Bloomberg: McDonald’s Corp., the world’s largest restaurant chain, should open an outlet a day in China as it challenges Yum! Brands for dominance in Asia’s largest economy as rising salaries boost spending on fast food. “We should be opening a restaurant every day in the next three to four years†in China, Peter Rodwell, company […]
McDonald’s To Open A Restaurant A Day In China In Four Years Read More »
MarketWatch: When it comes to franchising in today’s economy with its new-normal lending constraints, restaurant chains are opting for larger, more experienced partners while eschewing mom-and-pop bids. Even McDonald’s Corp., which several decades ago regularly took chances on the new single-location entrepreneurs, is now only interviewing people with $500,000 in their own cash and other
U.S. Restaurants Turn To Franchise Partners Read More »
AllBusiness (blog): It’s often said that the biggest mistake new franchisors make is undercapitalizing their new businesses. This happens because companies new to franchising do not realize that the most expensive part of the life of a franchisee relationship is in the early months when a franchisee needs training and intense levels of assistance. It
The Real Cost Of Franchising Your Business Read More »
