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Old 01-20-2007, 10:17 PM
Kevin Kwak Kevin Kwak is offline
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Join Date: Dec 2006
Location: Los Angeles, CA
Posts: 277
Post Franchisees/Investors and Site Selection

As I was conducting an online research to write the above post, I found a quality article that is worth reading fro any prospective franchisee and entrepreneurs.

The blog is titled "What to learn from this Subway lawsuit" written by Ryan (an attorney in a medium-sized law firm). Read the article and a few other posts relevant to the franchise business. Learn from other people’s mistake.

I was particularly interested in the Subway Restaurant franchise because the franchiser earns top awards for being the #1 franchiser in the fast food industry. Franchisees rate Subway a high score due to its winning product line, perfected operation management, a good return on investment (ROI), and last but not least the franchise fee is affordable compared to other franchises in the industry. But who would've thought that the Subway franchiser would deceive a franchisee with such unethical practice.

Point: Fully understand the contract word by word and consult a professional before signing any agreements; the nominal fee can save you money in the long run.
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