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Quiznos Gives Up Control To Stave Off Bankruptcy
Quiznos once boasted 5,000 restaurants, but a slumping economy, higher supply-chain costs and tough competition from Subway have left the sandwich chain in tough straits. After seeing hundreds of its stores close, Quiznos gave up control to one of its biggest creditors to avoid bankruptcy.
Read more...Starting A Business After 50: 5 Things You Need To Know
Starting a business after the age of 50 is obviously a lot like starting a business at any age. All companies pretty much have the same rules for achieving success -- find a new idea; treat customers well; deliver value; outpace the competition.
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