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.
Matthew, I think this is a perfect choice for you.
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