Taking a Bite of the Submarine Sandwich Franchise

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Taking a Bite at the Submarine Sandwich Franchise Abstract A brief look at submarine sandwich franchises; how much initial cost is involved, the risks of opening and running a franchise from a legal perspective, and the relationship between franchisor and franchisee. A franchise is an establishment that has an agreement with a franchisor to do business with a specified trademark or trade name. The agreement is governed by contract law and policed by the Federal Trade Commission, which requires the franchisor to release full disclosure about the organization to all potential franchisees prior to creating a contract. Looking at three different franchises, Subway, Quiznos, and Firehouse Subs, who had their beginnings between 1974 and 1994, and have an age relative size and scope. Presented findings show the oldest and the newest to be the establishments with the best franchisor/franchisee relationships. Additionally, the home of the toasty sub, Quiznos is a franchise that has been plagued by litigation and unprofitable franchises. Taking a Bite at the Submarine Sandwich Franchise Starting any new business with no experience is a risky proposal, especially in the food industry where restaurants come and go with some consistency. In order to best position oneself for success, the businessperson should be aware of the potential dangers and legalities of starting a business like a sandwich shop, especially with little or no experience. Any potential business owner faces the risk of being suppressed by other competitors in the industry especially those that are in close proximity to your potential location. As an example, an entrepreneur who opens a sandwich shop that does not have the benefits of a well-known franchise name may have to compete with those franchises somewhere down the line. National franchises such as Subway or Quiznos often invest large sums of

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