OnePercenter
Gold Member
- Apr 10, 2013
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Your question doesn't make sense. Most businesses don't make 20% net. So apparently that isn't an important factor to most businesses.
The entire question is irrelevant, because your profit from doing business, your wage that you take home from the business, is not determine by margin alone. It's determined by margin on sales. If I have only a 2% net profit margin, and I'm making $5 Million in sales, that's $100,000 in my pay check. I think I could handle making $100,000 a year.
The idea I would give that up because I wasn't making the arbitrary 20% margin some nit wit on the internet came up with, seems rather stupid to me.
Back to McDonald's. We have a fiscal budget from a Franchise McDonald's. I don't see those things you listed, on there. So can you prove your claim?
And as for Walmart... that was kind of my point.
Each Walmart is a separate business. Each service of Walmart is a separate business. When you say Walmart has all these profits.... that's not a monolithic company.
Each section of Walmart business, is a self contained business. They each have to make a profit of their own, or they go out of business. Thus each employee that wants a raise, can't get a raise unless the specific business they are employed by has the money to give those raises. You can't use the profits of Walmart HQ, to justify Employee of Walmart Store A, getting a raise. Because Store A doesn't have access to the money of Walmart HQ.
That's why when the minimum wage went up, the average number of employees per Walmart store went down. The average number of employees at a Walmart went from 360 in 2006 (before the minimum wage went up), to 290 in 2010 (after the minimum wage went up).
Even though during that time, sales were going up overall.
So I don't know what you think your claim means.
Is your chart of the 'average' Walmart monthly, quarterly, or yearly?
The chart clearly says McDonald's. Not walmart. That was yearly.
So the largest fast food restaurant in the world has (on average) 7400 customers per day?
18 Facts About McDonald's That Will Blow Your Mind - Business Insider
Do the math from the information in the link and you'll find that what you posted IS NOT an average McDonalds, but a generic restaurant.
Proprietary information from McDonalds is not listed on the internet.