McDonald's takes a lot of flack from all corners as many people uncomfortable with the status it enjoys as the world's number one food franchise. Say what you will about its food, but you cannot the restaurant's business fundamentals. Some successful people even say working in McDonald's can teach you as much about business as doing an MBA.
That, to paraphrase, is the thinking of Edible Arrangements founder and CEO Tariq Farid, who when interviewed on CNBC's Squawk Box, said his time at McDonald's when he was 15 taught him everything he needed to be a CEO.
It’s a phenomenal concept, sticking kids in the kitchen, teaching them systems, that this goes before this. I loved the system, and going through it, you really wanted to compete.”
And he also used that experience when designing his fascinating edible flowers business.
“I saw that people wanted the ‘wow’ factor," he told CNBC.
A franchise like McDonald's, both on the franchisee and employee leve, provides outstanding training both in basic jobs skilla and understanding of the franchise system. Business consultants have a lot of advice to offer but if you need to learn how to run a business, perhaps you should start at your local Golden Arches.