The Subway Franchise The Subway story started in 1965 in Bridgeport‚ Connecticut during the summer of 1965. 17 year old Fred DeLuca was trying to earn enough money to pay for his college tuition by working in a hardware store. He wanted a way to add money to his minimum wage salary. He got the solution at a backyard barbecue in a conversation with a family friend‚ nuclear physicist Dr. Peter Buck. With a $1000 loan from Buck‚ DeLuca opened Pete’s Super Submarine on August 28‚ 1965
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Minit Lube Mission as clearly stated on the case is to provide tune-ups‚ oil changes and lubrication service (Heizer & Render). In other words‚ preventive vehicles maintenance and interior cleaning to cars owned by individuals hopefully for less price‚ but with equal quality service provided by other mayor competitors. Minit-Lube provides a competitive advantage in comparison to other businesses because they offer maintenance to cars‚ but with de advantage of better prices and faster services than
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NOW AVAILABLE THE OUTLOOK FOR PACKAGING IN LUBRICANTS 2000 Commercial Automotive‚ Consumer Automotive‚ and Industrial Lubricants - United States - KLINE & COMPANY‚ INC. OVERLOOK AT GREAT NOTCH 150 CLOVE ROAD PO BOX 410 LITTLE FALLS‚ NJ 07424-0410 (973) 435-6262 www.klinegroup.com THE OUTLOOK FOR PACKAGING IN CONSUMER AUTOMOTIVE LUBRICANTS 2000 is designed to provide subscribers with an accurate and independent assessment of how lubricant demand‚ packaging materials‚ manufacturing costs
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Conglomerates & Franchises By Emily Chui & Benjamin Chu Let’s Define: Conglomerate- a large business that is made of different kinds of companies Franchise- the right or license granted to an individual or group to market a company’s goods or services in a particular territory; also : a business granted such a right or license Let’s Simplify: Conglomerate- a company that owns other smaller companies Franchise- a business that is part of a single chain; can be owned corporately or privately Quick Check:
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Café is a global leader in the healthy fast food industry. Fresh Café chooses their locations carefully to ensure a success for their owners and satisfied customers. (Fresh Healthy Cafe) The Fresh Healthy Café offers nutritious‚ delicious‚ and quick foods. They offer freshly squeezed juices for a great taste and optimal nutritional value. They offer fruit smoothies that contain zero preservatives. Fresh offers additives that are available for their freshly made smoothies that help customers
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Student’s name: Blah‚ Blah Class & Session: How can franchises ensure their products are appropriate for international markets? Professor: Introduction Most businesses are formed with the notion to someday expand their product internationally. Better communications and technology gives a massive increase in the convenience of international business ventures. Expanding a business internationally is a
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Minit-Lube case Summary The following are some observations‚ conclusions and recommendations we made. - Company’s value proposition is Operational excellence - All ten operations decisions has to support chose value proposition and provide competitive advantage - Minit-lube provides fast and quality customer service at low cost by utilizing resources in an efficient way Analysis Mission of Minit-Lube is to provide fast and superior quality customer service with no additional cost to customer
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Mrs. Coates‚ I enjoyed how you utilized your personal experiences in the analysis of a franchise. As you shared some valid information about Franchising‚ I believe I could communicate some details that will enforce your evaluation. Franchising is “a relationship based on a private commercial agreement between the franchisor‚ who owns a trade name or trademark‚ and the franchise‚ who sells or distributes goods using the trade name or trademark”(Kubasek‚ Brennan‚ Browne‚ 2015‚ p. 431). Under the
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characters on greeting cards. A franchise is a business that operates under an existing brand name. Many popular businesses are franchises‚ including McDonald’s‚ Subway and H&R Block. Franchising & Licensing - What are they? and how can you benefit from them? (The document is also available in PDF format) By Ian Cockburn1 Almost everyone is familiar with the term franchising‚ or has at least had some contact with the products or services offered by franchises. What is franchising? How does
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people 4. Purchase of building‚ equipment: KFC setting up KFC standards system for the franchisee include to lease/freehold cost of the land/ building/ equipment. 5. Provison of financial: It’s possible to receive assistance in financing a new franchise through the franchiser‚ who often makes arrangements with a lending institution to lend money to a franchisee. The franchisee must still accept responsibility for the loan‚ but the franchiser’s involvement usually increases the likelihood that a
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