Subway®, Type of Business

In: Business and Management

Submitted By McPot
Words 477
Pages 2
Type of Business

The main activities of Subway® are that they sell mainly sandwiches to their customer to fulfil the customers need for food.
The Subway® franchise began in the USA in 1965 and now has 32,774 outlets in 91 countries, also in most years 70% of new Subway® franchises are sold to existing Subway® owners.
Subway® is owned in a private sector, as the business started as a partnership between Fred DeLuca & Dr. Peter Buck and they opened three stores before the Subway® outlet began franchising.
Subway® what to make a profit, as when the business first opened it was so that Fred DeLuca could pay for his university tuition, and the partnership turn the business to a franchises so that others could succeed in their own business venture.
The industry sector that Subway® is tertiary as they sell mainly sandwiches to people that use the business.


Subway® has a low fat menu which is popular with customers all around the world, and Subway® allows their customers to add the ingredients that they what into their sub, also other product includes drinks & snacks.
The subs, snacks & drinks can be combined together into one deal to give their customers a cheaper offer on their products.


The reason that Subway® exist is that Fred DeLuca was looking for a way to make enough money to pay for his university tuition and the solution came at a BBQ during a conversation with a family friend, Dr. Peter Buck, who suggested to Fred that he open a submarine sandwich shop - having seen a sandwich shop in his hometown experience huge success, and With a $1,000 loan from Dr. Buck, the partnership was formed and Pete’s Super Submarines opened in August 1965.
The products that are supplied to Subway® are there to make a profit from.
Also Subway® meets their customers’ demands by providing food & drink to be purchase by the customers, and…...

Similar Documents

Types of Business

...Association of Development Agencies in Bangladesh * Associations * Animal Health * Ayurvadic & Herbal Products * Aerosol * Accounts & Audit Service * Agricultural Machineries & Equipment * Air Condition Project & Installation * Air Conditioner & Air Cooler Distributor & Service * Air Conditioning-Equipment & Parts * Anti Vibration Equipment * Arms & Ammunition * Airlines * Air Craft Spare Parts * Auto Cycle & Auto Rickshaw Accessories * Auto Gas Convertor Systems * Bus, Truck, Jeep, Car, Motorcycle Assembler * Beauty Parlour * Book Publishers, Distributors & Shops * Break Bulk Agent * Business Communication Services * Business Directory * Babies Wear * Baby Care Products * Bathroom Fittings * Bricks * Building Materials * Battery Manufacturers, Assmblers & Distributors * Battery Storage * Busbar Trunking * Boutique * Bars * Beverage * Biscuit & Bread Manufacturers * Bamboo & Cane Products * Building Decorative Materials * Button & Hook * Bearing * Bangladesh Mission Abroad * Bed Cloth Stores * Bag & Travel Goods * Bank * Bank Equipment Suppliers * Boilers * Broadcast Production House * Builders & Building Contractors * Building & Land Developer * Cable TV Network * Cinema......

Words: 2328 - Pages: 10

Types of Business Research

...a new business endeavor. The purpose of a feasibility study is to determine if a business opportunity is possible, practical and viable. When faced with a business opportunity, many optimistic people tend to focus on just the positive aspects. A feasibility study enables a realistic view at both the positive and negative aspects of the opportunity. A feasibility study is an important tool for making the right decisions. A wrong decision often leads to business failure. For example, only 50% of start-ups are still in business after 18 months and only 20% are in business after 5 years. Feasibility studies are useful when starting a new business or identifying a new opportunity for an existing business. Ideally, the feasibility study process involves making rational decisions about a number of enduring characteristics of a project, including: * Definition of the project; * Current market segmentation; * Projected growth in each market segment; * Current market offerings; * Customer profile(s); * Estimation of customers/revenues; * Determination of competitive differentiation and advantage(s); * Vision/mission statement; * Definition of proposed operations/management structure and management methods; and * Financing and projected cash flows * Definition of Industry Analysis * by Osmond Vitez, Demand Media * An industry analysis is a business function completed by business owners and other individuals to assess the current business......

Words: 501 - Pages: 3

The 3 Types of Business Ownership

...An example of a Sole Proprietorship business in my town would be The Evans Barber and Salon. Their business is filed a single entity for tax liability purposes. As a company they are not registered with the state as a limited liability corporation or company. Being the owner they do not have to pay income tax separately for they only report income or loses or individual tax returns. Landscapers, housekeepers, and mom/pop stores are also examples of Sole Proprietorship. They also do not have to register with the state. Their income can be reported on their individual tax return, because they work alone. A partnership business example in my town would be the First Steps Daycare of Cuthbert Ga. The only daycare in town. A partnership is the type of business where multiple individuals, called general partners manage the business and are equally liable for its debts. Examples of other partnership are doctor offices, dental offices, and eye doctors. The partners in these offices that manage the business, they are equally liable for the debts incurred with that business. A Limited liability partnership is used by professional associations. The liability on the partner is limited to the amount he or she may have invested in the company. This action keeps each partner from being held accountable for their wrong doings of another partner in their partnership. Examples of limited liability partnerships are Baker Tilly Virchow Krause, Deloitte, and Ernst & Young. The examples......

Words: 434 - Pages: 2

Types of Business

...businesses and how certain businesses differ. This will help to ensure that your own business is correctly labeled and that you can gain insight into basic overview of what business type you may want to follow. Types of Business The two main sectors are Public and Private sectors. Public Sector Within the Public sector are companies which are owned by the government, either by local or national government authorities. In recent years many Public sector companies have become Private Sector organisations. This has been done through the Stock markets and shareholders. Private Sector Within the Private sector businesses are owned by private individuals, these can be in the form of individuals running a business or as a firm. I will now elaborate further on the different types of forms this can take within the Private sector. These are outlined below. Sole Trader: A sole trader is a single person who runs a business, for example one person with a Jewelry business. This type of business has unlimited liability. Private Limited Companies: This type of company offers limited liability to its shareholders. It places certain legally on it shareholders on it ownership. These restrictions are set out and defined by law and regulations. The restrictions are in place to avoid any hostile takeovers. This restrictions are as follow; share holders must not sell or transfer their share of the business without first offering that share first to current shareholders,......

Words: 1225 - Pages: 5

Different Types Business

...Dissolution/Easily Transferable In this type of business owner can start up easy. It does not have to file any paper work as long as the business is under their own legal name. The personal responsibility of the owner is unlimited. The money that is needed is provided by the owner. If you need more money you cannot sell shares of stock or bring someone else in as a partner. You will have to borrow the money yourself. Since there are no legal formalities this type of business can be easily dissolved. It can also be transferred to another person without any restrictions. This type of business is based on life or death and good health of the sole owner. An example of this type of business is: Cathy’s house cleaning service/ Joe’s Tire Shop/Dave’s Custom Cuts Characteristics of General Partnership: Trust/ Money/ Responsibility/ Joint Contribution and Gain/ Mutual Ownership This type has more than one owner. Contributions made by partners include money, property, services, ideas and knowledge. Partners also share in the gains of the business dividing the Characteristics 3 profits according to their agreement. If the business has losses both partners are impacted. They both make business decisions and implied authority. Sometimes a managing partner is appointed for decision making. Some examples of this type of business are: Morgan and Morgan Law Office/......

Words: 697 - Pages: 3

Industry Business Type List

...Industry Agriculture & Forestry/Wildlife Business Type Extermination/Pest Control Farming(Animal Production) Farming(Crop Production) Fishing/Hunting Landscape Services Lawn care Services Other (Agriculture & Forestry/Wildlife) Consultant Employment Office Fundraisers Going out of Business Sales Marketing/Advertising Non Profit Organization Notary Public Online Business Other (Business & Information) Publishing Services Record Business Retail Sales Technology Services Telemarketing Travel Agency Video Production AC & Heating Architect Building Construction Building Inspection Concrete Manufacturing Contractor Engineering/Drafting Equipment Rental Other (Construction/Utilities/Contracting) Plumbing Remodeling Repair/Maintenance Child Care Services College/Universities Cosmetology School Elementary & Secondary Education GED Certification Other (Education) Private School Real Estate School Business & Information Construction/Utilities/Contracting Education Technical School Trade School Tutoring Services Vocational School Finance & Insurance Accountant Auditing Bank/Credit Union Bookkeeping Cash Advances Collection Agency Insurance Investor Other (Finance & Insurance) Pawn Brokers Tax Preparation Alcohol/Tobacco Sales Alcoholic Beverage Manufacturing Bakery Caterer Food/Beverage Manufacturing Grocery/Convenience Store(Gas Station) Grocery/Convenience Store(No Gas Station) Hotels/Motels(Casino) Hotels/Motels(No Casino) Mobile Food Services......

Words: 430 - Pages: 2

Business Types

...Proprietorship is a business entity owned and operated by one individual. This type of business organization is relatively inexpensive to start. The pros of the sole proprietorship are easy to start, the owner is able to retain his profits and the owner has sole control of business decisions. The cons of sole proprietorships are unlimited liability, limited financial resources, harder to get additional financial resources for example loans, limited growth, and limited life span. 1) The owner/operator is solely liable for the business and if the business is sued, the owner is liable for any and all judgments rendered. The owners personal assets are not protected. 2) The owner/operator reports the income taxes on their personal tax form. The owner is able to deduct business expenses. 3) The longevity of a sole proprietorship is not guaranteed. If no arrangements are made to continue business, business will not continue upon the death of the owner. “Sole Proprietorships are terminated upon the death of the proprietor. Until the business is assumed by a new owner the business remains a part of the deceased proprietor’s person’s estate.” (Bartschi, 2001, pg 21) 4) The owner/operator has total control over all the decisions that need to be made in regards to the business. 5) The owner/operator retains all profits. 6) If the owner or operator chooses to relocate his business, all he will need to do in the new location is fill out a new DBA (How to Move Your Business,LLC or......

Words: 1535 - Pages: 7

Different Business Types

...Introduction to Business Unit 1 IP Tania Scott January 12, 2014 Abstract This paper takes a look at the different business types that a person can get into. The person has an invention that will make life easier. The paper goes through the legal aspects of a sole proprietorship, partnership and a corporation. Know these will help the person to determine which would be better for them. Sole proprietorship is easily and inexpensive to establish. The owner can do business in their own name. It carries little ongoing formalities. The sole proprietor does not need to pay unemployment tax on themselves. Owners can freely mix business or personal assets. These are some of the advantages of a sole proprietorship, now for the disadvantages. The owners are personal liable for the debts, losses and liabilities of the business. They cannot raise capital by selling interest in the business. The business rarely survives the death or incapacity of the owners and do not retain value. ( A partnership is created when two or more persons engage in a business enterprise for profit. The advantages of a partnership are that is easily and inexpensive to start. They do not require meetings or few ongoing formalities. It offers favorable taxation to most smaller businesses. ( They do not have to pay minimum taxes. The disadvantages are all owners are subject to unlimited personal liability for the......

Words: 453 - Pages: 2

Business Types Mash Up

...Business types Mash up: Business mashups are useful for integrating business and data services, as business mashups technologies provide the ability to develop new integrated services quickly, to combine internal services with external or personalized information, and to make these services tangible to the business user through user-friendly Web browser interfaces. Business mashups differ from consumer mashups in the level of integration with business computing environments, security and access control features, governance, and the sophistication of the programming tools used. Another difference between business mashups and consumer mashups is a growing trend of using business mashups in commercial software as a service offering. Google Maps is a web mapping service application and technology provided by Google, that powers many map-based services, including the Google Maps website, Google Ride Finder, Google Transit, and maps embedded on third-party websites via the Google Maps API It offers street maps, a route planner for traveling by foot, car, bike (beta), or with public transportation and a locator for urban businesses in numerous countries around the world. IBM Mashup Center — a comprehensive mashup platform, supporting line of business assembly of simple, flexible, and dynamic web applications - with the management, security, and governance capabilities IT requires. Mashup Center is designed for non-technical business users to IT project......

Words: 366 - Pages: 2

Types of Influential Business

...How Well Can You Execute the Concept? While it’s great to have a solid business idea, it’s quite another thing to execute it well. Your idea about selling doggie teeth whitening might be a viable concept that the marketplace needs, but how well can you execute it? How do you manufacture the product? How well does it work? How easily is it applied? How do you market and deliver the product? These questions and others are critical issues to consider when contemplating how well your business idea scores on execution: How will you provide great customer service? What is the quality level of your product/service? How efficiently can you produce your product/service? What is your time to market? How is your product/service produced? Fulfilled? How easy/difficult is it to market the product? 3. Profitability: Is Your Business Model Profitable? Unless you’re starting a nonprofit, most entrepreneurs are hoping to be profitable. (If you’re not managing your profit levels, you won’t be around very long most likely.) As part of this analysis, it’s important to evaluate your overall business model. For your dog whitening product, you should consider your pricing structure? Are you selling whitening pens individually or in bulk? Are you only selling pens or also providing a whitening service? Where will you sell: online, through vets and spas or at retailers? Consider these questions to help evaluate your business model and profit potential: What is your cost structure? What are......

Words: 525 - Pages: 3

Types of Business Writing

...Types of business writing Use this method if you'd like to upload a document from your computer. We support the following file types: doc, docx, pdf, wps, rtf, odt Use this method if you'd like to upload a document from your computer. We support the following file types: doc, docx, pdf, wps, rtf, odt Use this method if you'd like to upload a document from your computer. We support the following file types: doc, docx, pdf, wps, rtf, odt Use this method if you'd like to upload a document from your computer. We support the following file types: doc, docx, pdf, wps, rtf, odt Use this method if you'd like to upload a document from your computer. We support the following file types: doc, docx, pdf, wps, rtf, odt Use this method if you'd like to upload a document from your computer. We support the following file types: doc, docx, pdf, wps, rtf, odt Use this method if you'd like to upload a document from your computer. We support the following file types: doc, docx, pdf, wps, rtf, odt Use this method if you'd like to upload a document from your computer. We support the following file types: doc, docx, pdf, wps, rtf, odt Use this method if you'd like to upload a document from your computer. We support the following file types: doc, docx, pdf, wps, rtf, odt Use this method if you'd like to upload a document from your computer. We support the following file types: doc, docx, pdf, wps, rtf, odt Use this method if you'd like to upload a document from your......

Words: 304 - Pages: 2

Types of Internal Business Communication

...Unit 4 business communication Explain the different types of information, their sources and purpose that exist for a chosen business, I have chosen Tesco. Telephone Purpose of information - communicating to someone via telephone can be fast way to give someone important information for example a change in time for an important business meeting. Telephoning someone is much more personal than emailing or sending a letter. One disadvantage of telephoning someone is that you don’t always have single and sometimes people have their phones switched off, this is not good if you need to make an urgent phone call. But you can always leave them a voice mail message. Source of information(internal and external) - one way a phone call could be internally used by Tesco is if a manager needed extra staff urgently he or she could ring up staff they think would be able to make it in such short notice. One way Tesco could externally use a phone call could be to contact a customer about a complaint they made. Face to face Purpose of information – face to face is a lot more personal than a phone because you can see their body language and f acial expressions, for example you can see whether they are showing signs of confusion so you can slow do and try and explain what you are saying more clearly. By talking to someone in person you can give them more direct information. Source of information (internal and external) – one example of internal face to face use In Tesco would be if an......

Words: 1917 - Pages: 8

Types of Business Structures

...Introduction The following paper will identify the different types of business structures. The paper will demonstrate of how each type of business structure would benefit the business owner and some possible disadvantages to certain business structures. Each type of business structure can help the business partners by protecting them both legally and financially. Business founders want to get their business, up and running as soon as possible by starting a business without exploring the different types of business structures, a business owner loses the opportunity to protect themselves from certain tax issues and legal concerns, which can be avoided by structuring their business in certain ways. Starting your business The beginning of starting businesses is financial. You have to know what the steps are in order to develop your own business. The official business link to the US government,, provides free training and counseling services such as preparing a business plan and getting financing. By researching some and skill building, using the resources available on the government business link, the new proprietor will be prepared to meet the challenges associated starting a new business venture. Financial skills and management skills must be determined in a very realistic manner. A financial management section of the business plan should explain plans for funding the company and the initial amount of equity capital. Potential......

Words: 1193 - Pages: 5

Business Types

...main ecommerce business models, B2B (business to business), B2C (business to consumer), and C2C (consumer to consumer) and these three main models can combine other models which consist of merchant business model, advertising business model, affiliate business model, brokerage business model, information business model, and subscription business model. The B2C business model is a e-tailer business model, which is one of my chosen examples, entails virtual merchant, bricks and clicks, catalog merchant, and manufacturer direct, and as with any business models several can be combined for any business. My second example is a B2B business model that is an E-procurement business model which is a digital market that is a supplier exchange as in business to business or business to consumer through the internet. [ (Laudon, 2012) ]. The first business I chose to research in my project is Sears. Sears started with watches and then expanded to jewelry, later adding clothing, tools, electronics, appliances, and car service. After many years of operating as just Sears, they expanded their business by buying out Kmart; this caused them to have higher sales and a larger customer base. Sears is fourth largest retailer in the United States and Canada with over 4,000 retail stores and it leads in selling home appliances, tools, and lawn and garden, electronics, and car maintenance. Sears is a B2C (business to consumer) business model and an e-tailer (bricks and clicks) business model which......

Words: 1546 - Pages: 7

Types of Business (3)

...Types Of Business There are many different advantages and disadvantages of different types of ownership within the business sector. Before you start you’re new or expanded business plans. You need to explore all the options available to you. Will you be a Sole Proprietor or a Corporation or everything in between? The following report will examine six different business organizations in detail. Sole Proprietorship: is when the business is fully owned and managed by one person (others can be employed to help run the business) as the sole proprietorship only monetary income is from the business, you don't receive a paycheck. If you need money for living expenses, you take a draw. A Sole Proprietor, personal and business taxes are not separated. Therefore, your tax return will include business profit/ loss, as well as other personal income on your 1040. Also it's hard to raise capital to expand your business. These types of businesses are located in the small business sector and usually covering local areas. A few examples of sole proprietorship are barber shops, mechanic shops, hobby shops, plumbers, etc. Sole Proprietorship have unlimited liability, which means if the business fails, the owner is 100% responsible financially for all debts, it has occurred while open. Also his personal assets and possessions will be used to settle his responsibilities from his business. “A sole proprietorship avoids the expense of forming a partnership or corporation, and is the easiest...

Words: 2086 - Pages: 9

Microsoft Windows 98 Second Edition x86 MSDN HUN | épisode 5 | Allwin (185)