McDonald's Franchise Is Always Going Strong In the Franchising Industry... Why?
People are still lovin' McDonald's® no matter what!
As we all know, McDonald's® has a strong presence in the fast food industry and anyone can point out those golden arches. The first McDonald's® was founded in 1940 and by 1955 was entering the franchising industry, and from there it was history!
McDonald's® has locations all over the world, with loyal customers in every location. So, with McDonald's® expansion, innovation and constancy have proven their spot as a top fast food franchise even when the industry starts to experience price hikes. In fact, McDonald's® sales have even jumped to 12.6% as well as their stock booming this past year.
While people are still extremely loyal to the brand, it is believed that the new technology and accessible ways to order food through mobile apps, plus loyalty programs have really driven sales and stock value.
Would you be interested in owning a McDonald's or a fast food franchise?
Talk about a safe bet! A McDonald's® franchise is one of the most identifiable brands in the entire world. The McDonald's® Golden Arches logo has become one of the most ubiquitous marketing symbols ever. Happy Meals, McDonald's® French fries, chicken McNuggets, the Big Mac. McDonald's® has led the way in the innovation of fast-food trends one after another. Since 1940, when McDonald's® Corporation first opened as a barbecue restaurant, then a hamburger stand, it has grown into the largest chain of fast-food franchise restaurants on the planet, serving some 68 million customers every day in 119 countries.- Five Guys Burgers & Fries Franchise
TOPZ® quick service, casual dining restaurants serve great tasting, fresher and healthier versions of classic American food. TOPZ® products are made with higher quality ingredients and served with less fat than typical food fare. TOPZ® quick service approach offers the benefits of a faster delivery system while serving premium products normally found in full service restaurants. TOPZ® focuses on nutrition and healthier eating habits by harnessing the trends of the future meeting the demand of today's consumer.
Franchisors Exposed to Liability Based on the Conduct of their Franchisees
Facts that have been considered relevant to whether a franchisor might be exposed to vicarious liability regarding the conduct of its franchisees include:
Prospective Franchisees - The Financial Questionnaire
The first qualification considered and investigated is often the prospect's financial situation, so as a franchise applicant you will need to be familiar with the financial jargon that a franchisor may employ in their questionnaire.
18 Questions for Potential Franchisees to Ask Themselves: Part 1
Franchises are among the most profitable business options available, but potential franchisees often have no idea what they should know or ask themselves before they get started in franchising. We've talked to franchisors and franchisees to compile this list (In a two-part series) of the 18 questions you must ask yourself as you explore getting into franchising.
