McDonald’s Franchisees Say The Company Is Bankrupting Them

McDonald’s franchisees are furious that the company’s aggressive promotions and costly restaurant upgrades are squeezing their profits, according to a new survey.

“Growth for McDonald’s is over,” one franchisee wrote in response to the survey by the financial services firm Janney Capital Markets.

“I am just hoping to be flat,” another franchisee said. “[The] customer has lost faith in the brand.”

“We are leaderless,” said a third. A fourth franchisee complained, “They are being successful in bankrupting us.” .... http://www.businessinsider.com