This is pretty interesting….
Wilmington College�s entrepreneur class presented business plans for
new ventures running the gamut from opening a new Subway franchise to
marketing a board game first created by a 10-year-old.
and members of the local business community viewed the class
presentations Monday evening (Dec. 15) at the college. Angela Mitchell,
assistant professor of business administration, instructs the course.
According to the Wilmington News Journal:
received information from the owner of Wilmington�s two Subway
franchises. Also, they addressed industry trends and the support
provided by the corporate office regarding training, management and
Based on selling 6,000 of the $5 foot-long sub
specials each month, they determined the entrepreneurs would recoup
their investment after 7.4 years. That�s 530,000 subs! However, the key
to increased profitability and a more rapid break-even point would be
to sell as much of the higher profit margin items � premium subs,
chips, yogurt, beverages and cookies � as possible.
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