How to Start a Hotel Franchise Without Breaking the Bank

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To start a hotel franchise on a budget, first research smaller brands with lower entry fees, like micro-hotels or roadside inns. Consider buying existing properties that need rebranding rather than building from scratch. Negotiate financing options, such as seller financing or SBA loans, and focus on markets with lower real estate costs. Lean on the franchisor's training and supply chain to reduce upfront overhead, and start lean by minimizing pre-opening staff and marketing tests before scalin…