History of McDonald’s Franchises
Money Matters & Business Start-Up
Avoiding Financial Pitfalls Traveling salesman Ray Albert Kroc started the McDonald’s empire after buying the name and concept from the McDonald brothers in the 1950s, but turning a profit proved to be a challenge, despite the popularity of the hamburgers. Although Kroc sold 200 franchises within five years and the unit’s were grossing $37 million […]