For any business to be successful – McDonald’s or other – a business plan and budget should be developed and then executed.
This is especially true for McDonald’s Next Gen candidates. Knowing how much restaurant you can afford and how much cash you will need to live on is critical.
When business owners live beyond their means, it can limit the opportunities they have to create wealth and pass on a legacy to their children. You must take the time to understand your needs, both personally and professionally as you dive into business ownership.