Manilow Suites

Corporate Housing

Archive for the tag “Francine Manilow”

Renting from the Individual

Like almost anything this is a toss-up. The city would probably be paramount in your selection.

My husband and I always rented someone’s
house in Estes Park, CO. People had their own personal belongings in the
dresser and closets but it was rustic, acceptable, and casual up in the
mountains. I felt as if I were staying in a relative’s home.

The big city is a whole different ball game. You never know
what you are going to get. Why take the chance if there is a reputable
corporate housing company in the city?

What can go wrong?

1.The condition of the apartment.

2.Paying for the utilities or setting up the utilities?

3. What if the condo is for sale? Are they going to have prospective customers coming through while you
are there?

4. What if they cancel before you arrive?

5. If the internet goes out, who is around to fix it?

6. What if the condo association does not allow people to occupy an apartment for less than 12 months? Do you have to rent
calendar month to calendar month?

7. Most of all, if you have paid and it does turn out to be a poor choice, what are your options?

Ok, you found a great deal and you want to rent from an
individual. My suggestions:

Find out if it is a condo or a sublet. If it’s a condo, ask
if it is up for sale, if so you want it in writing that the condo will not be
shown while you are renting it. Call the management company to make sure you
can rent the condo for less than one year. Find out all the costs for setting
up the telephone, internet, electricity, and cable or if any of these items are
included in the rent. Get pictures or if you have a friend in that city, have
them check out the apartment first.

Find out whatever you can about the condo owner. Is the
condo in default on assessments?

Never pay more than one month at a time, no security
deposit, and above all, please do not pay in cash!

Please keep in mind that I am only talking about locations
in the big cities, not up in the mountains or in vacation rental areas

~From the Notepad of Francine Manilow~

Manilow Suites is known around the World

An elderly man was sitting next to me on a flight from San
Diego to Chicago. He told me he was from Australia and spent a wonderful month
in Chicago a couple years ago. When I asked him where he stayed, he said with
gusto, “Why I stayed with Mrs. Manilow!”

Before I told him my name, I sheepishly asked, “How were the
accommodations?”  “Great!” he said with excitement.
Relieved to hear the answer, I proudly presented my business card to him.

Word of mouth is still the best marketing technique when trying to acquire the right customer.

In small business, finding your niche is so important because it greatly limits the
amount of valuable resources spent marketing to the wrong customer.

~From the Notepad of Francine Manilow~

My Outlook on the Future of Small Businesses

Until quite recently, I had a rather cautious optimism about our economy. This was based on our increase in business. I was hearing the same news from other women-owned businesses and from our competitors as well.

However, as hard as I am trying to still be an optimist, for the first time since I can remember, my outlook for the next year looks pretty dismal.

There appears to be too many negative factors coupled with too little positive to offset the problems.

Everyone has been saying that it will take the small business to jump start the economy, but in recent months we have had the slowest growth in startup businesses in a number of months.

The administration created the small business lending fund of 30 billion dollars but many banks do not want to participate because of the new tight regulations initiated by the banking meltdown.    

The bottom line is, “confidence” and we just don’t have it because of so many uncertainties about such things as long term debt, the debt ceiling, the knowledge that each party in Congress will not take the drastic steps necessary to put our economy on a strong path in fear of losing the next election.

Big Differences

No one has to explain the word hotel. We all know there is a Four Seasons and there is a Holiday Inn.

 Both serve a purpose and we know their differences. Not so with corporate housing. There are two major problems with this fairly new business:

  1. There is a tremendous difference between corporate housing companies
  2. You may be paying a corporate housing company the “Four Seasons” rate for ”Holiday Inn” service, quality and amenities.

Just one recent example:

A relocation person told me recently how important Wi-Fi  is to their accounts.

Of course, every corporate short-term housing company knows that, but how  many know that wi-fi problems are somewhat a common occurrence in the high-rise rental buildings.

The real question should be, what process does the corporate housing company have for an immediate response to alleviate the problem.

Q&A with Francine Manilow: ‘Love life and love taking risks’ | Enterprise City | Crain’s Chicago Business

Q&A with Francine Manilow: ‘Love life and love taking risks’ | Enterprise City | Crain’s Chicago Business.

After a long career in business, the awards are suddenly piling up for Francine Manilow, founder of the Chicago-based corporate housing supplier Manilow Suites.

In 2010, Ms. Manilow received the Chicago Business Woman of the Year Award from the National Assn. of Women Business Owners, was inducted into the University of Illinois at Chicago Entrepreneurship Hall of Fame and joined the board of the Center for Women’s Business Research. Last week, the Women’s Business Development Center announced it is naming her its 2010 Entrepreneurial Woman of the Year.

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