ipl-logo

Advantages Of Subway Franchise

935 Words4 Pages

INTRODUCTION: Changing business ownership can be very challenging. There are factors and aspects that need to be looked at to make sure you are in a place to do so without spending all your resources. Especially changing from a sole trader [a type of business entity which is owned and run by one individual and where there is no legal distinction between the owner and the business as stated by “E-conomic, Sole Trader- What is a Sole Trader?] to a franchise [a right granted to an individual or group to market a company's goods or services within a certain territory or location as stated by “About Money- What is a Franchise”]. The purpose of this report is to analyze the Subway franchise, its advantages, disadvantages and advice Johnny on whether …show more content…

It is easy to expand business with a brand as big as subway. It is a simple way to expand and has an easy way to open franchises. People know about subway, and it has a huge potential for growth, making it a good investment. Opening up a Subway franchise in Singapore costs around SGD 15,000, which is relatively cheaper when compared to other famous brands. People know the products that subway makes. Subway has won numerous awards Subway for its franchises. These are supported by “Franchise Solutions Blog, Benefits of a Subway …show more content…

As stated before, it is simple and easy to set up. It will help you to expand and earn more profits. The location of your current business is located in a very strategic area, so I recommend that you open your subway outlet in the same shop. There is a constant footfall of not only local people but foreign visitors and tourists who would be familiar with the Subway brand name, thus giving a push to the sales. However, before you do so, make sure you research the number of Subway outlets in that area to lower the competition. Subway is one of the most famous brands in the world, so getting customers and workers will not be a problem. There will be a few limitations, but the advantages outweigh them. Subway also has a clear way to communicate and contact them; and they give complete training to anyone interested in owning a

Show More
Related

Why Is Trader Joe's A Good Retailer For International Expansion

3328 Words | 14 Pages

Introduction As the world we live in today continues to flatten, new channels begin to emerge across the globe. The technological age that we live in today has forever changed they way retailing functions, creating new opportunities for international success. However, the thought of internationalization can be daunting for many retailers, especially due the large history of retailers who have expanded internationally and then failed. Although this type of expansion can be overwhelming, if done properly, the new retail format can generate a great deal of success for the retailer.

Read More

Essay On Chick Fil A

677 Words | 3 Pages

With many restaurants nationwide to choose from. I really enjoy visiting Chick-fil-A that I visit at least 2 times a month if not weekly. Customer Service is always respectful, attentive and kind- from the moment you walk in, to the employees who walk through the dining area making sure your meal came out right. The food is always freshly hot. My favorite fast food chicken sandwich around.

Read More

Panera Bread Competitive Analysis

169 Words | 1 Pages

Competition exists in most industries, and it is considerably fierce in the restaurant business. This is especially true for the focus of this paper, Panera Bread, and the specific restaurant market it operates within, “Fast Casual”. According to the balance, Fast Casual offers the ease and convenience of fast food but with a more inviting sit-down atmosphere. As evidenced by Panera’s explosive growth since its inception, their execution has helped define the Fast-Casual concept.

Read More

Panera Bread Research Paper

629 Words | 3 Pages

Panera has done all of those as far as I can tell, I personally do not care much for the price or amount of food they offer but everything else is spot on (many people I know love Panera). Panera has many rivals, much more than normal; they compete from both ends of the spectrum which is probably why they are doing so well. Their market is so large they can handle the pressure from outside. Five Forces Model Factor Analysis Impact Rivals competitive Pressure • Buyer costs to switch brands are low • Competitors are numerous and equal in size and competitive strength

Read More

Business Planning Activities Case Study

1112 Words | 5 Pages

I hope to help both individuals and small businesses in my community grow and be financially successful. I plan to add Value to the clients and communities by tailoring each individual portfolio to match the industries of interest of the client, and try to support local businesses through development opportunities and using my network to give access to essential business connections and services. 2. Please detail the types of prospective clients you believe will allow you to build your business to fulfill your vision. I plan on reaching out to young working professionals who have recently entered the workforce, using my network connections within the hospitality industry to find those who need financial guidance. I also plan to reach out to the rural communities, such as farmers and small businesses, to give opportunities for investment and growth.

Read More

Case Study Porcini's Pronto

829 Words | 4 Pages

With more business enterprises adopting franchising and syndication approaches, Porcini’s should have considered these recommendations too to establish a reputable business empire along the major

Read More

Pros And Cons Of Mcdonald's

1514 Words | 7 Pages

Mcdonald’s With a product that’s served in over 117 countries, feeding millions of customers every day, McDonald’s branding success is undeniable. The key to McDonald’s branding and marketing success is segmentation and experimentation. McDonald’s main focus is the US, where they spend most of their budget and trial more new products and innovations. The American audience is their largest – Americans spend more money at McDonald’s than any other fast food restaurant in the country.

Read More

What Are The Political Factors Affecting Subway

1546 Words | 7 Pages

Introduction Subway is an American fast food restaurant franchise that primarily sells sandwiches andsalads. It is owned and operated by Doctor 's Associates Inc. Subway is one of the fastest growing franchises in the world, with 44,280 restaurants in 110 countries and territories as of September 18, 2015. ] It is the largest single-brand restaurant chain and the largest restaurant operator in the world.

Read More

Domino's Marketing Strategy

720 Words | 3 Pages

5.2. Price in the marketing mix of Domino’s pizza (Bhasin, Marketing mix of Domino’s, 2017) Domino’s motto is “Best of Quality with Reasonable Pricing”. The lower middle class and middle-class income groups are their main targets. As Domino’s has come up with a uniform and consistent pricing policy, it helps them to keep the base price in check and helps to attract customers.

Read More

The Advantages And Disadvantages Of Ikea's International Strategy

1026 Words | 5 Pages

Due to different country’s policy, different business model are required for IKEA to run their business. For examples, IKEA will need to implement joint ventures as their business model to become successful in the Indian and China marketplace. Since the government for these countries requires that local business operations own about 51% control by Indian nationals, IKEA 's should find the right partner for its own. There are some advantages and disadvantages for IKEA to implement Joint venture as their business model. For the advantages are provide an opportunity to IKEA to access to the new markets and distribution networks, increased capacity to expand their business in foreign market, IKEA can share the risks and costs together with their partners and it will help IKEA to access to local resources, including specialised staff, technology and finance aspect.

Read More

Informative Speech: An Attention Getter For Fast Food

733 Words | 3 Pages

1. Supporting point 1: Nowadays we can see these fast food restaurants in almost every shopping mall and there is at least one of these franchised restaurants in each area of the city and still increasing in number because of the high demand. a. Sub-supporting point 1: Although there are lots of choices of food inside a mall, but people often choose fast food as it is affordable and yet it is tasty and filling at the same time. b. Sub-supporting point 2: For example, in the Kuala Lumpur International Airport, there are a lot options of food to choose but the two franchised McDonalds are still always

Read More

Starbucks Value Proposition

1586 Words | 7 Pages

Starbucks was founded in 1971. They have 18.850 stores in more than 40 countries which makes them the first coffee specialty retailer in the world. They operate most of their stores having only 50 franchises (as of 2017) as to keep strict control over quality. The success of Starbucks is based on their unique value proposition. They offer customer the finest coffee produced by themselves, with strong commitment on creating a global social impact, served in stores that promote a welcoming and warmth sphere where everyone can feel “like home”.

Read More

Swot Analysis Of Subway

953 Words | 4 Pages

Place: Subway has the distinction of being the fastest franchise in terms of growth in the whole world. This restaurant chain has become the largest operators of restaurants that are nearly 42,673 in number and with its franchises in one hundred and eight countries. In Belize, Subway was located at Freetown Road.

Read More

Ethical Issues In Fast Food

982 Words | 4 Pages

Throughout the last few decades, fast food companies have started popping out everywhere. With the

Read More

Sisig Case Study

842 Words | 4 Pages

The owners of Sisig sought to be the pioneer Filipino food company by providing unique and memorable customer experience to its clientele. The two individuals, Evan Kidera and Gil Payumo, focused on delivering innovative products and benefitting from a growing customer base. Specifically, being one of the food truck inventors in San Francisco, Senor Sisig had an obligation to revolutionize the sector (Kidera et al., 6). In fact, the decision to operate a unique operational model enabled the company to expand its services from one food truck to current three under its fleet. Through the provision of quality products, Senor Sisig has maximized its returns and continues to be the leading food truck establishment in the Bay Area.

Read More

More about Advantages Of Subway Franchise

Related Topics

Open Document