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.
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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.
Scott Bessent is a very solid pick for Treasury Secretary. I know there are many questions about him, so here is a short thread.
Note that I do not know him personally, only via media and anecdotal knowledge.
Our fiscal foundation is a mess, which makes the Treasury pick incredibly important. Bessent has a very broad, relevant skill set with the understanding required for a position like Treasury, having worked on Wall Street and with central banks, and understanding a broad range of interconnected economic and financial metrics.
He currently manages a macro-focused hedge fund, Key Square, and is probably most well known for the company he has kept.
Early in his career, Bessent worked as the protégé of legendary investor Stan Druckenmiller at Soros’s hedge fund, where in 1992 they famously made a highly successful (billion dollar) bet against the British pound. Druckenmiller continues to hold Bessent in high esteem, a very strong endorsement.