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To: jeffc

It applies to Franchises.

so McDonalds, which are mostly franchises, are affected even those a lot of them are just one independent operator of one location.

this is a foster’s freeze location, which is a franchise and the brand has more then 60 locations nationwide, and is thus affected.

Sad to see we have people here who just assume business owners are crooked/make loads of easy money and can take a hit on something like that, without having any idea of the reality of how it works.(not you, others who posted here)

an extra 12 dollars a hour for 3 employees at 8 hours a day is an extra 96 a day, not including the increase in payroll taxes.

that’s an extra 3k roughly a month in expenses, and That may have been that businesses’ entire profit for a month. Food does not have as good margins on profit as other industries.


113 posted on 04/05/2024 7:09:39 AM PDT by SPDSHDW
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To: SPDSHDW

There is a floor on wages. Things could be worse.


117 posted on 04/05/2024 7:13:22 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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