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The Water Cooler
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My Popeyes 8 piece jumbo shrimp combo UPDATED with Popeye's reply
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<blockquote data-quote="Seadog" data-source="post: 3845114" data-attributes="member: 9018"><p>I’ve seen the two examples that you mentioned. Kind of different financial plans though. </p><p></p><p>Like our fearless leader Bumbling Beijing Biden would say, come on man </p><p></p><p>One, a franchise that is usually bought buy an aspiring entrepreneur putting up some collateral and taking out a loan for a business hiring outsiders as in young adults that have little experience working. </p><p>The franchises have contracts and obligations to fill with the parent organization. Sure. Plus lots of overhead. The average guy that owns one or two fast food franchise’s, we could probably agree isn’t going to be flying on a private jet or making the big bucks. That describes the majority of franchises. </p><p></p><p>The other tends to be family run and owned. There’s a chance everybody’s living under the same roof and splitting the bills. Being family run there’s a good chance of a lot of the income is not being declared. Also probably not flying on that private jet. </p><p></p><p>I don’t think a lot of these entrepreneur franchises are big-time CEOs with private jets. </p><p></p><p>People can choose to work wherever they want. Some places do tips and some don’t. There’s a lot of crappy tippers out there. I had a family member that worked for a restaurant. That’s how the person helped pay for their way going through college. Said person was happy if they average 10% tips throughout the night. For every good tipper there’s a lot of crappy tippers if they even tip at all. Not to mention a lot of places that do take Tipps have to split with the bus people and the cooks. Then the tipps shrink even more. </p><p></p><p>So like I said, if a person stays in a fast food or dinning career field, for the most part they’ve made some bad life choices</p></blockquote><p></p>
[QUOTE="Seadog, post: 3845114, member: 9018"] I’ve seen the two examples that you mentioned. Kind of different financial plans though. Like our fearless leader Bumbling Beijing Biden would say, come on man One, a franchise that is usually bought buy an aspiring entrepreneur putting up some collateral and taking out a loan for a business hiring outsiders as in young adults that have little experience working. The franchises have contracts and obligations to fill with the parent organization. Sure. Plus lots of overhead. The average guy that owns one or two fast food franchise’s, we could probably agree isn’t going to be flying on a private jet or making the big bucks. That describes the majority of franchises. The other tends to be family run and owned. There’s a chance everybody’s living under the same roof and splitting the bills. Being family run there’s a good chance of a lot of the income is not being declared. Also probably not flying on that private jet. I don’t think a lot of these entrepreneur franchises are big-time CEOs with private jets. People can choose to work wherever they want. Some places do tips and some don’t. There’s a lot of crappy tippers out there. I had a family member that worked for a restaurant. That’s how the person helped pay for their way going through college. Said person was happy if they average 10% tips throughout the night. For every good tipper there’s a lot of crappy tippers if they even tip at all. Not to mention a lot of places that do take Tipps have to split with the bus people and the cooks. Then the tipps shrink even more. So like I said, if a person stays in a fast food or dinning career field, for the most part they’ve made some bad life choices [/QUOTE]
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