16 Sep About McDonald Franchise
For over 45 years, McDonald’s offered to people with business experience and will trade a business opportunity itself valid in any country. Today, approximately 80% of the more than 30,000 restaurants located in 119 countries, is owned by independent franchisees, making McDonald franchise in the first firm in the world.
McDonald franchise profile is for professionals 30 to 45, preferably with experience in the field of marketing, human resources, procurement or commercial. You must be willing to personally lead an SME with a team of 50 employees or so. Only accept applications from single individuals.
McDonald’s Spain provides the premises and makes the investment in construction, while the franchisee covers the property. There are several types of McDonald franchises, from the conventional with an initial contribution of between 450,000 and 540,000 euros, but only requires a minimum of 200,000 euros – to the BFL with McDonald’s assume the cost of the operation and leases it to the franchisee. In this case, it is necessary to have 51,000 euros of equity capital. Contracts are established for a period of 20 years.
McDonald’s sees the franchise as a genuine partnership between an independent contractor and a company whose reputation and expertise are recognized worldwide. That’s how McDonald’s has built its success.
Without making advertisements or public calls to attract franchise, has established conditions highly selective in choosing who will be responsible for disseminating its institutional image. Investment, beginning with training and intensive training in all areas, are considerably demanding and methods of implementation of highly defined processes and procedures. Only if the applicant meets McDonald franchise with the conditions detailed in depth, may be in a position to access the program that affects Mc Donald for this strategic alliance.
To give an idea about extending the franchise system that offers this giant McDonald American must attend a course of six to nine months to soak up the modus operandi of the company while it is exposed to pre-procedure evaluations during and as a last step before approving the McDonald franchise
Also included are four seminars with a duration of up to two weeks, some of which must be completed at the Hamburger University.
The franchisee must wait three or four years to open his restaurant and give two thousand hours in an establishment unpaid McDonald stipulated that institution.
What are the limitations of the franchise?
In general, make the business decisions are not paid by the franchisees, as it must adapt to the constraints set by the Corporation for the area of operation. The products offered vary according to the country of which we speak, but marketing strategies are not available to franchisees. Prices are set nationally by corporate policies.
At the same time, neither can unilaterally determine the amount of hours that the premises are in operation. Some are allowed to operate 24 hours, others only 8 to 24.
Provided the facilities and the investment is justified, it can be an extension of the facility to include widely known as Mc Auto naturally with the express authorization of inspections that sent the American colossus.
Vendors set up another partnership that led to Mc Donalds to be recognized worldwide. In this sense, managers of McDonald franchise are not authorized to modify the conditions of employment, much less change, even if the costs were substantially lower.
Membership has its benefits when it comes to Mc Donalds
The initial investment costs in fixed assets, essentially, make a McDonald franchise incorporate be a challenge. However, the benefits produced from each site make the case of an attractive business. Many have become millionaires from their McDonald franchise, but it is a reality that have participated in intensive selection processes and a few have fallen by the wayside.
I hope this information about McDonald franchise is much help
David A A Hernandez