Deluca said the number one issue facing Subway
franchisee owners is how Obamacare will impact their expenses, noting any
increase in costs will be passed along to the consumer through higher prices.
Additionally, when asked about the modern business
climate for young entrepreneurs, the Subway founder stated “Subway would not
exist” if he started it today due to onerous government regulations:
SIMON HOBBS: It’s 13 years since you wrote the book
“Start Small, Finish Big” which was about grass roots entrepreneurship. Do you
think the environment for those chasing the American dream by setting up their
own business has gotten worse or better in those 13 years?
FRED DELUCA: It’s continuously gotten worse, because
there’s more and more regulations. It’s tougher for people to get into
business. Especially a small business. I tell you, if I started Subway today,
Subway would not exist, because I had an easy time of it in the ’60s when I
started. I just see a continuous increase in regulation.
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