Tuesday, September 24, 2019
Subway Franchise Article Example | Topics and Well Written Essays - 250 words - 1
Subway Franchise - Article Example This study declares that the franchise fee for the investors from other countries ranges between $10,000 and $15,000. In addition, the required investment is about $116,000 and $263,000 for those in the United States. However, the total investment for the franchisees in Canada ranges between $102,000 to 234,000. The Subway franchisees contribute 12.5 percent weekly. Eight percent of the aforementioned percentage accounts for franchise royalties while 4.5 percent is used in advertising. According to the paper the Subway has a training program for the franchisees. Notably, the franchisees are supposed to enter an agreement with the franchise by signing the Franchise Agreement. Such individuals undergo through World Training program at the franchise headquarters in order to attain the required skills. The franchisees benefit from the training opportunities that equip them with the necessary skills in the market. However, it is noteworthy that the training is examinable, and franchisees must satisfy the Subwayââ¬â¢s administration by passing the examination. The most interesting opportunities with the Subway include financial assistance, on-the-job training, and aid from the site location team. The Subway franchise offers some financial support through a leasing program. The in-service training is essential for equipping the franchisees with solid skills needed in the industry. In addition, the site location team offers free advice on the perfect location.
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