What You Need to Open a McDonald's Franchise

The ability to run a franchise from the McDonald's group can present the investor with a truly life-changing business opportunity. For those who are able to meet the financial and other requirements, a McDonald's franchise comes with so many advantages that it is certainly worth considering.

Great opportunities never come cheap and this is true of the McDonald's franchises too. The capital outlay can be quite limiting for many people. To be considered for the opportunity to open a restaurant, the investor is required to raise a minimum of $300,000. Moreover, this money must be from personal sources - not money borrowed from a financial institution. McDonald's actually prefers to deal with people who are able to make a down payment for several restaurants and who therefore are able to demonstrate the ability to raise funds with ease.

While the ability to raise funds is important, other factors that play an important role in determining whether or not you obtain a franchise include the business experience of the applicant. It therefore helps if the applicant can demonstrate reasonable business management experience. This could be shown by the applicant's record of success in other business ventures. In addition, it is of paramount importance that an applicant demonstrates good customer service skills. Other factors that could aid in the application include the ability to manage funds, the ability to create and stick to a business plan and a good credit history.

Once the initial requirements have been met, the proprietor will have little in the way of additional expenses to keep the business going. McDonald charges a monthly fee equivalent to 4% of sales and, in addition, charges a monthly rent.

The business opportunity presented by a McDonald's franchise is really special when you take into consideration the head start it gives the investor. The company has a global presence and its brand is so well-established that it saves the investor so much in advertising and marketing expenses. Moreover, a new investor is unlikely to start a brand new restaurant. McDonald's actually encourages those starting out not to open new restaurants but to actually buy an existing restaurant. This has several advantages including the fact that the new investor is saved from the agony of developing a clientele which can be a daunting task for any new business. An established restaurant already enjoys some form of goodwill and the new investor could start to enjoy reasonable returns immediately.

Perhaps what makes a McDonald's franchise truly enticing is the fact that a potential investor has a wide variety of locations to choose from. Since the company has restaurants in over 100 countries, this opportunity breaks down geographical and cultural barriers in a really admirable way and could open the door for the truly adventurous investor to not only engage in business with people from far-away lands but also to get to learn new cultures.

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