Here's where McDonald's could add the most locations
July 31, 2023
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July 21, 2023
Burning Through Cash
CPA firm Quick and Associates' recent newsletter contains an article on calculating break-even sales and also cash burn rate. My first thought was that we all learned that stuff when we were in short pants, but maybe not.
One of the comments from analyst Mark Kalinowski's latest Owner/Operator survey (from a very experienced Owner/Operator) was:
"I find that most operators don’t understand the concept of Capex and think our cash flows are all ours."
A review of this very brief article might be worthwhile.
Breakeven and Burn Rate: Valuable Tools for Managing Performance
Talking Franchiseing - July 2023
On Friday, McDonald's Corp. hosted a franchise conference in conjunction with the International Franchise Association (IFA). Attending were a number of McDonald's Owner/Operators and McDonald's corporate staffers. Also, a number of Chicago politicians who had nice things to say about McDonald's.
One McDonald's corporate fellow seems to be harboring some PTSD from actually working in a McDonald's restaurant for a few days.
The interesting McDonald's comments begin at approximately 27 minutes.
July 18, 2023
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July 11, 2023
History of Subway
The history of sandwich chain Subway did start with Jared Fogle but this infographic is very well done.
July 7, 2023
California Schemein'
In a continuation of his earlier article on California legislation, Jonathan Maze attaches an "Opinion" label to this piece.
Concern over legislation unites McDonald's and its franchisees
And now for the liberal point of view - Capital and Main has convered the topic with their usual leftist slant. But they do mention Robert Zarco and quote a few McDonald's Owner/Operators.
July 5, 2023
The NOA Takes on California
"The McDonald's franchisees were more direct. The bill "will annihilate the businesses and livelihoods of franchisees throughout the state of California."
Which brings Robert Zarco into the discussion:
July 3, 2023
A Little More Tariq Hassan
Do you ever notice when advertising people write copy as they talk? Witness this 80-second interview segment with Tariq Hassan. He brilliantly uses every word to make it appear that McDonald's was stuck in the mud - then he came along. He refers to the company's weaknesses "two years ago." Hassan joined the company 22 months ago.