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How many customers eat at the restaurant each day for the owner to make a profit?
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What is McDonald's prices?
There is no way to answer this. Each individual Owner/Operator is allowed to charge whatever price he or she wants, so you could not perfectly answer this question for each individual restaurant and each individual restaurant.
Why do some of your restaurants give free drinks on the seniors discount and others refuse too?
Every establishment organizes its marketing teasers individually, so each restaurant can create incentives that not only bring in customers, but incentives upon which they can make a profit as well.
What four main ways to become a business owner and explain the disadvantages and advantages of each?
A business owner can go in business for themselves to make more money, but it will take long hours. A business owner can start a business to meet the demands of customers. A disadvantage to that is the fact that customers are very demanding.
What exactly is a lease of business?
Leasing a business is paying each month to effectively be the owner and manager of an already existing company. The profit stays with you, but a portion goes to the true owner.
How much does a burger king franchise owner earn?
The average McDonalds franchise owner should net about 10% of sales for each restaurant owned according to Mr. Franchise. The average McDonalds restaurant open at least a year had sales of $2.3 million in 2008. The highest performing U.S. McDonalds in 2008 hit $9.5 million in sales while the lowest performing restaurant clocked in at $491,000
What economic principle explains why a restaurant can make a profit by operating an all you can eat buffet?
The economic principle of diminishing returns explains that a restaurant can make a profit by operating an all-you-can-eat buffet. Most people cannot actually eat much more at a buffet than they would if they bought each piece of food separately.
What is most Competition for most businesses?
In a capitalistic society, every business owner is in a competition with every other business owner who provides the same or similar products or services, and the prizes are customers or, more specifically, sales. Therefore, the reason behind almost every action that a business does can be traced back to persuading as many customers as possible to come to their business for their purchases. Large fast food restaurant chains or soft drink manufacturers for example each spend millions of dollars per year on their attempts to persuade us to choose them.
Does Emirates Islamic offer a share of bank profits to its customers?
Yes, Emirates Islamic does offer its customers a part of profits under investment savings account. It announces the profit rate for each quarter under varied deposit slabs.
What is the vision statement of McDonald's?
McDonald's visionMcDonald's vision is to be the world's best quick service restaurant experience. Being the best means providing outstanding quality, service, cleanliness, and value, so that we make every customer in every restaurant smile.McDonald's MissionsBe the best employer for our people in each community around the world * Deliver operational excellence to our customers in each of our restaurants; and * Achieve enduring profitable growth by expanding the brand and leveraging the strengths of the McDonald's system through innovation and technology.Try to fulfill our customer,automatically our profit will improve.
When a restaurant chain goes to franchise, does it become less well run?
Quality and appearance are supposed to upheld by each franchise and inspections may be made at anytime by the franchiser. However, some controls are left to each franchise owner just as the day to day functions of a restaurant are left up to a manage to see that rules and regulations are met. I can sometimes be difficult to distinguish between ownership and manager duties of each restaurant
A shop sells CDs for 16.00 per piece. If each CD costs 9.00 to the shop keeper how much profit percent does the shop owner earn?
43.75%
What are the benefits of profit maximization?
The people who become stakeholders of organizations intend to make a profit by doing so. The more profit a company is making, the more money there will be to allocate among each of the stakeholders. Thus, the more a company maximizes profits the more the stakeholders benefit.
