From the course: Finance Foundations: Business Valuation
Join today to access over 22,600 courses taught by industry experts or purchase this course individually.
McDonald's history and facts
From the course: Finance Foundations: Business Valuation
McDonald's history and facts
- We're going to use numbers for McDonald's to practice several valuation models. - So before getting started with McDonald's numbers, we want to tell you some of our favorite parts of the history of McDonald's. - So Ray Kroc a 51 year old milkshake machine distributor first visited the McDonald's brothers drive-in in San Bernardino, California in July of 1954, because he wanted to know why a single hamburger stand needed 10 milkshake machines. - [Man 2] That first day Kroc spent the lunch rush hour watching the incredible business volume that this small drive-in was able to handle. - Before leaving town, Kroc had received a personal briefing on the McDonald's speedy system by Dick and Mac McDonald, and had secured the rights to duplicate the system throughout the entire United States. - Ray Kroc soon discovered that duplicating the McDonald's system and it's first outlet in Chicago, involved more than just signing a…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.