The McDonalds restaurant began in the early 1940 's by two brothers Dick and Mac Donald. These gentlemen started their operations in San Bernardino California. The McDonalds that we know and recognize today is as a result of the vision, growt,h and guidance of Ray Kroc. Mr. Kroc created the franchise model that initially grew to over 1000 restaurants across the United States and later on to other countries. This growth all took place prior to the end of the 1960 's. McDonalds has gained a tremendously successful growth record outside of the U.S. starting with its first international restaurant that opened its doors in 1967, in British Columbia. McDonald 's success outside the U.S has been so well that today more than fifty percent of its restaurants are international locations. (McDonald’s Abroad, 2009) Today only 45% of McDonalds U.S. Stores make up the company’s port folio. Through McDonald’s over 31,000 locations worldwide, it serves roughly 58 million customers daily. This
References: James, R. (2009) McDonald’s Abroad. Retrieved from http://www.time.com/time/world/article/0,8599,1932839,00.html Should You Invest in McDonald 's Stock for the Long Term? Retrieved from http://www.suite101.com/content/should-you-invest-in-mcdonalds-stock-for-the-long- term-a346390#ixzz1P71YFLdH Lane, M. A. (2002). Business Finance on Line. Retrieved from http://www.zenwealth.com/BusinessFinanceOnline/index.htm McDonalds 2110 Annual Report Murray, J. (n.d.). Capital Structure of a Business. Retrieved from http://biztaxlaw.about.com/od/glossaryc/g/capitalstructure.htm Standard & Poors Option Report (2011). McDonalds