Once upon a time, one of the most iconic lifestyle brands was...McDonald's...
Fashion- absolutely! Whether your jeans were embellished with a Ronald McDonald patch, or you wore your fancy dress embroidered with the fry guys and burgers for school pictures, McDonald's couture had something for every occasion
What about leisure? McDonald's had you covered-- there was a different playset available depending on age and interest...
What about housewares? Well McDonald's had a variety of limited edition plates to adorn even the most elegant of tables....
Glassware you ask? Why yes, who wouldn't want to drink the beverage of their choice out of a glass featuring Grimace or Mayor McCheese?
When you went to the doctor, maybe he gave you a balloon...or, if your doctor was extra, he gave you a McDonald's hand puppet...
For the holidays, you could give someone you cared about a fabulous McDonald's gift certificate-- way before that was a thing. You could even get them from the "cool" houses for Halloween...
McDonald's...more than a burger and fries, it was a way of life. You didn't choose the McDonald's life-- it chose you.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
The US govt is the largest predatory lender in the world, preying on teenagers, saddling them with outsized, non-dischargeable debt and enabling a wealth transfer from American youth to college administrators.
This is the easiest affordability crisis piece to solve (contd)...
Fix the college wealth transfer:
-Get govt out of student lending
-Make students loans go through market underwriting and be dischargeable via bankruptcy
-Make schools be accountable for a piece of loans and for selling non-ROI producing degrees
Further, if schools want to keep non-profit status, have them contribute to a fund to help existing college loan holders who were taken advantage of (6-figure degrees for 5-figure work);
create a tax credit for interest paid to govt and restructure financing on outstanding debt
As a “recovering” investment banker and advisor to a private equity firm, I have advised on both sides of sales processes and seen mistakes made that lead to value leakage from deals.
Here are 10 steps to take now to prep for a sale...
1-List and Prioritize Shareholder Objectives—For many small business owners, price isn’t the only consideration. Employees, brand and other factors can play a role.
2-Put Your Advisory Team Together Early—This includes your lawyer, your accountant and your advisor. The more time they have to know you and the business and the materials, the better.
1-Prolonged negotiation could tank holiday season/Q4
2-Focused/surgical approach to ongoing tariffs would be well received
3-Carrot vs. stick
4-Harsh attacks are easier when there’s an ability to make an imminent switch
(cont)
Prolonged negotiation could tank holiday season/Q4
Many consumer products companies and retailers make or break their business in Q4, during holiday season. However, the groundwork for that is being laid right now.
Production is happening, orders are being made to factories and those products will be on the water within the next couple of months. Not getting to a quick resolution could create a massive drag on the most important time of the year, severely impacting the broader economy.
The Trump administration should want to be viewed as Santa, not the Grinch.
Focused/surgical approach to ongoing tariffs would be well received
There is broad support for having key items that relate to national security and well-being onshored and that should be a priority. If negotiations are going to be drawn out, giving reprieve to all industries and industry segments outside of key industrial/defense/tech/pharma would create more certainty while keeping the intentions on track.
If I am reading correctly, this means no egregious enforcement fines for US small biz (and HOAs) and the scope will be narrowed to foreign reporting companies only. I’m doing more research, but this seems very good…
Now that @USTreasury has stated its intention to narrow the scope of the CTA BOI rule to foreign owned entities only, it would be great for Congress to codify that, so small biz, HOAs and others have certainty it won't be changed in the future.