Bon Jovi's community restaurant opens in Red Bank

Discussion in 'Current Events' started by chanel, Oct 20, 2011.

  1. chanel
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    chanel Silver Member

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    Bon Jovi's community restaurant opens in Red Bank | The Asbury Park Press | APP.com

    How long do you give it?
     
  2. MeBelle
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    MeBelle Mebellien Mothership © Supporting Member

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    I think it will do well.
    Researching other community style restaurants, their failure seemed to be allowing anyone to eat for free.
    Bon Jovi has that covered by having non-paying patrons volunteer @ the restaurant.

    Panera is also working the same concept, but it is backed by the company for the eateries that are 'pay what you want'.
     
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  3. Ravi
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    Ravi Diamond Member

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    I like it.
     
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  4. chanel
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    chanel Silver Member

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    There are a lot of wealthy people in that area that might help keep it going for a while. But I just can't see unemployed people going to an upscale restaurant and then washing dishes afterwards.

    I am also very familiar with the over-regulation of small businesses in NJ. I imagine Bon Jovi will have to buy worker's comp insurance on all those "volunteers". And someone will sue for something eventually.

    Next time I'm in the area, I might check it out. Red Bank is one of my favorite places.
     
  5. Ravi
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    Ravi Diamond Member

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    Volunteers everywhere are covered by workers comp if they receive something of value. In this case food.

    Good morning, Debbie Downer!
     
  6. chanel
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    chanel Silver Member

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    Good to know. But I am still skeptical. The state, the insurance companies and the lawyers will get their "fair share" somehow. Esp. if it's successful.
     
  7. Ravi
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    Ravi Diamond Member

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    Of course they will.

    But what he's doing is actually a very "conservative" idea. Making people work for their handouts.

    Maybe this is why we don't make welfare recipients work for their food stamps. The workers comp and liability to cover these government "employees" would add too much in costs.
     
  8. Skull Pilot
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    Skull Pilot Platinum Member

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  9. Ravi
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    Ravi Diamond Member

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    I dunno....I think it would fall more into the category of feeding your employees.
     
  10. Skull Pilot
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    Skull Pilot Platinum Member

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    But the pay is in the form of food so therefore the cost of the purchase and preparation of that food is their pay and according to the IRS that is a taxable event.

    For example, in my business I like to give my employees discounts but if I give too much of a discount (say I sold items at cost only to employees) I can actually get in trouble because the IRS would consider the product or service I discounted to too great a degree as income and I would have to report it on their W2s.
     

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