
What Are Alternative Franchise?
Are you ready to explore how to start a Rodeway Inn franchise in just 7 steps? Navigating this journey can seem daunting, but with the right checklist and resources, you can make informed decisions that lead to success. Discover the essential requirements and processes, and enhance your planning with our Rodeway Inn Franchise Business Plan Template to set yourself up for a thriving business.

# | Step Short Name | Description |
---|---|---|
1 | Complete The Franchise Application | Fill out the franchise application form provided by the franchisor. This initiates the process and allows the franchisor to assess your suitability as a franchisee. |
2 | Meet Financial Requirements And Secure Funding | Ensure you meet the financial prerequisites set by the franchisor. This often involves securing funding through personal savings, loans, or investors. |
3 | Attend Franchise Discovery Meetings | Participate in discovery meetings to learn more about the franchise system. This is a chance to ask questions and gain insights directly from the franchisor. |
4 | Sign The Franchise Agreement | Review and sign the franchise agreement, which outlines the terms and conditions of your franchise. Ensure you fully understand your obligations and rights as a franchisee. |
5 | Identify And Secure A Suitable Location | Find a location that meets the franchisor's criteria and is viable for business. Consider factors such as traffic patterns, demographics, and proximity to competitors. |
6 | Renovate The Property And Install Necessary Equipment | Prepare your location by renovating as needed and installing required equipment. This step is vital for meeting brand standards and ensuring operational efficiency. |
7 | Complete Training And Officially Launch The Hotel | Undergo the training program provided by the franchisor. This equips you with essential knowledge and skills before officially opening your hotel to guests. |
Key Takeaways
- Understanding the financial requirements is crucial; ensure you have a minimum net worth and liquid capital to meet the initial investment range.
- Prior experience in the hospitality industry is preferred, along with strong management and leadership skills to adhere to brand standards.
- The application process involves submitting a preliminary franchise application and undergoing a financial qualification assessment, alongside a review of the Franchise Disclosure Document (FDD).
- Choosing the right location requires thorough market analysis, focusing on demographics, proximity to transport hubs, and evaluating local demand.
- Consider real estate factors such as lease versus purchase options, zoning requirements, and the potential for building renovations.
- Pre-opening preparations should include a comprehensive plan for staff recruitment, initial inventory, and ensuring compliance with health and safety regulations.
- The franchise offers continuous support through training programs and ongoing assistance from field representatives, ensuring franchisees have the tools they need to succeed.
What Are the Basic Requirements for Opening a Rodeway Inn Franchise?
Financial Requirements
To start a Rodeway Inn franchise, potential franchisees must meet specific financial requirements. First, there is a minimum net worth requirement, typically around $500,000. Additionally, aspiring franchisees need to have liquid capital of at least $100,000 readily available. The initial investment for opening a Rodeway Inn can range from $2 million to $4 million, depending on the location and size of the property.
Documentation proving financial stability is also essential. This includes bank statements, tax returns, and any other financial records that showcase your ability to fund the franchise properly. Demonstrating financial responsibility and preparedness can significantly enhance your chances during the Rodeway Inn franchise application process.
Personal Requirements
In addition to financial qualifications, there are personal requirements for opening a Rodeway Inn. While prior experience in the hospitality industry is preferred, it is not mandatory. However, strong management and leadership skills are crucial for maintaining operations efficiently. Franchisees are expected to have a credit score of at least 650 to qualify for financing options.
Moreover, a commitment to uphold brand standards and provide exceptional customer service is vital. This dedication not only reflects on the individual franchisee but also contributes to the overall success and reputation of the Rodeway Inn brand.
Tips for Prospective Franchisees
- Engage with existing franchisees to gain insights into their experiences and operational challenges.
- Consider obtaining a financial advisor or consultant to help with funding strategies and financial documentation.
For further financial insights, you may want to explore more about How Much Does a Rodeway Inn Franchise Owner Make?.
What Steps Are Involved in the Application Process?
Initial Application Steps
Beginning your journey to open a Rodeway Inn franchise starts with the franchise application process. Here are the essential steps:
- Submitting Preliminary Franchise Application: This form includes your basic information and business background, which will kick off the review process.
- Initial Review and Background Check Process: The franchisor will perform an initial assessment of your application, checking your background and experience in the industry.
- Financial Qualification Assessment: Prepare to demonstrate your financial stability. This often includes a review of your credit history and financial documents.
- Franchise Disclosure Document (FDD) Review: You will receive the FDD, which outlines the franchisor’s financial performance, obligations, and other crucial details. Review this document carefully.
Discovery Process
Once your preliminary application is approved, you will enter the discovery process, which includes:
- Attending Franchise Information Sessions: These sessions provide insights into the brand, operational procedures, and franchise expectations.
- Meeting with Corporate Representatives: Engage directly with the franchisor's team to clarify any questions regarding the franchise requirements and support available.
- Evaluating Franchise Support and Resources: Assess the tools and resources the franchisor provides to ensure you are well-prepared for success.
- Conducting Due Diligence on Brand Operations: Research existing locations, customer reviews, and operational standards to understand the brand's market position.
Keep in mind, understanding the Rodeway Inn franchise fees and financial commitments is essential. For further insights, refer to How Much Does a Rodeway Inn Franchise Cost?.
Tips for a Smooth Application Process
- Ensure your financial documentation is organized and accurate to expedite the financial qualification assessment.
- Be prepared with questions during the information sessions to get the most out of your interactions with corporate representatives.
How Do You Choose the Right Location for a Rodeway Inn Franchise?
Site Selection Criteria and Market Analysis
Choosing the right location for a Rodeway Inn franchise is crucial to its success. Start with a thorough demographics analysis for budget hotel locations. Look for areas with a population density that supports a steady flow of travelers. According to industry reports, locations with a minimum population of 50,000 residents can significantly enhance your customer base.
Proximity to highways and transportation hubs is another vital factor. Being within 5 miles of major interstates or airports can attract both leisure and business travelers. Local tourism and business traveler demand should also be assessed. A strong presence of local attractions or business centers can lead to higher occupancy rates.
Additionally, conduct a competitive landscape evaluation. Identify existing hotels in the area and their occupancy rates. Understanding your competition allows you to offer unique value propositions that can help differentiate your Rodeway Inn franchise from others.
Accessibility and visibility are key considerations as well. Ensure that your chosen site has good visibility from the road and is easily accessible to travelers. Locations that are hard to find or reach can lead to lost business.
Real Estate Considerations
When it comes to real estate considerations, evaluate whether to lease or purchase the property. Each option has its pros and cons. Leasing often requires less initial capital, making it an attractive option for new franchisees. However, purchasing property can provide long-term equity.
Be aware of zoning and permit requirements. Not all properties are zoned for hotel use, so it's essential to confirm these details before making any commitments. Additionally, assess the building renovation or construction needs. Depending on the condition of the property, renovations can range from minor updates to significant overhauls, impacting your initial investment significantly.
Finally, when negotiating lease terms or property agreements, look for favorable conditions that allow flexibility in case of unforeseen market changes. A well-structured lease agreement can protect your investment and provide peace of mind.
Tips for Site Selection
- Research local economic trends to anticipate growth potential.
- Use online tools and resources to evaluate traffic patterns and visibility.
- Consider partnering with a local real estate agent familiar with the hospitality market.
For more insights on the process and requirements, refer to How Does the Rodeway Inn Franchise Work?.
What Are The Setup Requirements For A Rodeway Inn Franchise?
Property Development And Renovation
When considering how to start a Rodeway Inn franchise, the setup requirements begin with property development and renovation. Franchisees must adhere to specific hotel room design and refurbishing guidelines to maintain brand consistency. This includes ensuring that all rooms meet the brand's aesthetic and functional standards, which enhances guest experience.
Compliance with brand standards and regulations is critical. This ensures that the franchise reflects the quality and values associated with the Rodeway Inn name. For instance, renovations should not only focus on aesthetics but also on providing essential amenities that meet guest expectations.
Additionally, franchisees should prepare a detailed construction timeline and cost estimation. It's advisable to budget adequately for unforeseen expenses, as renovations can often exceed initial projections. According to industry benchmarks, renovation costs for budget hotels can range from $10,000 to $25,000 per room, depending on the scope of work required.
Moreover, procuring equipment and furnishings is essential. From bedding to bathroom fixtures, all items must meet brand specifications. Establishing relationships with vendors who understand the brand's requirements can lead to better pricing and quality assurance.
Pre-Opening Preparations
Once the property is ready, the next phase involves pre-opening preparations. A focused staff recruitment and training process is necessary to ensure that the team embodies the brand's commitment to customer service. It's vital to hire individuals who not only possess relevant experience but also align with the brand's values.
Initial inventory and supply orders must be placed to ensure the hotel is adequately stocked before launch. This includes everything from linens to toiletries. Establishing efficient supplier relationships can help streamline this process and reduce costs.
Marketing and pre-launch promotions are crucial for generating buzz around the new franchise location. Implementing targeted marketing strategies can significantly impact initial occupancy rates. For instance, utilizing social media campaigns or local partnerships can attract attention and drive bookings.
Finally, ensuring compliance with health and safety regulations cannot be overlooked. This includes everything from fire safety inspections to food service regulations if applicable. Establishing these protocols early can save time and effort during the final pre-opening checks.
Tips for Successful Setup
- Engage local contractors who are familiar with Rodeway Inn renovations for more efficient project management.
- Prioritize staff training sessions that emphasize brand culture and customer service excellence.
- Leverage local tourism boards for promotional support and partnerships.
For those interested in understanding the broader implications of franchise ownership, consider exploring What Are the Pros and Cons of Owning a Rodeway Inn Franchise?. This can provide valuable insights as you navigate through the steps to open a Rodeway Inn.
What Training And Support Is Provided?
Initial Training Programs
The Rodeway Inn franchise emphasizes comprehensive training for new franchisees to ensure they are well-equipped to run their business effectively. This includes:
- Comprehensive franchisee training sessions that cover all operational aspects.
- Operations and customer service training to enhance guest experiences.
- Technology and management system guidance to streamline processes.
- Compliance and brand guidelines overview to maintain operational standards.
Ongoing Support Systems
Once the hotel is operational, ongoing support is crucial for long-term success. Key support elements include:
- Regular field representative visits to provide hands-on assistance.
- Marketing and advertising assistance tailored to local markets.
- Continuing education opportunities for franchisees and staff.
- Operational troubleshooting and technical support to address any challenges.
Tips for Maximizing Training Benefits
- Engage actively during training sessions to fully grasp operational nuances.
- Network with other franchisees to share best practices and experiences.
Understanding the support structure is vital when considering how to start a Rodeway Inn franchise. The training provided not only prepares you for day-to-day operations but also equips you to handle challenges effectively. For those interested in the financial requirements for Rodeway Inn franchise and the overall investment involved, check out How Much Does a Rodeway Inn Franchise Cost?.
Step: 1 - Complete The Franchise Application
Starting your journey with a Rodeway Inn franchise begins with the franchise application process. This initial step is crucial as it sets the tone for your potential partnership with the brand. Here’s how to navigate through it:
- Begin by submitting a preliminary franchise application. This document will request essential information about your background, financial status, and your business aspirations.
- Once the application is submitted, anticipate an initial review where the franchisor will conduct a background check to verify the provided information.
- Next, you will undergo a financial qualification assessment. This step ensures you meet the financial requirements for Rodeway Inn franchise investors.
- After passing the financial assessment, you will receive a Franchise Disclosure Document (FDD) for review. This document contains vital information about the franchise, including fees, obligations, and expectations.
The Rodeway Inn franchise application process is designed to ensure that potential franchisees are a good fit for the brand. It also helps you understand the investment and operational commitments involved.
Aspect | Details | Importance |
---|---|---|
Franchise Application | Preliminary details about financial status | Initiates the relationship with the franchisor |
Background Check | Verification of personal and financial information | Ensures integrity and transparency |
Financial Qualification | Assessment of net worth and liquid capital | Determines eligibility for investment |
Tips for Completing Your Franchise Application
- Be thorough and honest in your application to avoid delays in the process.
- Ensure your financial documents are up-to-date and accurately reflect your current situation.
- Prepare to discuss your business experience and why you are passionate about opening a Rodeway Inn.
Completing the franchise application is just the beginning. If you're eager to learn more about the operational aspects, check out How Does the Rodeway Inn Franchise Work? to gain further insights as you move forward in your journey of opening a Rodeway Inn.
Step: 2 - Meet Financial Requirements And Secure Funding
Starting a Rodeway Inn franchise requires careful financial planning and compliance with specific financial requirements. Understanding these requirements is crucial for aspiring franchisees looking to ensure they meet the expectations of the franchisor and secure the necessary funding.
Financial Requirements Overview
To become a franchisee, you must demonstrate financial stability and the ability to support the initial investment. Here’s a breakdown of the key financial requirements:
- Minimum Net Worth: Typically, franchisees must have a minimum net worth of around $1 million.
- Liquid Capital: You will need liquid assets ranging from $250,000 to $500,000 to cover initial expenses.
- Initial Investment Range: The total initial investment can vary but generally falls between $1 million and $3 million, depending on location and property size.
- Proof of Financial Stability: Documentation may include personal financial statements, bank statements, and tax returns to verify your financial history.
Funding Options
Securing funding can come from various sources. Consider the following options:
- Personal Savings: Utilize your savings to cover part of the franchise investment.
- Bank Loans: Traditional banks or credit unions often provide loans for franchise investments.
- Franchise Financing Programs: Some franchisors offer financing assistance or partnerships with lenders.
- Investors or Partnerships: Bringing in partners or investors to share the financial burden can be beneficial.
Financial Benchmarks
It's essential to have a clear understanding of expected revenue and operational costs. Here’s a table of financial benchmarks related to operating a Rodeway Inn franchise:
Expense Category | Estimated Annual Cost | Revenue Potential |
---|---|---|
Property Lease/Mortgage | $100,000 - $300,000 | $500,000 - $1.5 million |
Staff Salaries | $150,000 - $250,000 | |
Marketing and Advertising | $20,000 - $50,000 | |
Utilities and Maintenance | $30,000 - $60,000 |
As you evaluate your financial readiness, keep in mind the importance of creating a detailed business plan that outlines your projected costs and revenue. This will not only help you secure funding but also guide your operations.
Tips for Securing Funding
- Maintain a healthy credit score above 700 to improve your borrowing options.
- Prepare a comprehensive financial portfolio to present to lenders or investors.
- Research and compare multiple financing options to find the best terms.
By understanding and meeting the financial requirements for a Rodeway Inn franchise, you position yourself to successfully navigate the franchise application process and secure the funding necessary for your venture. For more information on the costs involved, you can check out How Much Does a Rodeway Inn Franchise Cost?.
Step: 3 - Attend Franchise Discovery Meetings
Attending franchise discovery meetings is a pivotal step in understanding the Rodeway Inn franchise and determining if it aligns with your business aspirations. These meetings typically provide comprehensive insights into the brand, operational procedures, and the overall franchise system.
What to Expect in Discovery Meetings
During these sessions, you will engage with corporate representatives and gain valuable information that can influence your decision-making process. Here’s what you can typically expect:
- Overview of the Rodeway Inn franchise requirements, including financial commitments and operational standards.
- Detailed explanations of the Rodeway Inn franchise fees and ongoing royalty structures.
- Insights into the Rodeway Inn training and support programs that will be available to you as a franchisee.
- Networking opportunities with existing franchisees to hear firsthand experiences and operational tips.
Key Topics Covered in Discovery Meetings
The discovery meetings focus on several critical areas. Here are some key topics that will likely be covered:
- Understanding the Rodeway Inn franchise application process and necessary documentation.
- Exploring the brand’s marketing strategies and promotional support you will receive.
- Learning about the Rodeway Inn site selection process and what makes a location ideal for success.
- Gaining insight into the Rodeway Inn operational support systems that will assist you in running your franchise smoothly.
Tips for Maximizing Your Discovery Meeting Experience
Make the Most of Your Time
- Prepare questions in advance to clarify your doubts about the franchise.
- Take detailed notes to keep track of important information and insights shared during the meeting.
- Network with other potential franchisees to exchange thoughts and experiences.
Engaging in these discovery meetings will not only deepen your understanding of the Rodeway Inn franchise but also equip you with the knowledge necessary to make an informed decision. For further insights into how the franchise operates, you can explore How Does the Rodeway Inn Franchise Work?.
Real-World Insights
Franchise discovery meetings often involve statistical data that can aid in your evaluation. For instance, 70% of franchisees reported satisfaction with their franchisor's support, highlighting the importance of a solid training and support framework. Additionally, successful franchises typically see an average return on investment (ROI) of approximately 15%-20% within the first few years of operation.
Metric | Average Value |
---|---|
Franchise Investment Range | $500,000 - $1,500,000 |
Average Annual Revenue | $1,000,000 - $2,000,000 |
Franchisee Satisfaction Rate | 70% |
By actively participating in the discovery meetings and leveraging the information shared, you can navigate the journey of opening a Rodeway Inn with greater confidence and clarity.
Step: 4 - Sign The Franchise Agreement
Signing the Rodeway Inn franchise agreement is a crucial milestone in the journey of becoming a franchisee. This legally binding document outlines the terms and conditions under which you will operate your franchise. Understanding the implications of this agreement is essential for ensuring a successful partnership with the brand.
The franchise agreement typically includes details on the following key areas:
- Franchise fees and royalties: You will need to confirm the initial franchise fee, which generally ranges from $10,000 to $30,000, along with ongoing royalty fees that are usually around 5% of gross sales.
- Duration and renewal terms: The agreement often lasts for an initial term of 10 to 20 years with renewal options available, subject to certain conditions.
- Operational guidelines: You will be required to adhere to the brand's operational standards, including marketing strategies, customer service protocols, and hotel management practices.
- Training and support obligations: The franchise agreement will detail the initial training programs and ongoing support provided by Rodeway Inn to ensure you are equipped for success.
- Termination clauses: Understanding the conditions under which the agreement can be terminated is vital. This includes performance expectations and compliance with brand standards.
Before signing, it’s essential to conduct thorough due diligence. Review the Franchise Disclosure Document (FDD) carefully to ensure you fully understand your rights and responsibilities. Consult with a franchise attorney to clarify complex legal terms and to help negotiate any aspects of the agreement.
Tips for Signing the Franchise Agreement
- Consider negotiating terms that may be beneficial, such as reduced royalty fees during the initial years.
- Ensure you have a clear understanding of the training and support that will be provided.
- Take your time to review the agreement thoroughly; don’t rush into signing.
After signing the franchise agreement, you will officially become part of the Rodeway Inn network. This step is vital, as it establishes the legal foundation for your franchise operations. Remember, this is just the beginning of your journey in opening a Rodeway Inn.
For more insights on financial expectations, including potential earnings, check out How Much Does a Rodeway Inn Franchise Owner Make?.
Step: 5 - Identify And Secure A Suitable Location
Choosing the right location is crucial when considering how to start a Rodeway Inn franchise. The success of your hotel largely depends on its visibility and accessibility to your target market. Here are the key factors to consider:
Site Selection Criteria and Market Analysis
- Demographics Analysis: Understand the local population and their travel habits. Target areas with a mix of business and leisure travelers.
- Proximity to Highways: Locations near major highways and transportation hubs can significantly increase visibility and accessibility.
- Local Demand: Analyze tourism trends and business travel patterns in the area. High demand translates to higher occupancy rates.
- Competitive Landscape: Evaluate existing hotels in the area. Understanding competitors helps determine your pricing strategy and services offered.
- Accessibility and Visibility: Ensure the site is easily accessible and visible from main roads to attract passing travelers.
Real Estate Considerations
- Lease vs. Property Purchase: Decide whether to lease or buy the property based on financial implications. Leasing can reduce upfront costs.
- Zoning and Permits: Confirm that the property is zoned for hotel use and that all necessary permits can be obtained.
- Renovation Needs: Assess the condition of the property. Determine if renovations are needed to meet Rodeway Inn renovation guidelines.
- Negotiating Lease Terms: If leasing, ensure favorable terms that allow for flexibility in case of market changes.
It’s essential to conduct a thorough market analysis before finalizing your location. Here are some statistical benchmarks to consider:
Benchmark | Value | Source |
---|---|---|
Average Daily Rate (ADR) | $75 - $120 | Industry Reports |
Occupancy Rate | 60% - 80% | National Averages |
Revenue Per Available Room (RevPAR) | $45 - $90 | Market Analysis |
Tips for Choosing the Right Location
- Conduct surveys to gauge traveler preferences in the area.
- Work with a local real estate agent who understands the hospitality market.
- Utilize online mapping tools to assess traffic patterns and visibility.
Securing a suitable location is not just about finding a space; it's about setting the foundation for your Rodeway Inn franchise success. A well-chosen site can lead to higher guest satisfaction and increased profitability in the long term. For a deeper understanding of the benefits and challenges, you may find this resource helpful: What Are the Pros and Cons of Owning a Rodeway Inn Franchise?
Step: 6 - Renovate The Property And Install Necessary Equipment
Renovating the property and installing necessary equipment is a crucial phase in the process of opening a Rodeway Inn franchise. This step ensures that your hotel meets the brand standards while also appealing to your target guests. The renovation should reflect the budget-friendly yet comfortable atmosphere that the Rodeway Inn is known for.
Renovation Guidelines
When planning your renovations, consider the following guidelines:
- Ensure compliance with brand standards for aesthetics and functionality.
- Focus on creating a welcoming lobby area that reflects the brand’s identity.
- Upgrade guest rooms with essential amenities, including comfortable bedding and modern technology.
- Implement energy-efficient solutions to reduce operating costs.
Equipment Installation
The installation of necessary equipment is equally important. This includes:
- Property management systems to streamline operations.
- High-speed internet access for guests.
- Essential kitchen equipment for any on-site dining options.
- Safety and security systems to ensure guest safety.
Budgeting for Renovation and Equipment
It’s essential to have a clear budget for your renovations and equipment installation. On average, franchisees may expect to invest between $300,000 to $1,000,000 depending on the location and existing condition of the property. Here’s a breakdown of potential costs:
Item | Estimated Cost | Notes |
---|---|---|
Renovation Costs | $200,000 - $600,000 | Includes room upgrades and common areas |
Equipment Costs | $50,000 - $250,000 | Varies by services offered |
Marketing and Branding | $25,000 - $100,000 | Pre-launch promotions and materials |
Conducting a thorough assessment of the property’s current condition will help determine the extent of renovations needed. This step not only aligns your property with Rodeway Inn franchise requirements but also positions your hotel for success in attracting guests.
Tips for Successful Renovation
- Consult with a contractor experienced in hotel renovations to ensure quality work.
- Consider guest feedback from similar properties when designing spaces.
- Plan renovations during off-peak seasons to minimize disruption.
After completing the renovation, ensure that your property is equipped for a successful launch. This includes finalizing your Rodeway Inn franchise marketing strategies to attract initial customers. For more insights on how to navigate the Rodeway Inn franchise application process, refer to additional resources provided by the brand.
Step: 7 - Complete Training And Officially Launch The Hotel
Once you have completed the significant groundwork for your Rodeway Inn franchise, it’s time to focus on the final preparations before officially launching your hotel. This step is crucial as it sets the tone for your operations and ensures that you are ready to provide exceptional service to your guests.
Training Overview
The Rodeway Inn training and support program is designed to equip you and your staff with the necessary skills to run your hotel efficiently. Initial training includes:
- Comprehensive sessions on hotel management and operations.
- Customer service training to ensure a high-quality guest experience.
- Technology integration, including point-of-sale systems and booking software.
- Compliance training regarding brand standards and safety regulations.
Pre-Opening Preparations
Before the grand opening, you should focus on several Rodeway Inn pre-opening preparations:
- Finalizing staff recruitment and ensuring they are adequately trained.
- Ordering initial inventory, including linens, toiletries, and food supplies.
- Implementing marketing strategies to attract initial guests.
- Ensuring compliance with local health and safety regulations.
Official Launch
The official launch of your Rodeway Inn franchise should be a well-planned event. Consider the following:
- Host a soft opening to test operations and gather feedback.
- Plan a grand opening event, inviting local community members and potential customers.
- Utilize social media and local advertising to promote the launch and attract guests.
Training Component | Duration | Focus Areas |
---|---|---|
Initial Training Program | 1-2 Weeks | Operations, Customer Service, Technology |
Ongoing Support | As Needed | Marketing, Operational Troubleshooting |
Compliance Training | Ongoing | Health & Safety, Brand Standards |
By ensuring that you and your team are thoroughly trained and prepared, you will be well-positioned to successfully operate your Rodeway Inn and meet the expectations of your guests.
Tips for a Successful Launch
- Engage with the local community through partnerships or sponsorships to build awareness.
- Leverage online reviews and feedback to continuously improve service quality.
- Monitor your financial performance closely in the early days to assess profitability.
Remember, launching a Rodeway Inn franchise is not just about opening doors; it’s about creating a welcoming environment that keeps guests coming back. For more insights, check out What Are the Pros and Cons of Owning a Rodeway Inn Franchise?.