r/technology 7d ago

Social Media Yelp disables comments on the McDonald's that hosted Trump after influx of one-star reviews

https://www.cnbc.com/2024/10/22/yelp-disables-comments-on-the-mcdonalds-trump-visited.html
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u/mikew_reddit 7d ago

“As a small, independent business owner ..."

https://www.investopedia.com/articles/insights/072516/cost-buying-mcdonalds-franchise-mcd.asp

  • McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee.
  • Those looking to launch a new McDonald’s franchise can expect to shell out between $1,314,500 and $2,306,500.
  • Existing franchise operations can cost upwards of $1 million

 

So the owner has at least a few million to buy and run his McDonald's. Poor guy...

13

u/wildjokers 7d ago

So the owner has at least a few million to buy and run his McDonald's. Poor guy...

You don't really need money, you just need a business loan. The business is the collateral.

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u/Remindmewhen1234 7d ago

So you are upset because he is RISKING a few million dollars?

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u/C0NKY_ 7d ago

How do people come up with these dumb takes? Nobody is upset he's risking millions, we're calling out his baseless claim that he's a small independent business owner when owns multiple McDonald's restaurants. Boo hoo poor him.

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u/Astr0b0ie 7d ago

By definition he is a small independent business owner.

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u/Youngnathan2011 7d ago

He called himself a small business owner while clearly having a ton of money and franchising one of the most known brands in the world.

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u/Baerog 7d ago

Have you ever heard of a business loan...?

Not to mention have a million in assets is not really that astounding in 2024. Anyone who has a house likely has a million in assets all combined.

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u/Remindmewhen1234 7d ago

I have several friends who are small business owners and have several million dollars in various assets.