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When it Comes to Franchise Negotiations, Are the Odds in Your Favor? |
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Not all parties who claim to settle franchise disputes have the experience or relationships in place to negotiate an affordable, equitable resolution.
Published in Hotel Interactive
WINDERMERE, FLA. — March 1, 2011 — Last week, I received a phone call from a hotelier who refused my advice two years earlier. In 2009, the owner was facing a $200,000 liquidated damages claim imposed by a franchise company. He contacted me to help him resolve the matter. Using my many years of hospitality industry experience and leveraging a long-time relationship with franchise executives, I quickly was able to reach what I felt was an equitable settlement of $65,000 structured on a payment plan. |
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