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Every big business today was startup one time. And whenever we talk about fast food, McDonaldā€™s will always be on the list. On 15 April, Mcdonalds day is celebrated, as on the same date in 1955, Ray Kroc opened the 1st franchise store in Illinios. R

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Ashutosh Mishra

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One more interesting fact is that it was founded in 1940s but it was Ray who took this to the franchise model.

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Every big business today was startup one time. And whenever we talk about fast food, McDonaldā€™s will always be on the list. On 15 April, Mcdonalds day is celebrated, as on the same date in 1955, Ray Kroc opened the 1st franchise store in Illinios. R

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I have some doubts on franchise business. How it works. how it make profit . single time profit or multiple times pays. take exmaple of a small Tea Franchise cost 1 lackh how much he can earn through one franchise.

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