General Discussion
In reply to the discussion: Fast-Food Strikes Expand Across U.S. to 50 Cities [View all]delete_bush
(1,712 posts)I have many years experience evaluating small to medium sized businesses as to their profitability, and have looked at literally thousands of financial statements over this period. If you don't believe me and wish to obtain a realistic representation of such take a look at bizbuysell.com, a website for those who have posted their businesses for sale. I would say trust me - and I realize there's no need for you to do so - but the majority of mom and pops just do not make that much money, especially when you consider the amount of time the owners spend in an attempt to turn a profit.
On the other hand, you are full of proclamations about 'business models', have you ever OWNED a small business? I doubt it, in fact I seriously doubt you have the slightest inkling as to the financial workings of a small business and even less as to economics. You have an axe to grind but nothing but emotion to back it up.
I'll start you out with this, here's a link to a Subway for sale. Take a look at the net, and how much you'd have to pay to buy this location. Then please tell me how YOU, as a compassionate owner, will increase wages to $15/hr just so you won't be charged with paying 'slave wages' and still turn a profit. Good luck!!!
http://www.bizbuysell.com/Business-Opportunity/Subway-Sandwich-Shop-in-Great-Location/675983/?d=%2fwEFQiUyZmJ1c2luZXNzZXMtZm9yLXNhbGUlMmYyJTJmJTNmcSUzZCUyZndFRkVXczljM1ZpZDJGNUptNDlKbkowY3oweA%3d%3d