McDonalds is just a real estate investment trust that happens to sell hamburgers. The business model is ‘rent high value land for a profit while racking up unrealized gains on the land and ensure a steady stream of rents by selling franchisees supplies that they can sell to make sure they can pay their rent.’ Take a look at the sorts of parcels McDonalds acquires, usually multiple acres in busy commercial areas.
In an ideal world, they’d be a restaurant company, but it’s just a real estate company with extra steps.
In an ideal world, they’d be a restaurant company, but it’s just a real estate company with extra steps.
I agree that minimum wage should be higher!