Jill Has Always Dreamed of Owning and Managing a Hotel

Multiple Choice

Jill has always dreamed of owning and managing a hotel. Instead of starting her own independent hotel, she decides to buy a franchise from Hilton. What is one thing she should keep in mind about becoming a franchisee?

A) It will take a long time to set up her franchise.
B) It will take longer for her franchise to reach its break-even point than it would take for an independent business.
C) She will need to buy equipment, pay for training, and obtain a mortgage or lease.
D) She will have to develop her own processes for operations.
E) She will have the freedom to make all the necessary business decisions, which may be overwhelming.