Quote:
Originally Posted by lonestar
OK what about utilities, rent or loans on the expense of building a store, I guess the equipment that they cook and clean with were free or the tables and chairs then ewe have liability insurance. UN-employment insurance, the employers portion of FICA,
Yep just a few things that are called overhead I Can go on.
But I think I just blew your thoughtless post of out of the water.
About 80% of restaurants that go into business fail within 5 years.
Oh just another expense franchise fees often 5-7% of the revenue.
I know to liberals overhead is just those pesky employees dollar values.
|
don't be an idiot & open a restaurant in a bad location. most rstaurants that open won't see profit for the 1st 2 yrs assuming they got an avg. location. equip. etc. is covered in the loan you get to open restaurant BTW.