McDonald's was founded in 1955 and began franchising. A man named Ray Kroc, who was a dairy mixer seller, met the brothers Dick and McDonald, who owned a small hamburgers' stand. He noticed that customers were served easily and proposed that the brothers start the restaurant chain. You did, and Kroc became your company partner. McDonald's and the Golden Arches signature have been international trademarks since then. For more information, visit www mcdvoice com.
They proclaim their signs "millions served," and this is not an exaggeration. McDonald's is the world's largest fast food chain, with over 32,000 stores worldwide.
McDonald's has long been proud of the consistency and pace of food preparation. The Big Mac, Chicken McNuggets and Egg McMuffin are common and well-known menu items. Children's foods, called happy meals, are the industry's most popular children's meals. Larger McDonald's locations also have slides, tubes and even ball pits to play in when their parents are dining, or for celebrations. 'A kid deserves a fun lunch.'
Ronald McDonald is the well-known mascot of McDonald's chain, but never a human human. The origin of Ronald McDonald is Willard Scott, who experimented with the monic "Ronald McDonald, the Hamburger-Happy clown." In 1963, this was the first exposure seen on TV of the character. Ronald McDonald is only second in appreciation to Santa Claus. The President of the Northeast Division took part in the Today Show in 2000 and praised Willard Scott for having produced Ronald McDonald.
McDonald's brings the Ronald McDonald House Charity back to the city. This foundation gives homes to families who are hospitalized by children but have to drive far from home for care. The families get these homes at low or no cost so that they can be close to their child during the stressful period of long-term hospitalization. The Ronald McDonald House still provides families the best recovery services possible. This charity has tremendously strengthened the company's image and maintains these families in homes that are so badly needed. The Ronald McDonald House Charities also gives scholarships and grants to charitable organisations for students who can't afford education. McDonald's is very community-oriented, and highlights how it respects people and also offers outstanding customer care at each venue. Bad customer service is not accepted and will stop immediately.
The cost of launching a McDonald franchise is very high, but the profit margin is much higher for each franchise. The initial fee is $45,000 and the overall projected franchise expense varies from $1,057,200 to $1,885,000. To apply, the candidate must have at least $500,000 in non-credited funds, and must have extensive sales experience, solid managerial skills, customer support and good credit background. A monthly service charge is dependent on revenue results of the franchise but normally 4%.
When it comes to starting every venture, particularly given today's environment, it is crucial that you look for clear ways to mitigate or reduce overhead and risk. Any organization would have a risk, but it is important to understand thoroughly how much funding, start-up costs, and "ROI" (Return on Investment).
Many people do not know that in the first 2 to 5 years 80% of ALL franchise operations have collapsed, leaving huge debts for years to come.
One alternative, and in my view, the safest way to cut overhead, start-up and acquisition expenses is to take advantage of the modern era of industry and start a business from home.
