Saturday, May 7, 2011

Bye Erin Burnett







I am not a fan of her or her work but i am very glad that cnbc gave her a nice farewell. Seems like she got some good friends and loved her job and thats always nice to see....I wish they did as nice a tribute to Dylan, Margaret, and Rebecca.

and here is the Giraffe Dress segment Cramer was talking about:



with screenshots


Monday, April 4, 2011

Subways Success

Subways is now the largest Franchise in the WORLD. (it overtook MCD in 2002 to become the biggest franchise in America)

keys to success:

  • Subway has a franchise fee of $15,000 (McDonald's charge a franchise fee of $1,012,200 to $1,840,00)
  • simple equipment keeps cost and space down.
  • There's no fryer, with its expensive exhaust system
  • meat arrives already sliced (Subway's home state of Connecticut requires that anyone operating an electric slicer be at least 21 years old.) - That allows us to hire high school kids."
  • adding breakfast didn't require additional equipment. Eggs come precooked and frozen and are heated in the oven.
  • 7 percent of the 2,300 loans made to Subway franchisees between 2000 and 2009 defaulted (Competing sub chain Quiznos had a failure rate of 25 percent.)


Read more at Jacksonville.com: http://jacksonville.com/business/2011-03-08/story/subway-passes-mcdonalds-worlds-largest-restaurant-chain#ixzz1IZ7rdZAk