McDonald’s is Suing Seattle Over the Minimum Wage. Here’s Why it Matters

[Theraflu]

No, they actually don't. Don't get me wrong, some do, but you'd be hard-pressed to find the average franchise owner making a profit.

Increasing the minimum wage is going to increase the labor cost to such an extent for some that they may have to decide between putting less people on for a shift, letting people go, or shutting down altogether.

Either way, it's going to be interesting to see how this all pans-out.​

then they should close up shop.

 

[CodeBlaMeVi]

So am I supposed to feel bad for the franchisee owner for not being able to afford to pay their employees a livable wage? Small businesses are going to be hit hardest with this but shyt has to happen. Imposing a restriction on them only delays the inevitable; people need to get paid fairly across the goddamn board.

My wisdom to you is there is no such thing as fair in a capitalism society. None. They make more money, their cost of living will spike unless they put price ceilings. Good luck with that.

 

[babylon1]

No, they actually don't. Don't get me wrong, some do, but you'd be hard-pressed to find the average franchise owner making a profit.

Increasing the minimum wage is going to increase the labor cost to such an extent for some that they may have to decide between putting less people on for a shift, letting people go, or shutting down altogether.

Either way, it's going to be interesting to see how this all pans-out.​

nah breh. you don't know what you are talking about. i worked for a mcdonald's franchisee and trust me, the vast majority of them are making bank. fukk the capitalists

 

[CrimsonTider]

@Ed MOTHERfukkING G

Did you read about the franchises being independently owned. As in, the guy down the street might own a few local franchises.

Why are acting like some average joe can own a Mcda franchise

You do realize you have to have $750,000 of liquid assets in the bank, you must have 40% down payment from non borrowed resources

 

[Blackout]

Less McDonald's is actually beneficial to the health of everybody.

This exposes their true colors of exploiters of low pay.

 

[Tikal]

Companies can sue the community over laws passed? The US is strange indeed.

Also, McDonalds is

 

[TLR Is Mental Poison]

Its frustrating to read discussions on business here

All McDonald's is doing is exposing themselves to not wanting to pay their employees

No company wants to pay its employees, just like nobody wants to pay for rent or gas, but they do

So am I supposed to feel bad for the franchisee owner for not being able to afford to pay their employees a livable wage? Small businesses are going to be hit hardest with this but shyt has to happen. Imposing a restriction on them only delays the inevitable; people need to get paid fairly across the goddamn board.

"Paying a living wage" wont do much to help people at the bottom of the socioeconomic ladder get out of poverty, if they still dont have access to affordable healthcare, affordable child care, or easy means to higher education or job/skills training.

Bet McDonald's won't show the margins on them hamburgers to us..

McDonalds is a publicly traded company... they are required to show all their financials by law

No, they actually don't. Don't get me wrong, some do, but you'd be hard-pressed to find the average franchise owner making a profit.

Avg franchise owner is most def turning a profit. If they werent basically what youre saying is a franchise owner is taking money from another place to sink into their McDonalds. Doesnt make any sense.

fukk the capitalists

So people who start businesses don't deserve to make money? You are acting like everyone who owns a business is some kind of billionaire fat cat

Basic business/financial education should be mandatory in America... threads like this are always proof

 

[Dafunkdoc_Unlimited]

nah breh. you don't know what you are talking about. i worked for a mcdonald's franchisee and trust me, the vast majority of them are making bank. fukk the capitalists

If you haven't worked management, then you don't know what YOU'RE talking about.​

Avg franchise owner is most def turning a profit. If they werent basically what youre saying is a franchise owner is taking money from another place to sink into their McDonalds. Doesnt make any sense.

No, the average franchise owner is barely making a profit. Case-in-point: the McDonald's in my neighborhood is owned by a husband/wife team that owned another store in a nearby town. The store was located on the beach and the township required them to stay open year-round. Needless to say, during the winter, their business was less than stellar. The profits they made during the summer were used during the winter to pay employees, taxes, owner fees, etc. Moreover, the Corporation requires franchise owners to completely re-do their stores every few years and they didn't have enough to do so. They closed-up shop and moved here. There are a couple other franchise spots here (Dunkin' Donuts, Burger King) and they are having similar issues. They make enough during the summer to keep the stores open during the winter, and that's about it.​

 

[Mr. Negative]

*waits for Costco to go out of business*

 

[dora_da_destroyer]

nah breh. you don't know what you are talking about. i worked for a mcdonald's franchisee and trust me, the vast majority of them are making bank. fukk the capitalists

so a business owner isn't supposed to make a profit? they invest in a franchise, pay taxes, pay for labor, cop the real estate (or take on the fees/taxes related to the land) and they're just supposed to not see any return?

yall kill me on here, in damn near every other thread, yall are talking about how black people need to start their own businesses, but then in the next it's fukk the owners & capitalism? got it

 

[dora_da_destroyer]

Why are acting like some average joe can own a Mcda franchise

You do realize you have to have $750,000 of liquid assets in the bank, you must have 40% down payment from non borrowed resources

to be honest, that is "average joe"...someone who is in their 40's/50's who saved, had a job with bonuses, saved those, maybe sold their first house could have saved enough to do that. others have owned other small businesses, i really don't get yall, you want people to own businesses, then punish them for being successful business owners

 

[CrimsonTider]

to be honest, that is "average joe"...someone who is in their 40's/50's who saved, had a job with bonuses, saved those, maybe sold their first house could have saved enough to do that. others have owned other small businesses, i really don't get yall, you want people to own businesses, then punish them for being successful business owners

Having at least $750,000 cash is an average joe!!!!!!!!!

Are you out of your mind?

The median income for a house of 4 is 50,000 a year

 

[Da King]

the ONE time in my life I ever followed through on a "New years resolution" was in 2013 when I vowed not to eat any McDonalds. I still won't eat their burgers but the fries are addictive.

So you won't eat McDonald's but their fries aren't off limits?

 

[The Maverick]

What's happening here is that the government is essentially subsidizing companies that should be in the red into being profitable companies with the way the current model is set up. If things were "correct" from the jump, companies like McDonald's and Walmart would not be costing the government/taxpayers billions in entitlements, food stamps, subsidized housing, etc, but would instead either have to close shop, or adjust their businesses accordingly. The onus should not fall on the taxpayer to continue to allow these businesses to get away with not paying a living wage to their employees.

If you defend multinational corporations over your own interests in 2015, you lost.

 

[dora_da_destroyer]

Having at least $750,000 cash is an average joe!!!!!!!!!

Are you out of your mind?

The median income for a house of 4 is 50,000 a year

i'm saying plenty of average jobs allow you to make 80-150k, those are the people who have access to saving for a franchise, as well as owners of other small businesses. you're acting like you have to be some tyc00n or billionaire heir to save up enough capital for a franchise, that's not the case. the franchise model is accessible to the middle class and those who pool their money (i.e. all these immigrants who own subways), no you're not opening one at 24 fresh out of school, but it's doable if that's your goal