According to Mr. Franchise of Franchise Foundations, Ray Kroc, a multimixer salesman, visited the McDonalds brothers location in San Bernardino, California in 1954 to see why a single, small hamburger stand needed the capacity to make 40 milkshakes at a time. Kroc immediately realized the potential for franchising McDonalds. The McDonald brothers did not share his franchise vision, so Kroc was charged with franchise responsibilities. Kroc refined and standardized the business model, opening the first refined McDonalds prototype restaurant in Illinois in 1955.
Bausch & Lomb sold Ray-Ban in 1999 to focus on its core business of eye health and surgical products. The decision was part of a strategic move to streamline operations and improve financial performance. Selling Ray-Ban allowed the company to concentrate resources on its primary market while capitalizing on the strong brand value of Ray-Ban by transferring it to a company better suited for fashion and retail management.
McDonald's is named after its founders, Norm and Ray McDonald
Ray-Ban, a well-known eyewear brand, typically allocates a substantial budget for advertising, though specific figures can vary year to year. The company often invests millions in marketing campaigns, focusing on digital advertising, social media, and collaborations with influencers. While exact numbers are not always publicly disclosed, it's clear that Ray-Ban prioritizes brand visibility and consumer engagement in its advertising strategy.
As of my last update in October 2023, specific market share figures for Ray-Ban sunglasses can vary based on the source and region. However, Ray-Ban is generally recognized as one of the leading brands in the eyewear market, often holding a significant share due to its strong brand heritage and popularity. For the most accurate and current market share data, it is recommended to consult industry reports or financial analyses from reputable market research firms.
Jane Kroc
grinding it out
he made McDonald's a huge international corporation
According to Mr. Franchise of Franchise Foundations, Ray Kroc, a multimixer salesman, visited the McDonalds brothers location in San Bernardino, California in 1954 to see why a single, small hamburger stand needed the capacity to make 40 milkshakes at a time. Kroc immediately realized the potential for franchising McDonalds. The McDonald brothers did not share his franchise vision, so Kroc was charged with franchise responsibilities. Kroc refined and standardized the business model, opening the first refined McDonalds prototype restaurant in Illinois in 1955.
According to Mr. Franchise of Franchise Foundations, the owners of McDonalds, brothers Dick and Mac McDonald, did not franchise McDonalds. Rather, it was a multimixer salesman they met in 1954, Ray Kroc, who persuaded them to let him franchise the small hamburger stand. More details can be found on the Franchise Foundations website, on the Articles I page.
Ray Kroc founded the McDonalds chain
Ray Kroc bought the McDonald Brother's hamburger stand and started the franchise concept.The McDonald brothers first created the concept of fast food and McDonalds but Ray Kroc bought it off of them for 1,000,000 dollars, which was a mistake because they could have been making 100 times that in a year. That's not it he also ran them out of business.
Ray Kroc
Ray Kroc was known for McDonald's.
Ray Kroc didn't build anything. Ray was the guy who made McDonalds big.
McDonalds.
Ray Kroc