McDonald’s announces unexpected closure, sparking major backlash
Owning a business is already challenging enough, especially in an environment of rising costs, shifting consumer preferences, and increased competition, all amid an uncertain economy. For franchise systems, the stakes are even higher. They rely on independent operators to uphold the brand's standards, so when things go wrong, the repercussions can be more damaging. Many fast-food chains adopt the franchise model to expand quickly, enabling them to build brand recognition and reach new markets more effici ...