Some Will be Educated, Some Will be Angry

Anonymous submitted a recent YouTube video about McDonald's.

I suppose many McDonald's people will find this video offensive, but he did a good job of balancing out the advantages and disadvantages of the franchise. And he used the FDD (Franchise Disclosure Document) as a source, which means he's read it - something few franchisees have ever done.

And yes, he gets a few things wrong, such as implying that all a franchisee needs to do to get a renewal is pay another franchise fee.

It's good that it's up to date and addresses contemporary issues like price-fixing.

Run time: 38 min +

YouTube video on McDonald's franchise

Taco Bell Needs New Suppliers

Taco Bell to stop buying from Taylor Farms - MSN

Outbreak linked to Taylor Farms - MSN

Chick-fil-A Modernizing Playgrounds

The objective is to create a place of connection - NRN

Taco Bell and the Outbreak

Taco Bell is reportedly being investigated as a potential source of cyclosporiasis outbreak

Congressman Chuck Edwards Sells His McDonald's Franchises

After fifty years - started as a crew person

Lots of good discussion here: Who cares about your P+L?

McDonald's Career Employees Getting the Chicken Finger

Maybe it was over adult beverages after Co-Op meetings, but during McDonald's growth years, Owner/Operators worried that as the company grew, we would develop corporate people who would leave and end up using their McDonald's experience to build out our competitors.

While that didn't happen (with a few exceptions), the PJB regime has done the opposite. He has flushed thousands of experienced McDonald's corporate staff and Owner/Operators while bringing in staff from other chains or people with no experience just because they went to the right schools.

These people will hang around just long enough to pad their resumes.

McDonald's hires Raising Cane's vet to lead development

https://www.linkedin.com/in/bryanbrowncdo/

Jonathan Maze Reviews Prototype McDonald's Store

"After some tweaks, the company expects to open it to franchisees whose restaurants are due for a remodel, or who are planning new locations."

Kevin Hern Headed for U.S. Senate

From Golden Arches to upper chamber - NY Post

Who Cares About Your P+L?

It's difficult to make investors concerned about restaurant profitability. They may be brilliant when it comes to the corporate balance sheet, but still do not understand how sales increases do not always make it to the restaurant bottom line. Or they may be very judgmental about how much a franchisee is allowed to take home. And they sure don't understand it when the CEO talks about " franchisee cash flow" without factoring in franchisee debt service.

So the following article is a pleasant surprise in that it explains: 

"The real question is whether the company's value strategy can generate enough traffic to outrun the margin pressure it creates for its operators".

The real risk squeezing McDonald's stock - Trefis Team