Tim Hortons had trouble expanding in some areas in the United States because of the competition with the U.S.A companies Dunkin' Donuts, Starbucks and McDonalds; however, it did expand well in places near the Canadian border. Burger King expanded in France by cooperating with other local companies that knows the market: Groupe Olivier Bertrand, along with private equity firm Naxicap Partners. Mr. Joshua Kobza, the chief financial officer of Restaurants Brands International (Tim Hortons and Burger King) said, “It’s not an obvious place that we would do very well”. Also, he mentioned that Burger King had doubts to develop in France because the citizens seemed to prefer formal dinner. As a result, now in France, the second biggest fast food chains is Burger King after McDonalds. In summary, Tim Hortons need to cooperate with local companies that know well the market in order to expand and develop just like Burger King. . Moreover, Tim Hortons is currently trying to expand globally their market in countries like China, United Arab Emirates, Abu Dubai and Saudi
Tim Hortons had trouble expanding in some areas in the United States because of the competition with the U.S.A companies Dunkin' Donuts, Starbucks and McDonalds; however, it did expand well in places near the Canadian border. Burger King expanded in France by cooperating with other local companies that knows the market: Groupe Olivier Bertrand, along with private equity firm Naxicap Partners. Mr. Joshua Kobza, the chief financial officer of Restaurants Brands International (Tim Hortons and Burger King) said, “It’s not an obvious place that we would do very well”. Also, he mentioned that Burger King had doubts to develop in France because the citizens seemed to prefer formal dinner. As a result, now in France, the second biggest fast food chains is Burger King after McDonalds. In summary, Tim Hortons need to cooperate with local companies that know well the market in order to expand and develop just like Burger King. . Moreover, Tim Hortons is currently trying to expand globally their market in countries like China, United Arab Emirates, Abu Dubai and Saudi