Friday, February 24, 2012

Subway


This week, I was assigned to go to Franchiseexpo.com   and review a franchise that we would be interested in running.  I decided I would like to open up a Subway.  Many of you have probably been to a Subway before or at least seen a commercial.  On their site they say "SUBWAY® is the #1 restaurant chain in total restaurant count with more locations than anyone else in the Quick Service Restaurant industry".  This has its obvious upsides and downsides.  The downsides are that there are going to be other subways near you and you will be constantly competing for customers.  The upside being is that people like Subway.  People are going to eat at your franchise you just need to make sure you put your franchise in an area that has enough people living and working there.  This is another benefit of franchising with Subway.  They assist you in almost everything you do.  When you are opening up the store they help you pick a location, and train yourself in being an owner and assist you in training the employees.  They do almost everything they can to make sure you will be successful.


After reading all the ways they could help a person run a franchise it was hard for me to find the downsides.  One of the problems with trying  to franchise in a company so popular is that the investment is steep.  It requires up to a $100,000 investment and you need to have up to $310,000 in capital.  This is going to turn away a lot of people instantly when trying to open up a Subway franchise. 

 Subway did a great job of telling me everything they do so well; but to be honest, telling me doesn’t mean that much to me.  No site for a company is going to say the things they do bad.  If I wanted to find out more about how much Subway actually assists people in running a franchise I would have to contact someone who runs a local Subway, I would want to get some info from people who actually have experienced Subway’s services.  Click here to find out about opening up your own Subway franchise.

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