The quantity of current Franchise For Sale preferences on the market is increasing every day, there are many kinds of Franchise preferences but when asking the universal public about franchising the first thing they say is food. The quantity of food franchises available is ever growing and you can hardly drive a few miles without spotting a well-known brand restaurant. This is due to the achievements of these franchises and the business model that it gets across. One of the most successful food franchises is McDonalds, it is the leading and first international food franchise. The McDonalds Corporation is the worlds leading fast food franchise which means that it is the most significant in terms of business model and Franchise Opportunity. The McDonalds brand is built around convenience food such as hamburgers, chips, chicken and soft drinks and recently salads, fruit and pasta. The corporation was created in 1940 by brothers Dick and Mac McDonald, when they opened their first restaurant. It was their distinctive idea of fast food in 1948 that established what we now take as a fast food restaurant. They began to franchise the organisation in other areas as early as 1955. The McDonalds franchise has expanded so significantly that restaurants are now set up in 120 countries around the world and they serve 54 million customers each day. The Corporation also manage a number of other restaurants such as Aroma Café and Boston Market. Their business model is somewhat different to other fast food franchises, in addition to the start up fee for training, supplies and a percentage of the income. McDonalds also pull rent from the franchisee, as the Corporation owns the land that the franchise is put upon, this rent is based on income and is a portion of the Franchise For Sale agreement. McDonalds is not only the leading franchise but it is one of the most successful franchises in the world and there are explanations for this. The key reason is that they are always pushing the envelope and developing new, unique solutions for their consumers. There is now a McDonalds franchise inside a church, on top of the Eiffel tower and in the middle of the Inca ruins. Wherever people are then you will come across a McDonalds franchise, this is not only limited to the Earth, McDonalds are now expanding their franchise to a lunar atmosphere. This revolutionary idea will soon be in motion as more and more work is done on the space station. This will see the fist ever franchise of it’s kind, across all business formats, to be located outside of Earths atmosphere. This will spawn a new age of their business model and more and more businesses will look to follow in McDonalds shoes. If you are researching a business model to track in regards to franchising and you are looking at a Franchise Opportunity then McDonalds is probably the best area to start your career. They have built up a world renowned brand, a solid Franchise structure and are the world leaders in Low Cost Franchise development. If you have the finance to put in a franchise like this and you have the drive to handle one of the worlds most well-known brands then you have the foundation for success. | |
| |
How McDonalds Has Turn Out To Be The Worlds Largest And Most Profitable Franchises.
Published: 31 January 2010 3:41 AM CSTPosted in: small business








