Wednesday, March 26, 2008
Extended Stay Hotel Chain is Awarded Exclusive Franchisee Satisfaction Award
The Franchise Business Review is a national franchise market research firm which conducts a survey each year of franchises and franchisee satisfaction to help prospective franchisees evaluate a franchise system. Several key areas of hundreds of franchises are surveyed by thousands of franchisees including training and support; operations; the franchisor/franchisee relationship; and financial opportunity. According to this article, "Value Place is the only hotel chain to earn a spot on the coveted FBR 50™ list, recognized as the most exclusive award in franchising." Eric Stites is the founder and president of Franchise Business Review. According to Stites, "For people considering a franchise investment, satisfaction among current franchisees is one of the most critical factors to consider. Our goal is to help simplify the franchise research and buying process and help entrepreneurs discover the best franchise opportunities in today's marketplace."