You can be on Entrepreneur’s cover!

eMac Gives McDonald's Franchisees An E-Break <b></b>

entrepreneur daily

Chicago-In a move that could profoundly alter themultibillion-dollar fast-food industry, a new Internet procurementsite designed for McDonald's Corp.'s 27,000 franchises isalmost ready to serve.

The site will be launched by eMac Digital, a company founded inJune 2000 and jointly owned by McDonald's and Accel-KKRInternet Co. The as-yet-unnamed procurement hub is the first totarget the fast-food restaurant industry, which is amongAmerica's largest and most profitable.

According to Crain Communications' BtoB, the fast-foodindustry as a whole has been very slow to embrace the Internet, andB2B e-commerce in particular. But the most ambitious part of eMacDigital's hub is its plan to include franchises from otherfast-food companies.

BtoB reports that the procurement hub, set to go live inmid-2001, will allow all of McDonald's franchises across theglobe to buy everything needed to run their restaurants-fromuniforms and spatulas to hamburger buns-all on one site.

Aside from being faster and more convenient for franchisees, theprocurement site will allow business owners to buy supplies andmaterials at a discounted price, ultimately reducing costs forMcDonald's. -Business Wire

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Productivity

10 Incredible TED Talks About Time Management You Should Watch Right Now

These time-management talks can help improve your productivity.

Business News

A Non-Profit Newspaper Published a Column Criticizing Facebook. Then Meta Blocked All of Its Posts.

Facebook's communications chief said that the posts were removed because of "a mistaken security issue."

Business News

Reddit Offered 75,000 Users the Chance to Preregister for Shares Before Its IPO. The Reactions Were Pure Reddit.

Some users have deemed Reddit a "meme stock," a term that ironically originated on the platform.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

A Look Inside the Company That Is Making $500 Million a Year Serving Italian Beef Sandwiches Made Famous by 'The Bear'

Portillo's CEO Michael Osanloo shares his secret to keeping hungry customers coming back again and again. (Hint: It requires a lot of napkins.)

Business News

Elon Musk Reveals When Tesla Will Release Its First Robotaxi

Tesla's CEO says the fully autonomous Tesla taxi is arriving soon — in 122 days.