"Who has a deli shop without roast beef? I mean, it's ridiculous," one veteran Subway franchisee said.
No matter how successful, every business could be run a little better. Insider put together a list of New Year’s business resolutions for 2021, complete with guides on how to get them done. Visit Business Insider’s homepage for more stories. Congratulations on making it through 2020, a year that was […]
Subway has the most locations of any fast-food chain on the planet, with more than 42,000 restaurants in over 100 countries. Its franchising model helped it expand rapidly, but it has negatively impacted franchise owners. In recent years, Subway has closed thousands of stores and the fast-food chain seems to […]
Fast-food franchises like McDonald’s are seeing backlash on the treatment of workers during the coronavirus outbreak. Some critics may not realise that McDonald’s franchisees – who own and operate roughly 95% of the chain’s locations in the US – have complete control over workers’ pay, hours, and benefits. For example, […]
Chick-fil-A is prevailing when it comes to growth and customer service, to the point where it’s become the stuff of McDonald’s franchisees’ nightmares. Kalinowski Equity Research interviewed 20 to 30 McDonald’s franchise owners across the United States. McDonald’s currently has around 2,000 franchisees in the US. Kalinowski’s survey found that […]
A major Popeyes franchisee said that the chain’s famous chicken sandwich helped increase sales. Carrols Restaurant Group Inc., which operates 55 Popeyes restaurants in 23 states, said Monday that preliminary same-store sales for its Popeyes stores rose 21.2% year-over-year in the fourth quarter. The massive growth was encouraged, in part, […]
The highest-grossing movies of the past decade are, for the most part, a long list of movie franchise films. Between the Marvel Cinematic Universe and the animated world of “Toy Story,” it’s clear American movie-goers love a continuing storyline. The “Harry Potter” and “Star Wars” franchises make the list, too. […]
Chick-fil-A said on Monday that it would no longer donate to the Fellowship of Christian Athletes and the Salvation Army, two groups that have been criticised by LGBTQ advocates. While some people are lauding the decision, the move has sparked a Twitter battle on both sides of the political aisle. […]
Jim’s Mowing founder David “Jim” Penman has described a set of new franchising recommendations that were submitted to the Australian government as “feeble,” adding that he believes franchisees currently get “incredibly stuffed” by franchisors. Recommendations from the parliamentary inquiry into the $170 billion franchising sector don’t go far enough, according […]
Donald Trump once bought into an American football league in the 80s – but not the one that may come to mind today. The United States Football League (USFL) played in the spring, but Trump intended to move its season to the fall to compete with the NFL. In the […]
Shares in the Retail Food Group fell hard after the operator of Brumby’s, Donut King, Crust Gourmet Pizzas, Michel’s Patisserie and Gloria Jean’s reported a full year loss. They dropped by as much as 10% soon after the loss announcement. A short time ago, they were down 4% to $0.60. […]
Starbucks just opened its first standalone Princi bakery, a high-end Italian spot, in its hometown of Seattle. Princi’s offerings include baked goods, a cocktail bar, and, of course, coffee. Starbucks plans to open 1,000 more of the standalone bakeries. H ere’s what it was like to visit the first one. […]
Mortgage Choice today replied to reports its franchisees are being pushed into ruin and encouraged to cut corners to meet targets by the mortgage broker’s business model. The company says it strongly refutes allegations in the media that its current model encourages poor behaviour or practices. “Our franchisees are very diligent […]
Franchises. Sometimes they’re hugely profitable, sometimes they’re a devastating mistake. But if you dream of being your own boss, opening a franchise can be cheaper — and considerably less risky — than funding a new small business or startup. Peter Harris, CEO of franchise marketing platform Digital Stack, works with […]
Subway’s public-relations crises and inability to keep up with trends are merely the tip of the iceberg of the company’s problems. Franchisees say executives have been slow to innovate and have made decisions that are killing business. Divisions are present in the company’s headquarters, as seen with the ouster of […]
VIDEO: "Indentured" author and New York Times writer Joe Nocera spoke to us about the short lived United States Football League (USFL) and Donald Trump's involvement in its demise.
According to The Hollywood...