November 22, 2011

November 6, 2011

McDonald's chief : Curb Spending and Cut Taxes

"We pay some of the highest [corporate] taxes around the world. There needs to
be some levelling."

Ironically spoken by the CEO of the franchise company that charges higher rents
and royalties than any franchised brand in the world.

From the UK Telegraph


November 5, 2011

The Fight for Fairness in Franchising

"Imagine owning a small business for 20 years, pouring all your time, money and sweat into achieving a decent cash flow and a little equity. Then imagine getting a contract in the mail stipulating that if you want to continue doing business, you must replace thousands of dollars of perfectly good equipment, adjust suppliers or prices or make a dozen other changes that could destroy your bottom line. And if you don't sign, you more or less forfeit your life's work."

Yeah, just Imagine!