Herb quotes the ever knowledgeable Alan Hickok
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February 25, 2011
Herb on the Street: Restaurant Investors Living in Denial?
February 15, 2011
February 14, 2011
Three Little Words
Ronald Reagan said, "The nine most terrifying words in the English language
are: 'I'm from the government and I'm here to help."
But the three words that should terrify McDonald's Operators are "Long-Term
Equity".
There is no such thing as "Long-Term Equity", it's imaginary and when used
by McDonald's corporate types it's duplicitous. We only know two things about
the long term:
A) Remodel and rebuild requirements will continue to grow in expense and
frequency.
B) Every store will be scraped and rebuilt every twenty years.
Spending today's equity on McDonald's controlled real estate will not build
"Long-Term Equity".
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February 12, 2011
A Bit of Heartburn History
Veteran McDonald's Operators will remember this groundbreaking article on the
February 9, 2011
How Great Entrepreneurs Think
How Great Entrepreneurs Think
Not all franchisees are entrepreneurs but for those who are - this is why they don't understand the bureaucrats who run the parent company.
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Not all franchisees are entrepreneurs but for those who are - this is why they don't understand the bureaucrats who run the parent company.
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