"... there are lessons to be learned here for the restaurant business. And the biggest one is this: Make sure your franchisees can make money" A brief history of Quiznos’ collapse
1 comment:
Anonymous
said...
From the article-"And then, Subway began selling footlong subs for $5. Quiznos made the mistake of trying to compete by discounting. Maybe the most famous came in 2009, when the company sent out a coupon for a free sandwich, and franchisees, angry at the discounts and low profits, revolted and refused to accept the coupons."
Sound familiar? Excessive discounting? Free food (GMA)?? IF we had a REAL franchisee organization, maybe we could stop this!
1 comment:
From the article-"And then, Subway began selling footlong subs for $5. Quiznos made the mistake of trying to compete by discounting.
Maybe the most famous came in 2009, when the company sent out a coupon for a free sandwich, and franchisees, angry at the discounts and low profits, revolted and refused to accept the coupons."
Sound familiar? Excessive discounting? Free food (GMA)?? IF we had a REAL franchisee organization, maybe we could stop this!
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