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Corporate likes the status quo since they get a kickback from the manufacturer for each repair The more I read about franchises, the more I’m convinced that mo
by scarface_74 3y ago
Corporate likes the status quo since they get a kickback from the manufacturer for each repair
The more I read about franchises, the more I’m convinced that most people are just “buying a job” and not starting a business.
https://www.mashed.com/178309/how-much-mcdonalds-franchise-owners-really-make-per-year/ https://www.mashed.com/178309/how-much-mcdonalds-franchise-o...
The rate of return from starting a McDonald’s franchise is less than the average return of just throwing your money into an index fund and most owners work ungodly hours
- 20after4 3y agoJust being a manager in the fast food industry is a really bad job, also. Overworked and underpaid. I wouldn't want anything to do with any of it.
- bombcar 3y agoThe key is they're buying a job they can buy more of later; if you get a McDs off the ground (you need about $500k in cash and assets - like land, you can borrow the rest) you will have a much easier time expanding. Most McDs franchises run a few of them.
- deleted 3y ago[deleted]