Richard and Maurice McDonald founded McDonald's in 1940 as a barbecue restaurant in California. They later reduced their menu and developed the Speedee Service System which allowed for fast production. In 1955, Ray Kroc joined the company and purchased the rights to McDonald's from the brothers, expanding franchising across the US and globally. McDonald's now has over 37,000 franchises worldwide serving 600 million people per day.

1. NAME : M.ILYAS
ROLL NO. : 217
SPECIALIZATION : HR 1
TOPIC : MCDONALD’S BUSINESS HISTORY

2. MCDONALD’S • Founder:”Richard Mcdonald’s, Maurice Mcdonald’s and Ray
Kroc”
• Industry: Food Restaurant
• Founded:15 may 1940
• Headquarters: Oar Brooke and Illionis
• Products:Fast Food
Indroduction

3. MCDONALD’S
• Start 1937 from street stool of Hotdogs and Hambargers (The air drop)
• 1940 Mcdonald’s brothers Hire small place on rent and start Bar-B-Que
Restaurant (Mcdonald’s Bar-B-Que)
• 1947 Reduce their menu
• 1951 first franchise to Ray Kroc and till 1954 number of franchise increase to 100
• 1955 Ray Kroc purchase all rights of Mcdonald’s from Mcdonald’s brother on 2.7
million dollar
• 1963 franchises number increase to 500
• 1967 First franchise open out side of the America (In Canada)

4. MCDONALD’S
• 1972 Mcdonald’s Assets reached to 5 billions dollar
• 1973 Open Mcdonald’s Humbarger University
• 1996 Mcdonald’s franchise opened in India
• 1998 Mcdonald’s franchise opened in Pakistan
• Till now there is 37000+ franchises opened in 120 Countries of the world
• Daily feeding 600 millions people and sale 75 Burgers per seconds
• Providing jobs to 1 million people in America