Second step to financial success!

I must say I have been procrastinating lately to do a lot of stuff. Other than the stories I have added on my blog to hopefully inspire you people. Some of you might prefer the practical approach to investment, other than the hardcore saving part.

First and foremost to begin any investment, I truly strongly believe that everyone is to be well insured and covered by insurance. By saying insurance, I meant only using it to cover you upon death or accidents. Upon death, your family might be losing a part of income which you could be providing them with, accidents are the worst off, hospital fees as we all should know, are killers. The bills usually amount to the sky for long term hospitalization. I preach what I said and what I believed in doing, my dad got me life insurance which I don’t think is enough due to my dangerous activities at times, so I get another term insurance which basically covers death from my secondary school friend, Shu Yang, he is really great and dedicated in introducing me the plans which I will need, instead of selling for the sake of selling. I will strongly recommend anyone without coverage to him Contact Shu Yang at 94355641.

Part 4

Harry Sonneborn came up with a solution, he thought McDonald’s could make money by leasing or buying potential store sites and than subleasing them to franchisees initially at a 20% markup, and then at a 40% mark up. Under this plan, McDonald would scout out sites and sign 20 year leases at fixed rates. Franchisees would pay McDonald’s either a minimum rate or a percentage of sales, whichever was greater. As sales and prices inevitably rose over the years, due to inflation and consumer price index, the company would collect more and more rent as its cost remained virtually constant.

Kroc set up a subsidiary, the franchise realty Corporation, to execute this strategy, flying around the country in a small airplane scouting suburban neighborhoods dotted with tract housing, schools, and churches which he regarded as fertile ground for the planting of new “Golden Arches.”