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Research and analyze McDonald’s franchise system from the Top 50 Franchises 2020 list below.
Research and analyze McDonald’s franchise system from the Top 50 Franchises 2020 list below. Provide a 1 page summary of the McDonald’s franchise. Your summary should include
a paragraph providing a company overview and franchisor background;
basic company statistics including year established, global sales, number of units, percent franchised, sales growth;
a link to a recent news item about the franchise;
an overview of the financial requirements to become a franchisee of your chosen company (e.g. net worth, cash requirements);
an overview of the estimated initial investment, major ongoing fees for your chosen company (e.g., franchise fee, royalty fees), and other major requirements (e.g., training, mandated requirements, captive inputs);
a short summary of the support provided by the franchisor to franchisees; and at least one pro and one con to becoming a franchisee (of this company or generally).
Be sure to cite your sources (e.g. lectures, library sources, industry or franchise publications).