“Joel, how much is a McDonald’s franchise?” “How much does a McDonald’s franchise cost?” “Joel, I’m curious. What is the cost to open a McDonald’s” And so on. All variations on the questions people ask me about McDonald’s. And I’ve been asked these questions hundreds of times over the year. Ok. Maybe not hundreds. But […]

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Tony Philiou has been one of Ohio’s most successful McDonald’s franchise owners since 1978. And lucky for me, one of his franchise locations (Mayfield Heights, Ohio) sits a mere 1.75 miles from my Castle. But what makes Philiou extraordinary? Is it the fact that he’s 90 years old? Nope.   Some McDonald’s Franchise Owners Are […]

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McDonald’s founder, Ray Kroc, was a genius, who by the time of his death in 1984, had helped McDonald’s become the world’s largest restaurant franchise. And at the time, he was one of the most successful businessmen in the world. Wait until you see what Ray Kroc’s net worth was. Moreover, Ray Kroc helped the […]

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I’d like to tell you a story about The Burger King® Whopper® With Cheese I wasn’t allowed to purchase. Why? Because I still can’t believe it happened.   The Fast Food Urge Sometimes we get the urge. It’s usually when nothing in the refrigerator is appealing. Same goes for our dry goods section. Soups are […]

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Do you have an idea how many times I’ve been asked what it takes to become a McDonald’s franchisee? Dozens and dozens of times. But why am I asked about McDonald’s so often? I think you know the answer.   Because Money Simply put, people are interested in becoming a McDonald’s franchisee because they know […]

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There are so many things I didn’t know about Joan Kroc, who was a multimillionaire. That’s probably because of her entrepreneurial husband, Ray Kroc. He was the one who was always in the spotlight. Because McDonald’s. Here’s why I now know a heck of a lot about Joan Kroc, the mighty McDonald’s multimillionaire who couldn’t stop writing […]

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According to Fortune®, McDonald’s® has just started testing a breakfast version of the Happy Meal™ for kids. A spokesperson for McDonald’s told Fortune that the test began on Sept. 26 and is taking place at 73 locations in Tulsa, Oklahoma. Read more at Fortune. According to company officials, adding breakfast options would mark the first major […]

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A lot of customers were excited when Steve Easterbrook, the CEO of McDonald’s, served up the news about All-Day Breakfasts. Pancakes at noon? Sausage at 7? Well, their excitement has translated into higher revenue. A real McWin for franchisees and shareholders. And, considering what the McDonald’s franchisees have had to endure the past few years, […]

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If you’re looking into franchising-whether you’re thinking of buying one or maybe creating a new one, it’s important to keep your eye on the latest franchise news. It’s also important to keep your eye on the trends. News One of the things that’s been in the news a lot lately is hourly wages-especially the wages […]

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Once upon a time, there was no internet. No World Wide Web. No digital ads. (Ok. Not that long ago.) But, seriously, there wasn’t an efficient way for prospective franchise buyers to check out potential franchise opportunities. Clicking from one franchise website to another didn’t happen. It couldn’t happen…because there weren’t any websites to click […]

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