How to Run a Successful Subway Franchise

The walls had an off-white hue, with what looked like pencil drawings.  They almost looked dirty, but they were not.  They were spotless.  In the late 1980s, the walls of all Subway restaurants were adorned with wallpaper showing various actual subways throughout history.  All the famous subway franchise operations were represented, especially in the United States.  There was New York City, San Francisco, Baltimore, the list goes on.

Also on the walls were signs stating that the Subway Corporation had a goal of reaching a whopping 5,000 locations.   In 1990 they reached it.  They were one of the fastest growing chains.

Location, Location, Location

Now, it is a challenge to be accepted as a franchise.  There are rigorous requirements that must be met before claiming a franchise.  Once chosen, the franchisee can do the legwork in finding the best location. Of course, the Subway Corporation has the final say on where a restaurant can be placed.  And, location is critical to a franchise’s success.  If a restaurant is located on an ideal-looking corner but has no easy access, then the owner may well find that they picked the wrong spot.  An ideal location would include foot traffic, as well as easy access for cars to stop by.  Some may even benefit from a drive-through window.  The franchisee must do due diligence when scouting a location.

The People

The people, from the owner and managers to the lowly Sandwich Artist, must work as a team and coordinate properly.  The managers must staff the restaurant with proficient and responsible workers.  They must also choose the best coverage by the staff, so they meet the demands of the patrons.  Every person plays a critical part of the success of a franchise.  However, the ultimate responsibility falls on the shoulders of the owner(s).  If he or she chooses the wrong people for the management positions, it could lead to the wrong people in all staffing positions.  In case the restaurant fails, it’s on the owner. If you are looking to work at Subway, check out, jobapplicationreview.com.

Bookkeeping

They say that most small businesses fail within the first two years.  Much of that is because there was poor accounting.  When the owner does not know their profits and losses, the business will likely fail.  The odds are against their success.

The formula

After decades of mostly success, Subway Franchise Restaurants has an excellent idea of how to run a small business.  They have developed it through experience, expert consultations, and a lot of hard work.  So, when a franchisee fails to follow the formula for success, he runs the risk of losing the franchise, or possibly worse, going out of business entirely.  I say possibly because he would be hard-pressed to find another opportunity as a franchisee anywhere else, as everyone knows that there hard and fast formulas to follow.

Over the years, Subway has opened restaurants all over the world, in 112 countries, and almost 45,000 locations.  They have had their ups and downs, but one thing they know for sure is how to run a franchise.