Posted on 12/11/2013 4:05:35 AM PST by grundle
Liberals are always talking about how easy it would be for McDonald’s to pay its workers $15 an hour.
However, so far, no liberal has actually bought a McDonald’s franchise and paid those wages.
So, I dare liberals to prove that it’s as easy as they claim it is. I dare liberals to buy a McDonald’s franchise, and pay the workers $15 an hour.
Same goes for just about any left wing complaint.
Don’t like oil companies? Open your own and run it how you think it should be done. Same goes for any other business.
Don’t like folks “messing up” the environment? Buy the land you want to protect.
Here’s where YOU are wrong. They’re not going to buy any franchise or start in business or purchase land. When they get ready, they’ll just take it.
That's 30 burghers per/hr.
Go watch a McDonalds during off peak hrs and see what kind of business they do
We ain't talked yet about rent, electricity and a million of etcetera's for the example I've invented.
Related:
Fast-food jobs can offer tremendous opportunities (90% of Dominoes owners began as employees)
http://www.freerepublic.com/focus/f-news/3100541/posts
Liberals are all about feelings, talk and other peoples’ money. They are not about actually paying for their stupid ideas themselves.
In the North-east and Westcoast, high cost areas, you could pay wage that and be fine.
Never happen. McD’s is one of the most expensive franchises. No liberal who could actually afford to buy one would ever do something so economically ignorant as to actually pay these schlubs that much money.
I don't know McDonalds numbers. I wasn't at McDonalds. But we didn't really count burgers and work backwards. We priced burgers based on those percentages.
The same should apply to unions.
If they know so much about how to run a business, why don’t they open their own and pay their employees the lavish salaries and benefits they insist others provide?
Based on their political donations, it’s not like they don’t have the cash.
As a disabled veteran Little Caesar’s will almost literally gift me a franchise any time I desire:
http://franchise.littlecaesars.com/VeteransProgram/VeteransProgramInformation.aspx
I know some some contracts are bid by the sq ft ... "I can build that for $360 per sq ft" (or something like that)
Obviously I'm blue collar because of the way my brain formulates.
Maybe, but LC isn’t exactly in the same league as McDs, Krispy Kreme, KFC, or 7-11.
Labor cost comes down to scheduling and what you pay them. If you raise McDonalds minimum wage... they'll have to schedule less people or raise cost of their product the proper amount to keep an acceptable labor cost percentage. Probably a mix of both. And/Or... the owner of these franchises accepts a smaller net income percent.
In this day and age I would not want to own a McDonalds... for one thing my spanish isn't good enough.
You guys just don’t get it. Here is how it works. The libs set the rules for the rest of us, but they are not bound by them. Get it now?
Unless they have actually managed a business (even a lemonade stand) and have been involved with even ONE budget ...their “opinion” and “advice” should be totally disregarded. Might as well ask a new born baby or my pomeranian how to run a business....result = same.
its easier if you raise the price of a burger to $4
Financial Requirements and Start-Up Costs to Open a McDonald’s
An initial down payment is required when you purchase a new restaurant (40% of the total cost) or an existing restaurant (25% of the total cost). The down payment must come from non-borrowed personal resources, which include cash on hand; securities, bonds, and debentures; vested profit sharing (net of taxes); and business or real estate equity, exclusive of your personal residence.
Since the total cost varies from restaurant to restaurant, the minimum amount for a down payment will vary. Generally, you need a minimum of $300,000 of non-borrowed personal resources to be considered to open a McDonald’s franchise. Individuals with additional funds may be better prepared for additional or multi-restaurant opportunities which McDOnald’s encourages.
Other Requirements to Open a McDonald’s
Significant business experience - Individuals who have demonstrated successful ownership or management of multiple business units or have managed multiple departments.
Rapid growth - Individuals who possess the capability to grow rapidly with McDonald’s.
Business plan - The ability to develop and execute a business plan.
Manage finances well - Ability to manage finances including a thorough understanding of business financial statements.
Good management skills - Commitment to personally manage the day-to-day operations of the restaurant business.
Training - Willingness to complete a comprehensive world class training program and become proficient in all aspects of operating a McDonald’s restaurant business.
Exceptional customer experience - The capability to effectively manage an organization that recruits, trains, and motivates restaurant employees who deliver an exceptional customer experience.
Good credit history - An acceptable credit history
Ongoing Fees to McDonald’s
During the term of the franchise, you pay McDonald’s the following fees:
Service fee- A monthly fee based upon the restaurant’s sales performance (currently a service fee of 4.0% of monthly sales).
Rent - A monthly base rent or percentage rent that is a percentage of monthly sales. McDonald’s usually owns the property and also acts as the landlord
No you couldn’t...run the numbers...with minimal profits why do it?
” I’m ignorant of how businesses come to the numbers.”
Just think about Value. Any employee must generate at least $1 more than the company pays that employee. Otherwise the employee generates no Added Value.
If the employee receives $15 an hour, that employee must contribute $16 an hour in value to the company.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.