vsion of one man. A family man who liked to travel across America but became frustarted by the lack of quality acoomodation, especially for families, during long road journeys. In 1952 Kemmons Wilson had an idea to build a hotel, a good quality hotel with spacious rooms and 2 double beds per room (later known as 'Double, Doubles'). Built in his hometown of Memphis, the hotel proved a success and by 1958 there were 50 locations across the US many operated under a franchise agreement. Franchising in the hotel sector had begun - operations manuals, strict standards to maintain,regular inspections by head office, training and certification of franchisees and their hotel managers (known as Innkeepers). 10 years later, by 1968, there were over 1000 Holiday Inn properties across North America. During this rapid growth it became clear that controlling room reservations across multiple properties, many belonging to franchisees, required a centralised system. The worlds first hotel room reservation system was born - Holidex. With the Holiday Inn brand now firmly established, sights were set on the international market. Franchise partners were easy to find. Very often, they were hotel companies looking to tap into the expertise and success of a proven concept. The 1970s saw rapid expansion around the globe which included the biggest Holiday Inn franchisee in the world emerging in South Africa. One of the Holiday Inns built in South Africa even had the public road it was constructed on named 'Kemmons Wilson Drive'. The mid 1980s saw the purchase of the brand by UK brewing giant Bass and along with that came the development of new brands - Cowne Plaza, Holiday In Express, Holiday Inn Garden Court. The purchase of the Intercontinental Hotels group (many of them franchised) and the addition of several other brands followed. Ultimately the company became known as IHG, with over 6000 properties operating under one of its brand names! Holiday Inn/Bass/IHG had become one of the very first franchise 'brand platforms' offering multiple options to franchisees to suit all markets and investment opportunities. 20 years later we see across the franchising sector, platforms emerging across the entire space. Fascinating progress of a fascinating business model. Thank you, Kemmons Wilson, for leading the way. #franchise #franchising #franchisebusinessmodel #globalcareers

In recent years, umbrella companies have made headlines with major acquisitions of franchise brands across various sectors. Check out our list of franchising's top umbrella companies! #franchising #franchisefamily

The next Franchise Council of Australia WA breakfast is just around the corner! During this interactive event we will be diving into the effects of inflation, rising prices, labor shortages, supply disruptions and other factors that have been on everyone's mind due to 12 months of consecutive interest rate rises. Regardless of whether you are a franchise owner, partner, or supplier supporting franchises, there will be valuable takeaways and practical actionable outcomes to leave with. This is a great opportunity to also meet and hear from the Franchise Council of Australia’s newly appointed CEO, Matthew Monaghan GAICD FGIA FIML on the direction of the association. Join the WA Committee, Graham Downs CA, Rajiv Rajan, Steve Seddon, Tamra Seaton, Nathan Hornby, Clayton Treloar, CFE, Nick Maddox, along with a experts Janiene Pollock, Chris Milne, Mike Stringer and Frederick Marcoux. Be part of the conversation exploring the economic opportunities and challenges faced by WA franchises - https://lnkd.in/dYe97SiZ A great networking opportunity with your franchising peers. I hope to see you there. Limited seats! Book early to avoid disappointment. #economy #franchising #franchisegrowth #sustainablebusiness #networking #collaboration #franchisee #franchiseopportunities

The future of restaurant franchising has been a topic of discussion for quite some time. The industry has seen steady growth over the years and it is expected to continue to excel in the coming years. The insights of experts in the field of franchising provide a glimpse of the trends that will shape the industry moving forward. The importance of maintaining a connection with customers through social media and digital marketing has been reiterated by these experts. #RestaurantFranchising #Franchising  

Restaurants remain one of the most popular business types to franchise. If you haven't already franchised your business, would you like to? This article makes some excellent points when it comes to franchising for restaurant owners. It may just be what your brand needs to succeed and thrive! #franchising #franchisebusiness  

The Franchise Council of Australia has released its State of Franchise 2023 report, which reveals franchising contributes $35.1 billion in wages to the Australian economy each year. #franchising #franchise #FranchiseExecutive #report #economy #franchising

Is Owning a Franchise Worth It? 💢 Owning a franchise can be a rewarding venture, offering a balance between entrepreneurial independence and the support of an established brand. While there are challenges, the benefits, especially for those new to business ownership, can be significant.🛒 Four types of franchise most of investors opt for.📈 1. Daily needs (grocery) 🏪 2. Essentials (Clothing) 👗 3. Impulsive (smart gadgets)💻 4. Luxury (jewellery & watches)💎💍 Why Franchise? Pros of Franchising Franchising offers a turnkey business with a built-in customer base. One of the biggest advantages of franchising is instant brand recognition, which can translate into immediate customer trust and a potentially quicker return on investment. As a franchise owner, you are not experimenting but rather implementing a strategy that has worked in various markets. The average annual income of a franchise owner whose business has been open between two and 10 years is $130,000, a survey conducted by Franchise Business Review revealed. Most franchises provide extensive training and ongoing support. You get guidance on everything from marketing to operational best practices. Being part of a franchise means being part of a larger network, Cons of Franchising Franchising offers numerous benefits, although it does come with some associated costs. It typically requires an initial investment along with ongoing royalty and marketing fees, which are essential for the continued growth of your franchise. While these fees are a part of your business expenses, they also provide you with access to a well-established and recognized brand, which can significantly boost your chances of success in the market. It’s important to keep in mind that these fees are a worthwhile investment in the long run. As a franchisee, you’ll be working closely with the franchisor, following their proven rules and guidelines. While this might limit some creative control, it also provides you with a framework for running your business effectively. Your success is aligned with the success of the brand, and franchisors typically work hard to maintain and improve their brand’s reputation. Some franchises may also have territorial restrictions, which can work in your favor by reducing competition in your area and ensuring you have a dedicated customer base. #hr #hrrecruiter #ceo #cfo #franchise #zudio #tata #jockey #stockbrokers #jockeyfranchise #retail

Discover the power of a robust franchise resales strategy and how it can be the key to sustained growth. 🍽️📈 3 Vital Ways a Restaurant Franchise Resales Strategy Keeps Units Open https://hubs.la/Q02260N70 #BusinessTips #FranchiseTips #WeSellRestaurants #RestaurantIndustry #Franchising #RestaurantGrowth #FranchiseOpportunity #RestaurantBusiness