Subway Franchise Essay Example | Topics and Well Written Essays - 1000 words

Subway Franchise - Essay ExampleFurthermore, it provides incremental income for the franchisor done royalty payments. Another advantage of the exemption concept is that it makes possible a faster expansion program for the franchisor supported by motivated distributors in the person of the franchisees (Om Sai Ram Center for Financial Management Research, 2006). The franchisees stand to benefit too from a franchise agreement. The franchisee gets to experience entrepreneurial autonomy using a be concept, often with extensive recognition of the brand name (Om Sai Ram Center for Financial Management Research, 2006). The franchisee also benefits from the training programs provided by the franchisor, coupled with continuing oversight of the store. Although there are advantages to owning a franchise, franchisees are faced with disadvantages too. Decision-making is quite limited since the franchisee should follow the guidelines set by the franchisor (Om Sai Ram Center for Financial Manag ement Research, 2006). In terms of purchasing, the franchisee is forced to purchase supplies and equipment from the franchisor even if they are more expensive compared to other sources. They cannot carry other products and they must adhere to the quality standards of the franchisor. Moreover, most franchise agreements are skewed towards the franchisor. ... The three (3) resources that helped one decide which franchise to operate are A. View From the overstep by Nichole L. Torres (2005). This article delves into the reasons why Subway has been systematic aloney in the top franchise list. It talks ab turn up how Subway values their franchisees, always making sure that they grow their market share. The article also points out that the entrepreneurial spirit of Subways franchises is a major strength of the company. B. Subway Hits the Spot by Dennis Romero (2009). The article discusses the attractiveness of owning a Subway franchise. It tells more or less how Subway has survived the e conomic downturn and how this downturn has helped boost its sales. The article points out that one strength of Subway is the upward flow of ideas from its franchisees. C. Top coulomb spheric Franchises Ranking by Franchise Direct (2012). This site was helpful in helping one decide which franchise to choose. It presented a list of the top 100 global franchises. It gave information about the initial investment needed to obtain the Subway franchise. It also showed that Subway occupies the number one spot in the Top 100 Global Franchises. It presented the support services that one can expect from a Subway franchise. These three resources have influenced one from choosing the Subway franchise. They have accustomed an overview of how the Subway company operates. The articles discuss the strengths of the company and the reasons why it has survived despite the economic slowdown. The reports have extensive information about Subways success formula. Choosing a Subway franchise has several advantages. Foremost among this is that Subway is one of the worlds largest restaurant chains. Subway is a very popular brand all over the world thus, it would not be