McDonald's Franchise Is Always Going Strong In the Franchising Industry... Why?
People are still lovin' McDonald's® no matter what!
As we all know, McDonald's® has a strong presence in the fast food industry and anyone can point out those golden arches. The first McDonald's® was founded in 1940 and by 1955 was entering the franchising industry, and from there it was history!
McDonald's® has locations all over the world, with loyal customers in every location. So, with McDonald's® expansion, innovation and constancy have proven their spot as a top fast food franchise even when the industry starts to experience price hikes. In fact, McDonald's® sales have even jumped to 12.6% as well as their stock booming this past year.
While people are still extremely loyal to the brand, it is believed that the new technology and accessible ways to order food through mobile apps, plus loyalty programs have really driven sales and stock value.
Would you be interested in owning a McDonald's or a fast food franchise?
- Five Guys Burgers & Fries Franchise
Talk about a safe bet! A McDonald's® franchise is one of the most identifiable brands in the entire world. The McDonald's® Golden Arches logo has become one of the most ubiquitous marketing symbols ever. Happy Meals, McDonald's® French fries, chicken McNuggets, the Big Mac. McDonald's® has led the way in the innovation of fast-food trends one after another. Since 1940, when McDonald's® Corporation first opened as a barbecue restaurant, then a hamburger stand, it has grown into the largest chain of fast-food franchise restaurants on the planet, serving some 68 million customers every day in 119 countries.
Franchise Buyers Don’t Need a Lawyer – Yeah Right!
These excuses are usually first heard when I meet with a franchise owner who is now asking for advice regarding their dissatisfaction with their franchise relationship. Too late. That is, sometimes it is too late to help them.
Look Out, Overhead: The Advantages of Buying an Online Franchise
Another advantage of an online franchise is that the ‘online shop’ is effectively open all day; revenue can be generated 24 hours a day, seven days a week.Also, an internet-based business is accessible by anyone, anywhere, reaching customers around the globe. Unlike conventional franchises, online businesses aren’t restricted by physical location or traditional hours of operation.
The Kardashians: Marketing Lessons for Every Business Owner
Kardashian matriarch Kris Jenner has been criticized for “pimping out” her children, but the mother’s shrewd dealings may be a smart move. Of the 10% manager fee Kris takes from her family members’ earnings, daughter Kourtney says, “We’d have to give it to someone else; I’d rather keep it in the family,” and Kim states, “She has this vision for us, and she makes it happen.” In fact, it has been reported that Kris “makes it happen” to the tune of $65 million a year. What can business owners learn from this? When the goal is to build wealth, keep it in the family – all of it.