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Interview with Business Owner

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Interview with Business Owner
Nilima Rawal
BMGT110

University of Maryland University College
September 23, 2012

Abstract
For my interview I decided to choose the owner of 6 different Subway Restaurants in Maryland. It was an honor to interview my friend "Mr. Sharad Doshi". He has been in this industry for past five years. I chose him because he has been an inspiration to everyone. Looking at his accomplishments, makes us feel very proud and I knew for sure, for me, the best person to interview would be him.

Subway is an American Restaurant Franchise that primarily sells Sandwiches (Subs) and Salads. It is owned and operated by Doctor's Associates, Inc. (DAI). Subway is one of the fastest growing franchises in the world. For the second year in a row, the SUBWAY® Restaurant chain has been awarded the Number One ranking in the Franchise Direct Top 100 Global Franchises Rankings, (MILFORD, Conn., May 2, 2012 /PRNewswire/ CT-SUBWAY-Franchise)

Mr. Doshi was always inspired by Subway as it offered healthy life style at a very affordable price. Subway offers healthy meal options at a very affordable price to the people. Also, he was looking for strong, proven franchise business. According to Subway's official website, Subway was second largest franchise in 2007. The growth of the company was significantly higher than QSR (Quick Service Restaurant) industry. DAI has developed a very good system to Franchise their locations. He completed online application process and then finished the written examination. After that he successfully completed business plan and reviewed with Subway executives. The whole process took about 3 to 6 Months. Finally, he opened his first Subway store in Frederick, Maryland in 2007.

Mr. Doshi's organization has several corporatizations formats, such as “S” Corporation and LLC formats. As per there specific requirement at that time, his attorney and his accountant guided him to open "S" Corporation or LLC


References: Doshi, S. (2012) Interview with a Business Owner (Conducted in person). Analysis of a small business for BMGT110, Interview by Nilima Rawal, September 15, 2012 Boone, Gene, Kurtz, David. (2012 update) Contemporary Business, 14th ed. Hoboken, NJ: Wiley & Sons. MILFORD, Conn., May 2, 2012 /PRNewswire/ CT-SUBWAY-Franchise Subway (n.d). Retrieved from http://www.subway.com
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