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Tim Hortons

Tim Horton's is one of the


biggest names in Canada, having
opened 5,352 stores in not only
Canada but 15 other countries.
Tim's is mostly known for their
doughnuts and coffee but has
recently started to branch out
into other
Jim charade and Tim Horton's opened their
first doughnut shop in Hamilton, Ontario but
this was not the first doughnut shop Jim has
ever made
Before Jim worked in a doughnut factory but
wanted to open his shop so he did but found
that it wasn’t as successful as he thought it
would be. He needed someone famous to
boost his shop’s popularity, and that’s when
he found Tim.
Tim Hortons was defenseman for
the Toronto Mapleleaf's and was
an 4x Stanley Cup champion and
6x All-Star, but since money was
still tight, he had multiple
businesses as well. He met Jim
when he was selling him a car.
Jim and Tim opened a place together,
but it wasn’t the usual doughnut
place that we know today, instead it
was a burger joint since Tim would
only join Jim if he changed it, but
sadly the place failed. So, Jim tried
again to get Tim on board with the
doughnut idea and Tim agreed
the doughnut shop turned out well, but part of their
success was because they franchised stores instead of
buying them, making their name spread across
Canada easier
Tim Horton's went through
three franchisees and all the
relationships lived very short
lives. Soon after Jim left the
company, and Tim sought out
the third franchisee who was
named Ron. Ron accepted and
Tim and Ron were now
business partners
in 1997 Tim Horton died in a car crash and Ron bought
the company from Tims wife. Now Tims is thriving with a
Canadian operations generated sales growth of 13% and
international revenues rose 18% it is no wonder why Tims
is a household name in Canada.
INNOVATION

though Tims may seem like it is an invention I


believe that it is an innovation since Jim
originally started with a doughnut shop before
Tim and after a few mishaps they went back to
Jim's idea and tweaked it to make it better.

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