It costs $10k to ‘own’ a Chick-fil-A franchise

Post by softawre » Tue, Jan 21, 2020, 7:20 PM UTC

copperx wrote: post #212

dv_dt wrote: post #80

Earlier quoted context omitted.

There are exceptions which indicate that may not be the whole story. https://www.businessinsider.com/in-n-out-employee-pay-2018-1 * Store managers earn an average yearly salary of more than $160,000, more than what the typical tech worker in Silicon Valley makes for the year. * High wages for fast-food workers can lead to increased productivity, less employee turnover, and bigger profits in the long run.

Tech worker salaries are higher if you look at the total compensation.

Post by eggsome » Wed, Jan 22, 2020, 11:14 PM UTC

asdff wrote: post #183

privateSFacct wrote: post #160

Earlier quoted context omitted.

Interesting some decades ago I think McDonald's did a study that led to something called the 4 minute McDonald's universe which was a distance they found people would go for spur of the moment purchasing. Obviously impractical, but this idea of optimizing for total revenue has been around for a bit I think.

And it's not limited to mcdonalds. Starbucks is getting notorious for this. Here is an area by me with three starbii: https://goo.gl/maps/qR2XLLVYmqiyrHtLA One in the vons, directly across the street from one in the ralphs, and if you head north on vermont in this street view you will hit a burger king. Today that is a freestanding starbucks. Three starbucks locations in less than a square mile.