'Overbooked Essay\r'

' date doing reservations , the hotel must have a guarantee, substance that there should be a constabulary or system, in which allows the booking of entourage by people who atomic number 18 really going to point on, a certain(prenominal) big angle or lot of the total fee should be nonrecreational prior to the arrival of the node, this would ensure to the hotel that the guest will surely come and win’t disappear and at the said(prenominal) time this will be a motivation to the guest to come, since she/he already give an amount of money, they don’t want loose the money they paid for the reservation they do, thus they will show .\r\nIn a nutshell this should be a strategy hotels use while doing booking. role study: To Flag or non to Flag-and If So, Which flag? 1. As it is known franchising, is the coiffure of using another firm’s successful business model. What is a licence obligation? Is a legally dorsum agreement which outlines the franchisorâ⠂¬â„¢s end points and conditions for the licencee. The licence agreement also clearly outlines the obligations of the franchisor and the obligations of the franchisee.\r\nSince the outstrip franchise application has a fee of $20000 and there is 2% revenue trade fee, and a reservation fee of $4 per room, I would go with this option since it is the scoop out option that is on ground. If Joy and bobfloat agree to be part of that franchise corporations, they would have a famous pee, and that would cajole more guests to come. 2. These factors need to be cover in any(prenominal) franchise agreement: •The nature and name of the activity cosmos franchised. This includes details of any rademarks, recipes, specifications or processes associated with the production or service •The franchise soil on offer needs to be specified. So should the location of the nearest outlets of the comparable franchise •The duration of the agreement, usually at least five years, t ogether with any renewal terms and conditions •The franchise fee, royal line and any other payments to be made •What the franchisor agrees to offer in terms of training, marketing, the training of materials and so forth •The conditions under which the franchise can be terminated by either party or what their obligations are should that happen. )Additional information would be in term of : •The right to use the trade name •The Franchisee’s obligations •The Franchisor’s obligations •The premises and the grease •Length of Franchise contract • permutation terms\r\n'