HISTORY OF MCDONALD'S
The story of McDonald's was started in1940, as a fast food restaurant by two brothers named Richard and Maurice McDonald in San Bernardino,California in US. The name of restaurant was McDonald's Hamburgers, by mid-1950s their restaurant revenue had reached $350000.RaymondKroc, the distributor for milk shake machines expressed interest in theirbusiness and finalized the deal for franchising with both the brother's. Heestablished a franchising company called McDonald systemincorporation. In 1955 he became the founder of McDonald's and boughtout the McDonald brothers share for $2.7 million and changed the nameof the company to McDonald's corporation. Kroc proved himself as apioneer who revolutionized the American restaurant industry. TodayMcDonald's is the California world's largest fast food chain serving 47million customers daily. McDonald's is now one of the most valuablebrands globally, worth more than $25 billion. Though the company has roots in the US, McDonald's today has become an ACCEPTED CITIZEN OF THE WORLD.