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skelet666 [1.2K]
3 years ago
7

McDonald’s requires $750,000 in cash or liquid assets, a __________ initial fee, plus a monthly service fee based on the restaur

ant’s sales performance and rent.
Business
1 answer:
nignag [31]3 years ago
6 0

McDonald’s requires $750,000 in cash or liquid assets, a $45,000 initial fee, plus a monthly service fee based on the restaurant’s sales performance and rent.

Explanation:

According to McDonald's, total project expenditures, including construction costs and upgrades, vary from $1 million to $2.2 million. The number is determined by the restaurant geography and scale and the preference of kitchen equipment, branding, design style and landscaping.

McDonald's charges a franchisee premium of $45,000 and a monthly service rate equivalent to 4% of gross sales. Franchisees also have to pay rent, a proportion of the monthly sales to the client.

The International Union of Service Employees estimates that franchisees pay an average of 10.7% of revenue in rental costs.

The startup costs for McDonald's franchisee are like those of KFC, Wendy and Taco Bell.

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Worker productivity is one of the most important factors that help determine the performance of an economy. Which definition bes
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7 0
2 years ago
During 2022, Sheridan Company entered into the following transactions.
malfutka [58]

Answer with its Explanation:

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Transaction 3: The purchase of inventory on account means that the current asset would be increased and the payables will increase with the same amount. The effect on the accounting equation is given as under:

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4 0
3 years ago
What does each employer that has employees with occupational exposure to human blood or opim need to have?.
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Answer:

Each employer who has an employee (s) with occupational exposure to blood or OPIM is required to document an exposure determination. The exposure determination is made without regard to the use of personal protective equipment since employees are considered exposed even if they wear personal protective equipment.

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he Bread Company promotes its brand in new international markets by providing rights to local bakeries and bistros to use its re
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Licensing -

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3 years ago
Read 2 more answers
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