Ray Kroc entrepreneur of McDonalds By: Harrison Kim

Information on Ray Kroc Name: Ray Kroc Hometown: Oak park, Chicago, Illinois Age when business started: around 52 years Status: Dead Cause of Death: Heart failure Convinced that he could sell numerous mixers to every new restaurant that opened, he partnered with the McDonald brothers to open and franchise additional McDonald's restaurants. Kroc eventually became frustrated with the brothers' willingness to accept their chain having only a handful of restaurants. In 1961, he bought the company from the brothers. The agreement was for the McDonald's to receive $2.7 million for the chain and to continue to receive an overriding royalty of 1.9% on the gross sales.

Information on Company Name of Company: McDonalds Size of Company: World Wide Status: Public (able to buy shares) Existing or Improvement: Improvement McDonald's Corporation is one of the world's largest chain of hamburger fast food restaurants, serving nearly 47 million customers daily. At one time it was the largest global restaurant chain, but it has since been surpassed by multi-brand operator Yum! Brands KFC, Taco Bell and others and sandwich chain Subway.

Reasons Why Him/the company did well They have a good marketing department. When it comes to fast food McDonalds tends to be the cheapest. As it is a fast food restaurant it provides fast food for busy people.

Credits Source of information Google.com Wikipedia.org Mr. Schiff My brain Source of pictures Google.com/images

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