Some of the biggest business success stories of recent years involve red-hot franchises like McDonald’s and Subway.
The model behind those popular brands can also be found in the public sector. Memphis city government, for example, is laying the groundwork to bring an innovative series of social programs here that was started in New York City and is being replicated franchise-style around the country.
The idea to put local businessmen in control of many of McDonald’s quick-serve burger joints and Subway’s buffet-style sandwich shops arguably worked wonders for the restaurant industry. Read more.
Photo: Lance Murphey.
