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View Diary: Fast food workers strike because 'these companies aren’t magically going to make our lives better' (62 comments)

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  •  ...franchises are all different... (0+ / 0-)

    ...some allow a lot of personal control by the franchise holder...many do not allow any control from any other source than the corporation.

    The basic idea is that a person will pony up a big bunch of money to "own" the franchise. By getting one they are guaranteed there won't be another within the area thereby making it an almost absolute lock they'll bring in very good money.

    I live in a small town of 26,000 people. There is only one of everything here (one Jack n the Box, one McDonalds, one Taco Bell one KFC...soon there will be one Wendy's)

    In the next closest town...of 87,000...there are three McDonalds, but they are all owned by the same person...that's how it works. You normally have "exclusive rights" to be the franchisee of a certain area. If you decide to have three McDonald's in "your area" that's up to you if you can afford it and market research shows the area can support it.

    I have a medical practice and over the years I've treated several owners of franchises. They are all very, very wealthy...BUT they were all wealthy before they bought their franchises. For them owning franchises is just another very excellent income stream. They hire a manager and sit back and make money

    INTERESTINGLY Neil Cavuto of FOX NEWS went on about how he started out working at a fish and chip place when he was 16 years old. He tells us he worked his way to being the manager. He tells us he made $2.00 an hour...minimum wage at the time.

    What he DIDN'T say is that would be the same as $9.47 per hour now...that's what minimum wage should be now to be equal to what he made then.  AND he didn't tell us he had a FULL TIME JOB that also paid him overtime when he worked more than 40 hours per week.

    There are nearly no full time jobs out there...even the ones that pay minimum wage. A new deal was passed under George W. Bush that basically did away with over time pay by making employees "representatives" or "associates." This new designation isn't just words...it has a new legal meaning...as in you aren't an employee any more so they can skirt overtime pay.

    The sad truth is these "conservatives" who are against an increase in minimum wage AND who complain if it did go up it would harm these businesses ARE NOT BEING honest in explaining it was a entirely different situation when they got minimum wage jobs when they were teenagers.

    Ignorance is bliss only for the ignorant. The rest of us must suffer the consequences. -7.38; -3.44

    by paradise50 on Sun Aug 04, 2013 at 03:21:11 PM PDT

    [ Parent ]

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