Do you need more time and freedom in your life? Listen to The Purpose of Money podcast for financial tips, advice, and stories from women on the journey to break free from the golden handcuffs. Each interview has valuable tips on how to create freedom, time, and wealth in your life now. Learn more at ThePurposeofMoney.com/podcast
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Do you need more time and freedom in your life? Listen to The Purpose of Money podcast for financial tips, advice, and stories from women on the journey to break free from the golden handcuffs. Each interview has valuable tips on how to create freedom, time, and wealth in your life now. Learn more at ThePurposeofMoney.com/podcast
Building a Legacy in Hotels with Franchise Attorney Kishane J. Patel | Episode 125
The Purpose of Money Podcast
31 minutes 16 seconds
9 months ago
Building a Legacy in Hotels with Franchise Attorney Kishane J. Patel | Episode 125
Have you ever wondered what it really takes to turn a hotel investment into a thriving, branded business?
Kishan J. Patel joins us, and we dive deep into navigating franchise agreements, understanding key money, and the essentials for building successful partnerships with major hotel brands.
He is an experienced franchise attorney who shares insights on the value of partnerships with top hotel brands, the importance of understanding Franchise Disclosure Documents (FDDs), and how key money can impact hotel conversions.
In this episode, you will learn:
Kishane’s family journey from small motels to a successful hotel portfolio highlights generational values
Benefits of Branded vs. Independent Hotels
Protecting and optimizing investments through expert legal guidance
How strong partnerships with brand teams support long-term hotel success
Key FDD points every potential franchisee should know
Tips on franchise negotiation and safeguarding owner interests
Pros and cons of key money to support rebranding efforts
The importance of Attorneys to help clients identify and renegotiate unfavorable terms in contracts
Guidance for aspiring hoteliers on franchises and acquisitions.
And so much more!
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The Purpose of Money Podcast
Do you need more time and freedom in your life? Listen to The Purpose of Money podcast for financial tips, advice, and stories from women on the journey to break free from the golden handcuffs. Each interview has valuable tips on how to create freedom, time, and wealth in your life now. Learn more at ThePurposeofMoney.com/podcast