In order to stay on top of competition, Tim Hortons needs to innovate new and creative products keeping in mind healthier options as consumer trends change. There is a world of opportunity especially in china and India, through joint ventures Tim Hortons can share with the world the great Canadian coffee. …show more content…
Indirect competitors the likes of K-cups and pop and mom shops. New government regulations regarding minimum wages and employment laws can have significant impacts on Tim Horton’s revenues.
Tim Hortons has a lot of room for improvement. Tim Hortons is a house brand in Canada, however it is a very little known brand outside of North America. They offer a limited selection of products and U.S. expansion has been sluggish. As Tim Horton’s tries to compete with competitors and keep prices competitive while retaining value, it has had a negative consequence on franchise