SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (1268034)10/10/2020 8:38:48 AM
From: Winfastorlose1 Recommendation

Recommended By
D.Austin

  Read Replies (2) | Respond to of 1578903
 
That shows how much you know about it. lol. You are looking at the franchiser, not the local stores (82% of which are owned by franchisees.) The McDonalds that trades on the stock market doesn't pay the wages of it's workers at 82% of all of the stores that exist in the world. In the US, the percentage is even higher since McDonalds tends to own many of its stores in other countries. McDonalds has a stated goal of not owning more than 5% of the stores worldwide.

The franchiser has much better margins than the franchisee.

So, when you say they can afford to pay, you are talking about private small businessmen paying these wages, not the public company that trades as a member of the Dow Jones. And, where a McDonalds franchise used to make very good money for its franchisees 40 years ago, competition has now put many of them into losing or barely profitable positions. Every item on a value menu, for example is a money losing sale.