Thursday, February 24, 2011

McDonald's Franchise Costs- Financial Requirements and Start-Up Costs to Open a McDonald's

Author: malini


McDonald's is the largest food retailer in the world. There are lot of pros and cons of becoming a McDonald's franchise. Let's take a look about the McDonalds' financial requirements and its cost. The other competitors for McDonald's food restaurant are King Burgers, Jack in the box, and other companies.


All over the world, many people wish to eat delicious, yummy, and lip smacking food. McDonald's food items are popular among the people throughout the world. Nearly, McDonald's has more than 35,000 restaurants in 119 countries. McDonald's company was started in the year 1955, and the major role of this company franchising.

McDonald's company has a predominant way of doing business, and mostly relies of franchise business. Probably, you would be buying McDonald's restaurant or existing restaurant from the McDonald's franchise.
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Due to it's unrivaled popularity, entrepreneurs always wish to be a franchise of McDonald's. They are likely to succeed in this business, and there are some requirements to become a McDonald's franchise member. Just visit their company website, and you can check out the franchise opportunities.

If you are willing to invest your money and time, therefore, you would be able to achieve tremendous growth financially. You would be rewarded for your achievements, and you would be earning experience.

McDonald's food item ensures that they provide quality and fresh food. They do twenty quality checks on every food item. McDonald's food items are prepared with the freshest quality. Generally, they choose the restaurant in the most convenient place such as shopping malls, workplace, entertainment, stations, education, bus depots, and transit points.

Financial cost of McDonald's company: For purchasing an existing restaurant one has to pay 25% of the total cost, and for new restaurant one has to pay 40% of the total cost. The other financial requirements would be discussed in detail personally such as securities, bonds, cash on hand, vested profit sharing, sales tax, and debentures.

If you are planning to buy McDonald's restaurant in any place that you reside, then the total cost would vary from a restaurant to other restaurants. There are certain limitation and rules in becoming a franchise. Minimum school grade or graduate or any experience in the related field. Probably, for food Retailer Company, anyone who has much knowledge on the franchise of the food products, or experience could easily gain more money.

In some premises, McDonald's operate 24 hours, and others operate restaurants in-between 8-24 hours. McDonald's franchise cannot do any modification in the employment, and they are not authorized to do so.

There are many benefits in being a Membership of McDonald's. It has been estimated that people have become millionaires by being a McDonald's franchise, and some of them have ended up losses in their business too.
Article Source: http://www.articlesbase.com/franchise-articles/mcdonalds-franchise-costs-financial-requirements-and-start-up-costs-to-open-a-mcdonalds-4197160.html

About the Author


http://maliniglow.wordpress.com/

3 comments:

  1. McDonald's are quite a reputed brand all across the globe. I can hardly find any reason so as to why McDonald's franchise won't be successful, apart from location issues.

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  2. The main thing is that when you begin a business or buy an current business franchise then you know exactly how much investment you will have to do in that. This McDonald franchise become very popular now.

    business franchise opportunities

    ReplyDelete