The concept of franchisingas a distribution model has been around since the nineteenth century. In the 1940’s, McDonald’s was the first company to pioneer the distribution model.
Ending the global food crisis – we just need to make use of what we have
We could double our food supply just by making farming, shipping, and cooking more efficiently.
By 2075 the global population is set to hit 9.5 billion. It is widely assumed the world will eventually run out of food. According to one UN study, we will need to increase agricultural production 70% by the middle of the century, if we’re to cater to all the expected bellies.
Continue reading… “Ending the global food crisis – we just need to make use of what we have”
Will Amazon’s push for same-day delivery destroy local retail?
Amazon logistics center.
Amazon has had an unbeatable price advantage over its physical rivals. When you buy anything from your local retailer the company is required to collect local sales tax at the checkout. In most states, Amazon is exempt from that rule. According to a 1992 Supreme Court ruling, only firms with a physical presence in a state are required to collect taxes from residents. For example, if you live in California and buy a product on Amazon you are supposed to pay a $100 “use tax” when you file your annual return in that state. But nobody does that. For most people, then, most items at Amazon are significantly cheaper than the same, identically priced items at other stores.
