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how does mr mcdonald of mcdonalds fast food chain makes money?
i just wonder, hw this people like mr mcdonald or kfc owner makes their money and have control on all these outlets worldwide.
any idea?
4 Answers
- Sir JamLv 71 decade agoFavorite Answer
The same as any other business - profit - charging more for the sale of their products to their customers than it costs for them to purchase the products to sell.
If I buy 100 burgers (to sell) at 50 cents each and then sell each burger for $1, the 50 cents difference is my profit (gross profit as expenses like utilities, rent and staff pay has to come out of the profit and then when all expenses have been deducted, it is net profit that remains)
- 1 decade ago
Well MCdonald and KFc makes money just like any other business. They have a great recipe that people love to eat. They have created a great corporate structure with simple recipes and there lies great opportunity for us. It tells us that if you have an idea go forward and try it. Without trying it you will remain overawed by achievers.
What I like in the ideas of MC and KFC is the corporate structure. There is lot to learn from them.
- cowansLv 45 years ago
interior the city the place I stay McDonalds is the only speedy nutrients eating place and it in basic terms opened right here approximately 2 weeks in the past. i've got not been and don't likely intend to. as quickly as I do end at a McDonald's it quite is because of the fact i've got have been given a prepare connection in someplace like Verona or Florence and in basic terms have a couple of minutes to snatch something speedy.
- 1 decade ago
lieng and deceiving the customers