franchising Archives

News Sep. 26, 2019, 1:38 AM

Experts and insiders say Subway is haunted by a fundamental flaw that is forcing the chain to close hundreds of locations

Experts and franchisees say that Subway‘s problems stem from its franchise system, which encourages franchisees to open thousands of inexpensive sandwich shops, often close enough to each other to cannibalise sales. The chain has been criticised since the 1990s for encouraging uninformed franchisees to open an excessive number of locations. […]

News Jul. 26, 2019, 3:11 AM

Opening a Chick-fil-A franchise costs just $10,000 — here’s how to do it

Chick-fil-A franchise operators pay just $US10,000 to open a new restaurant in the US. About 60,000 people apply for a franchise each year, and less than 1% of them are eventually chosen. Here’s what the process of opening a Chick-fil-A is like from start to finish. Visit Business Insider’s homepage […]

Lifestyle Oct. 22, 2018, 12:24 PM

A parliamentary committee is calling on rarely used powers to compel executives of Gloria Jean’s parent company

A parliamentary committee is calling on a rarely used power to compel three former executives of a franchising company to appear before it. The Parliamentary Joint Committee on Corporations and Financial Services says the former Retail Food Group executives have rejected four formal requests to attend. The company has been […]

News Oct. 19, 2016, 6:43 AM

McDonald’s franchisees in the US say a ‘discounting addiction’ is killing them

McDonald's franchisees claim the fast-food...

News Jan. 13, 2016, 9:05 AM

It costs nearly nothing to open a Chick-fil-A — but there’s a catch

Chick-fil-A franchisees pay just $US10,000 to open a new restaurant. Chick-fil-A pays for all startup costs – including real estate, restaurant construction, and equipment – and leases everything to its franchisees for an ongoing fee equal to 15% of sales plus 50% of pretax profit remaining. The company prohibits most […]