TIM HORTON takes over the world!
by jonathanli ~ September 27th, 2010“How Time Hortons will take over the world” shows the readers how big their industry has grown and the numerous changes that made this small business into a world renown multimillion-dollar franchise. This article covers their growth, franchisee ownership, and their ethics.
The title of this article struck me and caught my eye as I was not a regular Tim Horton go-er and yet this franchise is growing exponentially world-wide. Although this company started off as a small business their brand is being more and more publicly well known. This is revealed “as its share of the coffee market … captures 67% of Canada’s quick-service restaurant traffic in the morning (compared to McDonald’s 11%).”
Tim Horton’s belief in consistency with the coffee is not only important for their coffee advocates but a very important value as this helps set a routine which will stabilize a growing franchise. This type of consistency may be the reason of their “boom” in sales as they hold a very strict policies with how their coffee is made. This type of detail is a strength seen in this company as they make sure that all the coffee is similar in look, taste, and smell. I believe that their ambitious nature also gives this company a competitive edge as they are not “satisfied with mere domination of the market” but strive to open nearly 1,000 more stores.
Although this company is growing minute by minute, members of the community comment about Tim Horton’s lack in quality. An individual commented that there is a negative association with fast-food-restaurants who have the mentality that “bigger” is “better”.