What is the legal structure to open MC Donald in Gujarat, India ???

 

When it comes to investing in fast food restaurants, there is one name that is known to every person across the globe and that name is McDonald's. Franchising under McDonald's has benefits that the investor will enjoy. benefits such as advertising and marketing costs are borne by the company , high quality and superior taste associated with McDonald's foods gives the business a competitive advantage and lastly, availability of food product all the time.

In India, it is a bit difficult to owning a McDonald's franchise. McDonald's offers no direct franchise of its company individuals. The company has representatives i.e. Amit Jatia and Vikram Bakshi who have been handed the authority to give licenses to sell franchises of McDonald's in India.

Step-by-step explanation

When it comes to investing in fast food restaurants, there is one name that is known to every person across the globe and that name is McDonald's. Franchising under McDonald's has benefits that the investor will enjoy. benefits such as advertising and marketing costs are borne by the company , high quality and superior taste associated with McDonald's foods gives the business a competitive advantage and lastly, availability of food product all the time.

In India, it is a bit difficult to owning a McDonald's franchise. McDonald's offers no direct franchise of its company individuals. The company has representatives i.e. Amit Jatia and Vikram Bakshi who have been handed the authority to give licenses to sell franchises of McDonald's in India.

There are specific steps that an individual have to follow to open a McDonald's Gujarat, India. Below are the steps or the structure that has to be followed;

1. The first step is reading the McDonald's Franchise Disclosure Document. This disclosure documents helps the individual to be familiar with the rules, regulations, and restrictions related to owning and running a McDonald's franchise. This document is purposely provided for that reason, to avoid future misunderstanding.
2. the next step is that the individual should apply for the opening the McDonald's by filling up an application form. The application requires several personal and professional details of the individual applying. After filling out the form, the application form is submitted.
3. The McDonald's support staff reviews the application form and from the provided information and their qualification minimums the individual is selected for an further examination and a phone interview by the McDonald company.
4. when the individual passes the examination and the telephonic interview, they are sent to an any McDonald's outlets in India
5. when the applying individual is sent to any company outlet, that serves as a benchmark to the investor. the individual gets to learn about the workings of the store understanding more of the qualities needed out of a franchisee to successfully run a McDonald's restaurant.
6. final interview by the company panel of officials is conducted. If the individual passes the interview, the permission to open up a McDonald's is granted and the licenses are given out.

To open a McDonald's franchise an investor has to have 6.6 to 14 crore rupees. The investor has also to pay franchising fee of 30 lakh rupees. Additionally, a royalty fee of 4 percent of the total sales of the outlet has to be paid by the franchisee to the company.