Last Updated 12 May 2020

McDonald’s to start franchising

Category Mcdonalds
Essay type Research
Words 229 (1 page)
Views 114

In 1954, a 52 year old salesman Ray Kroc was an exclusive distributor for multi-mixer milkshake machines. Dick and Mac McDonald ran a small hamburger stand in San Bernardino, California. At the time the McDonald brothers did not intend to expand their business nation wide. Ray Kroc became their exclusive franchising agent for the entire country; Kroc bought McDonalds for $2. 7 million. Kroc formed the new franchising company in March 2, 1955, under the name of McDonald's System, Inc.

This was the start of McDonalds as we know it today. In 1974, McDonalds opened its first restaurant in the UK. Today over 2. 5 million people in the country rely on McDonald's every day - trusting the company to provide them with food of a standard, quick service and value for money. In 2005 the UK supply chain spent over i?? 425 million ensuring that McDonalds delivered high standard menu choices to their customers. In 2005 over 17,200 dedicated British and Irish farmers helped McDonalds to achieve this target.

McDonald's is the largest user of recycled paper in our industry, which includes such items as tray liners, fry boxes, serviettes, carry out bags and drink holders. A McDonald's franchisee and his or her team can be found supporting various local schools, youth athletic teams, senior citizens' groups, safety awareness campaigns, literacy programs, environmental projects and local fundraising initiatives in their communities.

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McDonald’s to start franchising. (2018, Jun 24). Retrieved from https://phdessay.com/mcdonalds-to-start-franchising/

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