Basics of a Wyndham Hotels & Resorts Franchise

If you’re thinking about buying a Wyndham Hotels & Resorts franchise, there are many things to consider before signing on the dotted line. Becoming a Wyndham Hotels & Resorts franchisee is not a guarantee of success, but rather a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a Wyndham Hotels & Resorts franchisee might be financially rewarding.

Owning a Wyndham Hotels & Resorts franchise is a serious commitment and works best when you make a thoughtful, educated decision.

  • Just because you love Wyndham Hotels & Resorts’s products or services doesn’t mean that you will be able to successfully operate a Wyndham Hotels & Resorts franchise.
  • Being emotionally attached to the idea of becoming a Wyndham Hotels & Resorts franchisee is not a state of mind in which you can effectively evaluate an opportunity.
  • Your positive experience as a customer of Wyndham Hotels & Resorts should not form the basis for deciding to become a franchisee.

As an example, just because you love Big Macs doesn’t mean that you should become a McDonald’s franchisee.

Are you looking for some free resources to help you determine if a Wyndham Hotels & Resorts franchise is for you?

Wyndham Hotels & Resorts Due Diligence

You must conduct smart due diligence and determine from a business perspective whether owning a Wyndham Hotels & Resorts franchise is right for you.

If you truly want own a Wyndham Hotels & Resorts franchise, get all the information you can from Wyndham Hotels & Resorts and secure a qualified advisor who has experience helping people like you purchase franchises.

You may also want find that gaining a better understanding of the terms related to franchising would be helpful.  If so, you may want to visit A Glossary of Franchise Terms.

Make sure that owning a Wyndham Hotels & Resorts franchise fits in with both your skills and life style objectives. If you don’t want to work evening and weekends, don’t purchase an ice cream shop. If you’re an introvert, don’t buy a franchisee that requires you to be extroverted.

Are you interested in more questions to ask Wyndham Hotels & Resorts franchisor, Wyndham Hotels & Resorts franchisee, or even yourself? Get to know the terms.

Wyndham Hotels & Resorts Franchise Disclosure Document

Carefully read the Wyndham Hotels & Resorts Franchise DisclosureDocument (Also known as an FDD). They can be intimidating.

As you are reviewing Wyndham Hotels & Resorts’s Franchise Disclosure Document you will have a number of calls with Wyndham Hotels & Resorts’s franchise team before you will be allowed to call Wyndham Hotels & Resorts franchisees.

When you are allowed to call Wyndham Hotels & Resorts franchisees make sure you speak to at least five to eight franchisees. You will find that most Wyndham Hotels & Resorts franchisees will be honest and unbiased about Wyndham Hotels & Resorts. If you would like more information on how to dissect a Wyndham Hotels & Resorts FDD consider the following resources:

  • The Educated Franchisee Chapter 8 – ' Dissecting the Franchise Disclosure Document' - Click Here
  • The FDD Exchange - Franchise Disclosure Document Checklist' - Click Here
  • PodCast with Franchise Attorney Nancy Lanard – 'What to look for in a Franchise Disclosure Document' - Click Here

Does a Wyndham Hotels & Resorts Franchise Make Money?

A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a Wyndham Hotels & Resorts franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.

The decision making tools in Chapter 15 of The Educated Franchise and in Step 13 of The Franchisee Workbook shows you how to honestly evaluate whether or not buying a Wyndham Hotels & Resorts franchise is the right move for you.

If you’re serious about becoming a Wyndham Hotels & Resorts all franchisee and want to explore owning a Wyndham Hotels & Resorts franchise, take the best first step you can and grab your copy of The Educated Franchise today!