Word: fee
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Dates: during 1970-1979
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Dean Dunlop said Sunday that he hoped the proposed Council would investigate such problems as the definition of need criteria for graduate student aid, the tuition and fee structure of the Graduate School of Arts and Sciences (GSAS), and the relative work loads for teaching fellows in the various departments...
...director of the National Association of Home Builders. Johnson became vice chairman of Holiday Inns, a job he still holds, and helped recruit franchisees from among his business friends all over the country. Wilson and Johnson sold the first franchise in Clarksdale, Miss., for $500 and a flat fee of 5? per night for each occupied room. In return, the franchisee got Holiday Inns' plans and national advertising. Applications began to flow in, many from investment groups made up of doctors and dentists. Meanwhile, the start of the $76 billion federal interstate highway-building program in 1956 gave...
...cost up to $1,100,000, of which the franchisee group puts up $350,000 or less; on this it can expect an after-tax return of just over $50,000-a handsome 15% or more on its investment. For such a motel, Holiday Inns charges an initial fee of $15,000, plus royalties and fees of 6% on the annual gross. In return, the franchisee gets the marketing advantage of a household name, national advertising and a steady flow of customers provided by the chain-wide referral system. The massive Holidex reservations system at Memphis headquarters is the largest...
...around and buy from the parent company. Last year the products division sold $133 million worth of goods to its own inns and those of rival motel chains, as well as to hotels. Competitors seek expert advice from the division; Billionaire O.K. Ludwig paid it a $250,000 consulting fee for help in planning his Princess Hotel in Acapulco. "We saved him millions," boasts Wilson...
...biggest rummage sale of them all is the "Seven Mile Fair," a rural flea market that sprawls over 50 acres of fallow soybean field near Milwaukee. The fair has attracted as many as 1,000 sellers (who each pay a $3 registration fee) and 100,000 browsers, who haggle over the price of bassinets and branding irons, laundry soap, auto parts, farm tools and bakery goods. Charles L. Niles, who originated the fair and now spends all his time operating it, recalls the time that someone walked into the main office seeking an oxygen mask: "I announced it over...