Name: Institution: Course: Date: Independent hotel or a franchise hotel Food and beverages industries are very profitable only if is the setting and planning of the organisation are done well. Primarily, because food is a basic need that everyone needs to survive. Additionally, raw material such as agricultural products and seafood in this industry are cheaper. This is because they are locally processed, and the company does not incur importation cost. Therefore, this has caused a lot of competition in the Food and Beverages industries. Some businessmen have decided to operate their hotels while others prefer franchise system of the hotel. Consequently, the advantage of operating...
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