While it might seem sad to see a business that is handed passed on from generation to generation like the Caspers Company walk away from its long-time franchising business, the move comes at what can only be described at an awkward time for the Golden Arches. Restaurant Business reports that the value of a restaurant…
Christopher McDonald, Mitchell Turnbull, and Walter Morris were given $48,000 at the University of the Virgin Islands’ annual 13D Entrepreneurship Business Launch Competition, providing them with start-up funds for their entrepreneurial endeavors. The 13D Competition, which took place online May 6, is intended to provide UVI student entrepreneurs with funds to assist them to launch…
Photo courtesy of McDonald’s Saying that the right to operate one of its restaurants is “earned, not given,” McDonald’s is making it harder for franchisees to remain in the system, instituting a set of policy changes for renewing franchise agreements that represent a massive shift in the way the company rates long-term operators. Franchisees, whose…
A fast-food giant has once again found itself in hot water over a coffee, calling to mind a historic case in its not-so-distant past. On Sept. 19, an Alabama woman filed a lawsuit against McDonald’s after claiming she was served a cup of coffee that contained chemicals she says have damaged her throat and organs…
Pieces of Lego bricks are seen in a shop in Paris, France, April 5, 2016. REUTERS/Philippe Wojazer//File photo MOSCOW -The multi-colored toys piling up on the Russian shop shelves may look familiar. But the bright red and yellow Lego store logos have gone, replaced by Mir Kubikov, or World of Cubes. Russian retail group IRG…
McDonald’s has become a staple in fast meals on-the-go. Whether it’s a Happy Meal or a McChicken, the world is lovin’ it. If you’re interested in running a location of your own, McDonald’s actually operates through purchasing and branding existing restaurants. Regarded as one of the most lucrative businesses in fast-food, franchisees can trade using…