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McDonald’s Corporation: A real estate empire financed by french fries

By all appearances, McDonald's is a world famous hamburgers and fries joint. Encased within this business model, however, lies a brilliant real estate framework of long-term financing and variable operating agreements. The soul of McDonald's is its 36,000 properties, paid for with fries. Ray Kroc, the founder of McDonald's, once asked a group of MBA students to tell him what[Read More...]

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