Lovin’ It All Over - McDonald’s
Writing by Chris on Thursday, 27 of December , 2007 at 3:32 pm
I had no idea McDonald’s had these kind of numbers.
George F. Will - Lovin’ It All Over - washingtonpost.com
…net income for 2007 of $3.46 billion, up 12.7 percent, on revenue of almost $23 billion. The evolution of McDonald’s mirrors that of the nation in which it serves 27 million customers a day.
…
McDonald’s exemplifies the role of small businesses in Americans’
upward mobility. The company is largely a confederation of small
businesses: 85 percent of its U.S. restaurants — average annual sales,
$2.2 million — are owned by franchisees. McDonald’s has made more
millionaires, and especially black and Hispanic millionaires, than any
other economic entity ever, anywhere.
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