Who Subsidizes Restaurant Workers' Pitiful Wages? You Do

[OnePercenter]

We had a similar problem with our neighbors(McDonald's) at another place I worked.
We tried to offer to split the cost of just trimming it. They wouldn't budge.
I had a regular customer that worked for the power company. He butchered the shit out of that tree since it was "in danger of obstructing the power lines"


BTW, our sign is actually $7k. $5k is our deductible.
The other two grand, since we haven't paid it yet, will come off the bottom line this quarter. (our slowest)

WOW! Sounds like you need an insurance audit. When is the last time you've had one? I'll bet never.

 

[OnePercenter]

Just as a follow up point, it makes it much harder to hit that 5% target when your owner is an idiot.

So the owner takes the 15%. I knew it!

 

[OnePercenter]

What has been exhibited (again) in this exchange is the monumental ignorance of our 1%er and the typical socialist's willingness to LIE in order to justify his hatred.

My contention is that a typical successful restaurant makes 20% net.

We have found out that one manager has a stupid owner, and another over-inflates food costs.

So I'm correct.

 

[OnePercenter]

An unintended consequence of misguided gov't regulation. Our leftists squeal that the newly minted part-timers must be aided from the gov't trough to make up for the lost wages. I recall a time in America when people didn't expect to support a family on a part-time job and would supplement their income with a second job. Now certain elected officials "buy" the votes of those reduced to part-time by business's response to gov't fiat.
Those officials make their living off other people's misfortune.

INEPTOCRACY - (noun) a system of government where the least capable to lead are elected by the least capable of producing and where the members of society least likely to sustain themselves or even try are rewarded - in exchange for their votes - with goods and services paid for by the confiscated wealth of a diminishing number of producers.

I regard the Libertarianism as a kind of business-worshiping cultish religion, which churns out annoying flamers who resemble nothing so much as street-preachers on the Information Sidewalk.

 

[OnePercenter]

Morons like Percenter think business expenses are tax subsidies, and that businesses should be taxed on revenue (not profit).

Revenue and income are the sum of the total. You're taxed on income minus deductions, why shouldn't business?

Under my plan, small business would never pay more than 30% of revenue for taxes and employee expenses. Currently it's 50%-60%.

 

[OnePercenter]

What morons like him do not understand is that businesses don't pay expenses, customers do. Want a $15 an hour minimum wage? Fine, no problem....hell make it $100 an hour. Just understand that your meat lovers pizza from Pizza Hut will now cost $125. Anyone who says otherwise is either in denial, a propagandist, or has now idea how businesses run. I have never seen a segment of society so hell bent on self-imposed inflation in my life.

And an employer pays the income taxes for an employee.

 

[OnePercenter]

Oh, fo shizzle. Just like how in CA they are feverishly trying to figure out how to tax non-gas using cars that they've subsidized with taxpayer money.

I own a non-gas using car registered in California. I haven't seen any tax, or is this a 'sky is falling' scenario?

 

[OnePercenter]

That's how tight our margins are, Far and away from your 20% profit figure

So you failed to attract enough business?

 

[Zander]

Why baby steps? Raise the minimum wage to $100,000/ year

 

[OnePercenter]

25-30% of our total operating costs.

You sure ask alot of questions for someone that was so sure of himself about profits.

You'd never want to go out to eat again if you knew the mark up is about triple our cost.
If something costs me a quarter, I'm charging you a dollar for it (at least)

I ask questions so you can dig a hole.

So let's discuss your 25%-30% food costs.

Do you pay cash for your supplies? If so, what is the discount?

Do you have a zero food waste policy established?

Your mark-up isn't enough. People will pay a higher price for CONSTANTLY good food and service.

Are you re-inventing yourself every 3-5 years? Learn from business failures like Hostess who failed to do this.

Do you use social media to promote your restaurant? It's free!

Offer free WiFi. It's 2015!

Ancillary programs such as food trucks, food carts?

 

[OnePercenter]

Why baby steps? Raise the minimum wage to $100,000/ year

We're having a meaningful debate, and in walks stupid.

 

[Mr Natural]

Patrons tipping subsidizes restaurant workers wages.

 

[hortysir]

25-30% of our total operating costs.

You sure ask alot of questions for someone that was so sure of himself about profits.

You'd never want to go out to eat again if you knew the mark up is about triple our cost.
If something costs me a quarter, I'm charging you a dollar for it (at least)

I ask questions so you can dig a hole.

So let's discuss your 25%-30% food costs.

Do you pay cash for your supplies? If so, what is the discount?

Do you have a zero food waste policy established?

Your mark-up isn't enough. People will pay a higher price for CONSTANTLY good food and service.

Are you re-inventing yourself every 3-5 years? Learn from business failures like Hostess who failed to do this.

Do you use social media to promote your restaurant? It's free!

Offer free WiFi. It's 2015!

Ancillary programs such as food trucks, food carts?

I work for a huge chain.
Our food cost goal is 23-24% with only a 1% variance for waste.
We have buyers negotiating our prices.
Constantly remodeling....just launched new logo.
Hostess used to be a supplier.
Already have free WiFi, Facebook, Twitter, national advertising....even featured in major motion picture recently

 

[OnePercenter]

I work for a huge chain.
Our food cost goal is 23-24% with only a 1% variance for waste.
We have buyers negotiating our prices.
Constantly remodeling....just launched new logo.
Hostess used to be a supplier.
Already have free WiFi, Facebook, Twitter, national advertising....even featured in major motion picture recently

You work for a 'huge chain.'

So tell us; How much profit is taken BEFORE your store?

 

[BluePhantom]

No shit! Now toss in another 26%-30% for food and you are somewhere between 55%-60%. Then you have utilities, rent, insurance, maintenance, payroll taxes, marketing, etc, etc, etc.....pfft....20 fucking percent my ass.

That's 26%-30% of what for food?

Let's do it this way.......What is the typical mark-up on a menu item?

You claim to have financed restaurants but you don't know how to calculate food cost?!?!?! Just stop...stop before you make a bigger ass of yourself than you already have.

 

[BluePhantom]

Oh you want to talk about signs? How about this one. There was a tree in front of the sign to one of our locations and it was obscuring the sign from traffic. I pointed this out to the owner. Now we can't just cut down the damned tree because we live in Portland and killing a tree for marketing is like treason so he spent $10,000 to move the fucking sign ten yards from one side of the tree to the other. Of course this obscured the sign from the view of traffic coming the other way.

I could have solved the problem for a couple hundred bucks in one afternoon with a chainsaw and a U-Haul. The public would have gotten over it.

Or the sign could have been placed in a more suitable place in the beginning. It's called the six p's.

Well I am not sure if you realize this but trees DO grow

 

[BluePhantom]

What will happen is exactly what we are doing at the restaurants I manage and what is happening all over the industry. Workers get 28 hours a week and no more. So all these people who had full time jobs now have part time jobs. So they get less money and have to buy their own insurance out of their smaller paycheck. Way to go Reid, Pelosi, and Obama.

Screwing the people that make you all of your money? Typical asshole.

Well we can give them all the shit liberals demand, go bankrupt, close our doors and then they will have no job at all. How does that sound?

 

[boedicca]

Pretty soon more restaurant workers will be FORMER workers due to being replaced by robots.

Then we'll be paying 100% of their welfare benefits.

Hopenchange!

Sure, just like the self-driving car. The Google car has been hacked.

The hamburger flipping robot, who's manufacturer states won't flip hamburgers.

Our Government has been hacked uncountable times - it hasn't stopped it's existence.

There's far less upside in hacking a sandwich making robot.

 

[boedicca]

Morons like Percenter think business expenses are tax subsidies, and that businesses should be taxed on revenue (not profit).

Revenue and income are the sum of the total. You're taxed on income minus deductions, why shouldn't business?

Under my plan, small business would never pay more than 30% of revenue for taxes and employee expenses. Currently it's 50%-60%.

Revenue and Income are not the Sum Of The Total.

Try again.

 

[BluePhantom]

25-30% of our total operating costs.

You sure ask alot of questions for someone that was so sure of himself about profits.

You'd never want to go out to eat again if you knew the mark up is about triple our cost.
If something costs me a quarter, I'm charging you a dollar for it (at least)

I ask questions so you can dig a hole.

So let's discuss your 25%-30% food costs.

Do you pay cash for your supplies? If so, what is the discount?

Do you have a zero food waste policy established?

Your mark-up isn't enough. People will pay a higher price for CONSTANTLY good food and service.

Are you re-inventing yourself every 3-5 years? Learn from business failures like Hostess who failed to do this.

Do you use social media to promote your restaurant? It's free!

Offer free WiFi. It's 2015!

Ancillary programs such as food trucks, food carts?

I work for a huge chain.
Our food cost goal is 23-24% with only a 1% variance for waste.
We have buyers negotiating our prices.
Constantly remodeling....just launched new logo.
Hostess used to be a supplier.
Already have free WiFi, Facebook, Twitter, national advertising....even featured in major motion picture recently

I am the corporate manager for a chain of three locations and a fourth location that acts as a commissary and sells products under a different brand name. We sell wholesale to Sysco and similar purveyors in the northwest as well as to hotels, other restaurants and processing plants that take our base product and create their own products from it. Our restaurants have a goal of 60% prime cost. How that breaks down between food and labor I really don't care as long as we hit that 60% prime cost target. That leaves 20% for rent, insurance, maintenance, marketing....all the things I mentioned before to hit One Percenter's 20% profit claim. Pfft.....yeah.... dream the fuck on