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To: mdittmar

My response?

You’re either fired or the restaurant is closed permanently.


3 posted on 05/11/2013 12:03:52 PM PDT by PittsburghAfterDark
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To: PittsburghAfterDark

There’s a small trend concerning this action. Employee owned business are cropping up all over the place. Once a business closes, employees gain special financing and take over the establishment. Almost as if the government ‘gave’ the employees their jobs.


76 posted on 05/11/2013 2:31:13 PM PDT by griswold3
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To: PittsburghAfterDark
You’re either fired or the restaurant is closed.

If I were the franchise owner I would belly up and declare the loss. The nice thing about this is you can claim losses forward for for upward to 4 years.You need a very experienced tax preparer and accountant, with a lawyer in the wings.

This happened to me once. Got audited. Put my team together, and ran rings around the IRS. My people were so aggresive the IRS actually offered me a refund. I turned them down with the admonition that they never bother me again.

Not a peep in 25 years.

80 posted on 05/11/2013 2:50:11 PM PDT by Focault's Pendulum (I live in NJ....' Nuff said!)
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To: PittsburghAfterDark
You’re either fired or the restaurant is closed permanently.

I don't know for sure, but probably most of the McDonald's are franchises...so the owners simply can't just close...it's their livelihood.. and their investment...

Not sure what the answer is, but most likely everyone of the part timers are on some sort of government handout so they have room to bitch...

87 posted on 05/11/2013 3:29:56 PM PDT by Popman (Godlessness is always the first step to the concentration camp.)
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