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Three Approaches To Put Fresh Spins On Old Marketing Concepts

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Ray Kroc took a California hamburger joint properties of two brothers and turned it into the world’s largest fast-food restaurant chain. This years, McDonald’s has been an innovator from the aspects of both service and menu items, inventing such concepts as the kids’ meal and drink tops with pre-punched access holes. Corporation charges a franchise fee of $45,000, with ongoing royalties of 12.5 percent based on gross annual sales. One’s total investment will run from between $950,000 and $1.8 million. McDonald’s has a franchise available to residents of every U.S. state, plus worldwide opportunities exist as incredibly well.

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Canada has what retailers . call a national sales tax or a value added tax (VAT). This Goods and Services Tax (G.S.T.) of five percent (as at January 1, 2008) is applicable to many Canadian purchases.

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