Moonstone Bistro, a popular fine-dining restaurant in west Redding, has announced they will stop serving lunch, citing California’s increased minimum wage...
I feel it’s accurate. Most people are not reading it nor understand it. Their point is it’s too expensive to open or run anything how days. The employees are just another cost.
As they said it needs to be easier and cheaper.
I doubt you’ve even owned a business otherwise you’d understand and not focus just on the worker comment. It’s very expensive to run a business. It’s very risky. Considering the works make about the same as the owners, that’s concerning as they may close shop and move on.
We’d have more small businesses if we made it easier and cheaper. It’s why wallarts and Amazons are crushing everyone.
No you are not. When you start a business, you typically have to put your home up for collateral. You also have to cosign the loans for the business. So if the business fails, you’re liable.
As I said, you’ve never owned a busiNess or you would have know that. It’s why the third founder of apple left. He was the only one with assets.
It typically takes 5 years before you don’t need to put your own assets as risk if you show proper cash flow.
If you’ve never heard of him. It’s an interesting read. Now it seems silly that he pulled out but at the time it was a sane decision.
Yes. Their work is being undervalued. They talk about tent, taxes, etc. the other option was layoff workers.
The owners work is being undervalued?! lol
Guess you didn’t read the article.
I read it. Just because the owners feel it doesn’t make it true.
I feel it’s accurate. Most people are not reading it nor understand it. Their point is it’s too expensive to open or run anything how days. The employees are just another cost.
As they said it needs to be easier and cheaper.
I doubt you’ve even owned a business otherwise you’d understand and not focus just on the worker comment. It’s very expensive to run a business. It’s very risky. Considering the works make about the same as the owners, that’s concerning as they may close shop and move on.
We’d have more small businesses if we made it easier and cheaper. It’s why wallarts and Amazons are crushing everyone.
It’s not that risky to run a business. If it fails then you’re insulated from its failure.
If your business can’t succeed without your employees being impoverished then it’s not a business that deserves to exist.
No you are not. When you start a business, you typically have to put your home up for collateral. You also have to cosign the loans for the business. So if the business fails, you’re liable. As I said, you’ve never owned a busiNess or you would have know that. It’s why the third founder of apple left. He was the only one with assets.
It typically takes 5 years before you don’t need to put your own assets as risk if you show proper cash flow.
If you’ve never heard of him. It’s an interesting read. Now it seems silly that he pulled out but at the time it was a sane decision.
https://en.m.wikipedia.org/wiki/Ronald_Wayne#:~:text=Ronald Gerald Wayne (born%20May,documentation%20for%20the%20new%20venture.
Assuming that you don’t already have the capital from other means.