HR people are supposed to get Finance, right? Below is the best breakdown of something we all have experienced - a single location of McDonalds. Dig in my friends, because if you thought the owner of the McDonalds you drive by on the way to work is printing money, you'd be wrong.
Oh, they're doing OK. But printing money? No - especially when you factor in what it cost to buy a franchise and the risk they're taking.
While you're at it, head over to this story in BusinessWeek about franchisee revolt at McDonalds and take a read. You'l find that a lot of what the franchisees say about McDonalds is classic field vs. corporate stuff, just with Happy Meals and McLattes instead of TPS reports and allocations.
Here's the P&L: