Minimum Wage Increase: They Never Talks About the SALES

If I was a governor of a state with a legislature stupid enough to pass a $30/hr minimum wage, I would totally sign it into law. Just to shut you morons up once and for all.

Hey if someone can get $30, good for them. America's all about gettin that paper. That's what matters most in America.

And if they can't, they're not allowed to work. Nice.

America is all about greed. So why do people like you feel workers aren't allowed to be greedy? You certainly don't mind businesses being greedy? So why not struggling workers? Why can't they be greedy? America's only about the cash. Workers would be stupid to not demand theirs.

Workers are absolutely allowed to be greedy. If a worker is greedy enough to better their standard of living by improving their value and finding a higher paying job elsewhere, they are absolutely entitled to do so. But asking for your value to double overnight despite what you contribute to your company isn't greed, it's outright insanity.

Don't ask, demand. Asking nicely won't cut it. Good to see Americans Workers catching on again. They've been beaten down for so long, they forgot that they do have leverage.
 
Hey if someone can get $30, good for them. America's all about gettin that paper. That's what America's all about.

The reason I know that even you don't believe the bullshit your spinning is that you will never answer a very simple question: If minimum wage mandates have no negative repercussions, why stop at $30/hr? Why not just legislate a $100/hr minimum wage? If you think that is ridiculous, please explain why.

Well obviously there has to be some reasonable contemplation involved.

Why?

But again i ask, show us all the examples of businesses going under due to the Minimum Wage. Because i've never observed even one example of that happening. If you can't afford to pay Minimum Wage, you need to shut things down. It wasn't meant to be for you.

In terms of real value, relative to inflation, minimum wage has been going down. So if anything, they've been getting relief over the last twenty or thirty years. There's no evidence that minimum wage increases will have negative consequences because they've been carefully, and deliberately, kept lagging behind the rate of inflation.

And again, the other point you keep ignoring, what do you say to workers who want to do work that isn't worth $30/hr? I'm not that really concerned about the fate of the businesses in question. They can, and will, find a workaround for dumbass regulations. They always do. It's the workers who are told they can no longer work who will suffer.

But what is a human being worth? Seems to be a pretty arbitrary calculation and a matter of philosophical viewpoint. If a human being isn't worth $15 an hr to you, than so be it. But others may see it very differently than you do. Personally, i don't think $15 is very much. It'll still be a struggle for most. But that's just me.

And there it is, I *knew* we'd get here eventually. 'What is the value of a human being?' The exact type of nonsensical rhetoric I'd expect from any four year old... or any liberal for that matter. This chap isn't here to discuss the cause/effect relationship of minimum wages and production costs, he's just here to waste everyone's time with hippie 'all humans are worth more!' rantings. If any employer at any time paid more than 3 pennies for any amount of this poster's time, they are owed a big-time refund. >:)

Well, you see it much differently than i do. I'm perfectly fine with an American being 'worth' $15 an hr. I can live with that. And i have shown you some cause/effect.

The Minimum Wage has been around for a long time. And during that time, businesses have not only survived, they've thrived. America has more Millionaires and Billionaires than ever before. So the sky really won't be falling. Businesses will be fine. Just like all the other times Minimum Wage was raised.
 
If a business can't afford to pay Minimum Wage, then it's time to shut it down. I've never seen a business yet that went out of business because of paying Minimum Wage. If you or someone else has an example, i'm willing to check it out.

Guess how many NY State job pay grades start below $15 an hour...wait for it...a bunch of them. OH SNAP!!

Why does that make you happy? You should want fellow Americans to do well. Don't allow hate & greed to consume you. Could come back to bite you.

we are the ones who want people to do well...what you advocate is stealing.....when you order at gun point businesses to pay a certain amount they don't want to pay...that is stealing....and it is wrong and immoral.......

Sadly it has to be done. Slaves can't just sit back and leave it all up to the Slave Masters. That just isn't good common sense. They have to demand more. Asking nicely ain't gonna do it.

And the sky isn't gonna fall either. You guys predict that everytime, and it never happens. The reality is, Businesses will deal with paying $15. And then they'll deal with paying $20, $25, $30, and so on. Life will go on.


yeah...keep telling yourself that....you are naive, foolish, or in on the con job....

It's not like you guys haven't predicted end-times before over raising Minimum Wage. And obviously it never happens. So why should we believe you this time?
 
When was the last time you heard Obama or any of these $15 an hour minimum wage frauds calling out state governments in liberal states for not paying their workers $15 an hour?
FYI-
President Obama is wanting the minimum wage to go to $10.10 NOT $15.

Of course. The corporatists are evil, but they're not idiots. They're never going to raise the minimum wage to the level that it will damage economic output.
You are right, they won't raise it enough to damage the economic output.

Wise observation. I've never observed a single business go under due to the Minimum Wage. It just doesn't happen. I've asked several times for someone to show us all the examples of businesses going under because of it. So far, no one's provided even one. The fact is, if you're struggling to pay Minimum Wage, your business is doomed. You might as well close up shop.
I have offered you examples. You just refuse to acknowledge they exist.

On the other hand, you have not yet explained your objection to basing a worker's wage solely upon what the worker's work is worth.

Why is that?
I guess I do not understand your point or you do not understand the business term "productivity"?
 
Guess how many NY State job pay grades start below $15 an hour...wait for it...a bunch of them. OH SNAP!!

Why does that make you happy? You should want fellow Americans to do well. Don't allow hate & greed to consume you. Could come back to bite you.

we are the ones who want people to do well...what you advocate is stealing.....when you order at gun point businesses to pay a certain amount they don't want to pay...that is stealing....and it is wrong and immoral.......

Sadly it has to be done. Slaves can't just sit back and leave it all up to the Slave Masters. That just isn't good common sense. They have to demand more. Asking nicely ain't gonna do it.

And the sky isn't gonna fall either. You guys predict that everytime, and it never happens. The reality is, Businesses will deal with paying $15. And then they'll deal with paying $20, $25, $30, and so on. Life will go on.


yeah...keep telling yourself that....you are naive, foolish, or in on the con job....

It's not like you guys haven't predicted end-times before over raising Minimum Wage. And obviously it never happens. So why should we believe you this time?


Yes...ask all the unemployed teenagers and all the people who now work 2 part time jobs because their hours were cut due to minimum wage increases.....
 
When was the last time you heard Obama or any of these $15 an hour minimum wage frauds calling out state governments in liberal states for not paying their workers $15 an hour?
FYI-
President Obama is wanting the minimum wage to go to $10.10 NOT $15.

Of course. The corporatists are evil, but they're not idiots. They're never going to raise the minimum wage to the level that it will damage economic output.
You are right, they won't raise it enough to damage the economic output.

Wise observation. I've never observed a single business go under due to the Minimum Wage. It just doesn't happen. I've asked several times for someone to show us all the examples of businesses going under because of it. So far, no one's provided even one. The fact is, if you're struggling to pay Minimum Wage, your business is doomed. You might as well close up shop.
I have offered you examples. You just refuse to acknowledge they exist.

On the other hand, you have not yet explained your objection to basing a worker's wage solely upon what the worker's work is worth.

Why is that?

Which businesses have gone under due to the Minimum Wage? I haven't observed a single one.
 
Some actual victims of the 15 dollar minimum wage.....

SeaTac workers not happy with 15 min. wage

A writer for NW Asian Weekly recently blogged about her experience attending an event at a SeaTac hotel. She asked employees if they were “happy with the $15 wage.” The ensuing conversations,


“It sounds good, but it’s not good,” the woman said.


“Why?” I asked.


“I lost my 401k, health insurance, paid holiday, and vacation,” she responded. “No more free food,” she added.


“The hotel used to feed her. Now, she has to bring her own food. Also, no overtime, she said. She used to work extra hours and received overtime pay.


“What else? I asked.
 
Why does that make you happy? You should want fellow Americans to do well. Don't allow hate & greed to consume you. Could come back to bite you.

we are the ones who want people to do well...what you advocate is stealing.....when you order at gun point businesses to pay a certain amount they don't want to pay...that is stealing....and it is wrong and immoral.......

When was the last time you heard Obama or any of these $15 an hour minimum wage frauds calling out state governments in liberal states for not paying their workers $15 an hour?
FYI-
President Obama is wanting the minimum wage to go to $10.10 NOT $15.

Fair enough. Speaking of Maine, great lobster but Maine's taxes are insane.
It's the beginning of the Season and we had Lobstah day before yesterday from the local shack for $6.99 lb.....no soft shell available, so only hard shell....DELISCIOUS!

by the end of the Season it could get down to $3-$4.99 a pound...I LOVE summers here!

Yes, taxes are high, and have gotten higher since we moved here, TY LePaige...
Whats this got to do with anything?
BTW, If I recall, you live in Maine. Nice place.....Unfortunately many people who have few skills including immigrants from Somalia ( Lewiston) have also taken up space in the Pine Tree State, putting a tremendous strain on limited social resources. Hence, taxes go up.....on the producers.....Nice...
http://www.frontpagemag.com/2013/dgreenfield/maine-struggles-to-cut-off-welfare-for-somali-migrants/
 
Why does that make you happy? You should want fellow Americans to do well. Don't allow hate & greed to consume you. Could come back to bite you.

we are the ones who want people to do well...what you advocate is stealing.....when you order at gun point businesses to pay a certain amount they don't want to pay...that is stealing....and it is wrong and immoral.......

Sadly it has to be done. Slaves can't just sit back and leave it all up to the Slave Masters. That just isn't good common sense. They have to demand more. Asking nicely ain't gonna do it.

And the sky isn't gonna fall either. You guys predict that everytime, and it never happens. The reality is, Businesses will deal with paying $15. And then they'll deal with paying $20, $25, $30, and so on. Life will go on.


yeah...keep telling yourself that....you are naive, foolish, or in on the con job....

It's not like you guys haven't predicted end-times before over raising Minimum Wage. And obviously it never happens. So why should we believe you this time?


Yes...ask all the unemployed teenagers and all the people who now work 2 part time jobs because their hours were cut due to minimum wage increases.....

The world won't end because of raising the Minimum Wage. I promise. You guys have predicted that everytime. And obviously you've been wrong everytime. Businesses will do what they always do. They'll bitch & moan about having to pay workers more, and then they'll shut up and deal with it.

Since the implementation of the Minimum Wage, there has been more Millionaires and Billionaires created than ever before in our history. So the Minimum Wage does not put businesses out of business. There just isn't any proof supporting it does. So, life really will go on. Businesses will continue to survive and thrive.
 
Some actual victims of the 15 dollar minimum wage.....

SeaTac workers not happy with 15 min. wage

A writer for NW Asian Weekly recently blogged about her experience attending an event at a SeaTac hotel. She asked employees if they were “happy with the $15 wage.” The ensuing conversations,


“It sounds good, but it’s not good,” the woman said.


“Why?” I asked.


“I lost my 401k, health insurance, paid holiday, and vacation,” she responded. “No more free food,” she added.


“The hotel used to feed her. Now, she has to bring her own food. Also, no overtime, she said. She used to work extra hours and received overtime pay.


“What else? I asked.

The source is a right wing blog which interviewed two workers.

I find the "no free food" complaint beyond ridiculous. Your wages just doubled and you're complaining that you don't get a free lunch every day which was worth $10 a day, tops.
 
The whole debate on Minimum Wage can be pretty pointless. Everytime it's raised, the usual suspects claim the sky is gonna fall as a result. And obviously they're always wrong. Businesses end up not only surviving, but thriving as well.

The reality is, some struggling American Workers will catch a small break and maybe do a little better. $10-$15 an hr isn't gonna make them wealthy. It will still be a struggle. Such is life in modern America. And they probably won't raise it again for another 10-20 yrs anyway. So there's a bit of solace for all the greedy whiners out there. But personally, i'm happy for em. I hope it helps. I really do. Now i'm gonna quietly bow out of the discussion. There just isn't anything more to discuss.
 
Minimum wage laws demand that workers willing to accept wages less than the minimum wage are barred from such contracts. Minimum wage laws cannot create jobs, they can ONLY outlaw them. Statutory minimum wage is compulsory unemployment.

You simply cannot avoid devaluing wages when you make $1/hr work cost the same as $15/hr work. There is no escape from the objective fact of economic reality that minimum wage laws devalue wages.

Adding new dollars to the economy by increasing the minimum wage beyond what the work is worth is not the same thing as creating new wealth. Minimum wage laws necessarily result in inflation.

I find it instructive that not one minimum wage proponent on this board is willing to discuss the reasons they object to basing a workers wages solely upon what that worker's work is worth.
It is set at their worth, let's say payroll is set at 30 percent of sales....when the business sales go up, so should payroll, year after year.....still 30 percent of sales.....

Are you saying when it was set at 30 percent of sales 10 years ago that it should stay at that flat amount and not go up even though over the 10 years the business is now doing 50 percent more in sales than it did?
Wow...
Ok. lets say for a moment wages are tied to the performance/profitability of the employer.
Now, lets say oh its 2008 all over again. Business is down. Way down. Now remember, you suggested this.....My net income after expenses was 100,000 dollars....Using your figure of 30%, my payroll is $30k....
The following year my net income is $75k.....BTW, many businesses that survived the carnage had much greater decreases in net income. Anyway, now my labor only gets to cost $25K.....My workers all had to accept pay cuts or move on....
Ok with you?
BTW, sales have nothing to do with labor costs.
The proper way is to limit labor costs to no more than one third of net income. Not sales.
And that is tied directly to the reason a business owner hires workers in the first place. That is to complete the work required to produce a profit....
Realize this.....Business will do whatever it takes to remain profitable. With this artificially produced wage increase, business owners will have to make choices.
Cut hours, cut staff, raise prices, replace workers with technology, or close.
 
we are the ones who want people to do well...what you advocate is stealing.....when you order at gun point businesses to pay a certain amount they don't want to pay...that is stealing....and it is wrong and immoral.......

When was the last time you heard Obama or any of these $15 an hour minimum wage frauds calling out state governments in liberal states for not paying their workers $15 an hour?
FYI-
President Obama is wanting the minimum wage to go to $10.10 NOT $15.

Of course. The corporatists are evil, but they're not idiots. They're never going to raise the minimum wage to the level that it will damage economic output.
You are right, they won't raise it enough to damage the economic output.

Wise observation. I've never observed a single business go under due to the Minimum Wage. It just doesn't happen. I've asked several times for someone to show us all the examples of businesses going under because of it. So far, no one's provided even one. The fact is, if you're struggling to pay Minimum Wage, your business is doomed. You might as well close up shop.

That's because you are an uneducated simpleton, when the bottom wage is forced up to $15 an hour what happens to the rest of the wage scales, yes everyone wants a raise.
 
The whole debate on Minimum Wage can be pretty pointless. Everytime it's raised, the usual suspects claim the sky is gonna fall as a result. And obviously they're always wrong. Businesses end up not only surviving, but thriving as well.

The reality is, some struggling American Workers will catch a small break and maybe do a little better. $10-$15 an hr isn't gonna make them wealthy. It will still be a struggle. Such is life in modern America. And they probably won't raise it again for another 10-20 yrs anyway. So there's a bit of solace for all the greedy whiners out there. But personally, i'm happy for em. I hope it helps. I really do. Now i'm gonna quietly bow out of the discussion. There just isn't anything more to discuss.
Greedy whiners? Define that.
You're happy for them? Why because it is other people's money paying the wages?
You're a phony, pal....
 
Well then go complain to Democrats who are invested in these corporations, get Democrats to give up their profits and give the money to workers, lead by example.

If a business can't afford to pay Minimum Wage, then it's time to shut it down. I've never seen a business yet that went out of business because of paying Minimum Wage. If you or someone else has an example, i'm willing to check it out.

Guess how many NY State job pay grades start below $15 an hour...wait for it...a bunch of them. OH SNAP!!

Why does that make you happy? You should want fellow Americans to do well. Don't allow hate & greed to consume you. Could come back to bite you.

we are the ones who want people to do well...what you advocate is stealing.....when you order at gun point businesses to pay a certain amount they don't want to pay...that is stealing....and it is wrong and immoral.......

Sadly it has to be done. Slaves can't just sit back and leave it all up to the Slave Masters. That just isn't good common sense. They have to demand more. Asking nicely ain't gonna do it.

And the sky isn't gonna fall either. You guys predict that everytime, and it never happens. The reality is, Businesses will deal with paying $15. And then they'll deal with paying $20, $25, $30, and so on. Life will go on.
Which slaves?......You fucking people whop have no skin in the game but feel entitled to demand others cough up their money are just flapping your gums.
Until you have walked a mile in the shoes of the business owner, shut up.
 
Minimum wage laws demand that workers willing to accept wages less than the minimum wage are barred from such contracts. Minimum wage laws cannot create jobs, they can ONLY outlaw them. Statutory minimum wage is compulsory unemployment.

You simply cannot avoid devaluing wages when you make $1/hr work cost the same as $15/hr work. There is no escape from the objective fact of economic reality that minimum wage laws devalue wages.

Adding new dollars to the economy by increasing the minimum wage beyond what the work is worth is not the same thing as creating new wealth. Minimum wage laws necessarily result in inflation.

I find it instructive that not one minimum wage proponent on this board is willing to discuss the reasons they object to basing a workers wages solely upon what that worker's work is worth.
It is set at their worth, let's say payroll is set at 30 percent of sales....when the business sales go up, so should payroll, year after year.....still 30 percent of sales.....

Are you saying when it was set at 30 percent of sales 10 years ago that it should stay at that flat amount and not go up even though over the 10 years the business is now doing 50 percent more in sales than it did?
Yes. I understand you might wish to base wages upon what a worker is worth... or what they want... or what they "need"... or what their bosses make... or "percent of sales"... etc.

I'm asking you why do you object to basing a workers wages solely upon what that worker's work is worth.
I am basing it on the employee's work, and it's called "productivity", and it is BASED on Sales generated per employee for the hours they work.
Can't do that because it doesn't work that way..
For example. Lets say have a dry cleaning business. Its the only one in town....Then another opens(B). That one is taking business away because the owner in attempt to build customer base is performing his services at break even for a limited time. he can do that because tax law permits new businesses to declare a net loss for their first five years in business. Meanwhile the original cleaners(A) has been forced to lower his prices in order to compete.....(B) starts to struggle. (B) cuts hours. (A) is experiencing an uptick in sales. BUT.......(A) has been forced by his client's expectations to keep his prices low because (B) is still in town.....(A)'s sales have INCREASED but his profits have not...The workers are logging more hours and producing more work, but the business is not making more money.
Employees are not compensated based on their needs, their status( the single parent argument), or their wants. The work is compensated based on skill, production and the ability of the work to assist the business in turning a profit.
 
Yes, yes, yes. I understand. You never saw a cat turn into a dog, so evolution never happened. You never saw a man on the moon, so it never happened. And you never saw a businesses go under because of minimum wage, so it never happened.

There's literally no arguing with that kind of obtuse denial of reality.

So instead tell me... what is your exact objection to basing a worker's wage solely upon the value of that worker's work?

If you can't afford to pay Minimum Wage, you don't belong in business. Period, end of story.
What is your exact objection to basing a worker's wage solely upon the value of that worker's work?

What does 'value' really mean? I'm ok with an American making $15 an hr. I don't fear the sky falling as a result. Life will go on.

I you understood what value really meant, you wouldn't be spewing all this nonsense.

Putting a value on a human being is a very tricky thing. In this case, i'm ok with a struggling worker being worth $15 an hr. I can live with that. But hey, that's just me.
Its not personal.....The value is placed on the work.
Like it or not, labor is a commodity.
 
Minimum wage laws demand that workers willing to accept wages less than the minimum wage are barred from such contracts. Minimum wage laws cannot create jobs, they can ONLY outlaw them. Statutory minimum wage is compulsory unemployment.

You simply cannot avoid devaluing wages when you make $1/hr work cost the same as $15/hr work. There is no escape from the objective fact of economic reality that minimum wage laws devalue wages.

Adding new dollars to the economy by increasing the minimum wage beyond what the work is worth is not the same thing as creating new wealth. Minimum wage laws necessarily result in inflation.

I find it instructive that not one minimum wage proponent on this board is willing to discuss the reasons they object to basing a workers wages solely upon what that worker's work is worth.
It is set at their worth, let's say payroll is set at 30 percent of sales....when the business sales go up, so should payroll, year after year.....still 30 percent of sales.....

Are you saying when it was set at 30 percent of sales 10 years ago that it should stay at that flat amount and not go up even though over the 10 years the business is now doing 50 percent more in sales than it did?
Yes. I understand you might wish to base wages upon what a worker is worth... or what they want... or what they "need"... or what their bosses make... or "percent of sales"... etc.

I'm asking you why do you object to basing a workers wages solely upon what that worker's work is worth.
I am basing it on the employee's work, and it's called "productivity", and it is BASED on Sales generated per employee for the hours they work.
Fine.

I'm asking you: Do you object to basing a workers wages solely upon what that worker's work is worth?

If so, please explain why you object to basing a workers wages solely upon what that worker's work is worth.
There are a couple of factors in how one decides to pay their employees...

What they are WORTH is absolutely the main factor, I will go in to the other after I address their worth.

What they are "worth" is how much can they produce (sell) an hour....it's not an arbitrary number that is pulled out of my head or the sky...and once I have decided that X amount in sales produced an hour by my minimum wage employees, (and an X amount in sales produced for my higher level employees as well) is profitable for me, compared with what my employees cost me to pay them...I can then come up with a budget on what payroll will cost me on a yearly basis, and this is what the 30% of sales is, which I mentioned earlier in my example.... (note, it could be 20% of my sales that is my budget for payroll, or it could be 40% of my sales for payroll and I could still be profitable, this will vary by business and their other business expenses)

So, let's say I was satisfied with my projected profits when payroll for my employees came to 30% of my planned sales...some being paid more than minimum (because they produced more/thus worth more) and some being paid minimum, but together with the other payroll taxes and benefits I have to pay per employee it comes to 30% of my sales of my total payroll.....

As my sales increase for the business, which means my employees are producing more in sales per hour for me, I can give them raises and still be profitable.

As an example:

If 10 years ago, my business did $10,000,000 in gross sales, and spending 30% of my gross sales on payroll was profitable for me, which is a $300,000 a year budget for payroll....

and in the present day my business 10 years later is doing $15,000,000 in sales, my 30% budget for payroll would now be $450,000.... my employee's pay would go up from 10 years ago tremendously, since they are producing 50% more per hour than they did previously....

However, I could find that my 10 employees can not produce 50% MORE per hour than they did 10 years ago....they are too busy and end up walking customers because there is not enough help on the sales floor to give good customer service....and their productivity could only increase by 30% over that period.....then I would need to HIRE another employee or two, to pick up the slack, then I could only give 30% in raises for my employees over the 10 year period, because the remaining money from my payroll budget, would be needed to pay, my new hires.
 
Minimum wage laws demand that workers willing to accept wages less than the minimum wage are barred from such contracts. Minimum wage laws cannot create jobs, they can ONLY outlaw them. Statutory minimum wage is compulsory unemployment.

You simply cannot avoid devaluing wages when you make $1/hr work cost the same as $15/hr work. There is no escape from the objective fact of economic reality that minimum wage laws devalue wages.

Adding new dollars to the economy by increasing the minimum wage beyond what the work is worth is not the same thing as creating new wealth. Minimum wage laws necessarily result in inflation.

I find it instructive that not one minimum wage proponent on this board is willing to discuss the reasons they object to basing a workers wages solely upon what that worker's work is worth.
It is set at their worth, let's say payroll is set at 30 percent of sales....when the business sales go up, so should payroll, year after year.....still 30 percent of sales.....

Are you saying when it was set at 30 percent of sales 10 years ago that it should stay at that flat amount and not go up even though over the 10 years the business is now doing 50 percent more in sales than it did?
Yes. I understand you might wish to base wages upon what a worker is worth... or what they want... or what they "need"... or what their bosses make... or "percent of sales"... etc.

I'm asking you why do you object to basing a workers wages solely upon what that worker's work is worth.
I am basing it on the employee's work, and it's called "productivity", and it is BASED on Sales generated per employee for the hours they work.
Can't do that because it doesn't work that way..
For example. Lets say have a dry cleaning business. Its the only one in town....Then another opens(B). That one is taking business away because the owner in attempt to build customer base is performing his services at break even for a limited time. he can do that because tax law permits new businesses to declare a net loss for their first five years in business. Meanwhile the original cleaners(A) has been forced to lower his prices in order to compete.....(B) starts to struggle. (B) cuts hours. (A) is experiencing an uptick in sales. BUT.......(A) has been forced by his client's expectations to keep his prices low because (B) is still in town.....(A)'s sales have INCREASED but his profits have not...The workers are logging more hours and producing more work, but the business is not making more money.
Employees are not compensated based on their needs, their status( the single parent argument), or their wants. The work is compensated based on skill, production and the ability of the work to assist the business in turning a profit.
You have a tough situation here in your example....with this kind of competition, no doubt about it....if you would like to hire me as a consultant, I would be happy to go on down and do such! :D

Off hand, I'd say it is time to get out of Dodge and move your business...J/K!

With an uptick in business, but lower profit MARGIN (percentage), you can still pull in, more profit DOLLARS...

Retailers do this all the time, when they have promotional Sales....your profit margin is lower because you are selling them at a lower price, but your increased sales gives you the increased profit dollars....IF your sales have increased enough....and your fixed expenses like rent, insurance, supplies have stayed the same.... you can "make it"....

Plus, your Turn has increased, which calculates in to your ROI (return on investment)

Turn, is turn over of your product...how quickly can you sell what you have bought....this gives you the cash back quicker, to buy more goods to sell....

hmmmm, I'm not certain at all what that would be in the dry cleaning business because I have never thought about it...I only know inside out "Retail", but I could figure it out....

Also, your customer service provided with the competition right next door so to speak, is critical in you being able to maintain a little higher price than next door....and maintain your customer base.
 
When was the last time you heard Obama or any of these $15 an hour minimum wage frauds calling out state governments in liberal states for not paying their workers $15 an hour?
FYI-
President Obama is wanting the minimum wage to go to $10.10 NOT $15.

Of course. The corporatists are evil, but they're not idiots. They're never going to raise the minimum wage to the level that it will damage economic output.
You are right, they won't raise it enough to damage the economic output.

Wise observation. I've never observed a single business go under due to the Minimum Wage. It just doesn't happen. I've asked several times for someone to show us all the examples of businesses going under because of it. So far, no one's provided even one. The fact is, if you're struggling to pay Minimum Wage, your business is doomed. You might as well close up shop.

That's because you are an uneducated simpleton, when the bottom wage is forced up to $15 an hour what happens to the rest of the wage scales, yes everyone wants a raise.
$15 an hour as a minimum wage can NOT be support in most of the country's businesses, however there are some States, where things cost more and people in higher up positions get paid more already than the rest of the Nation, where it could be....

$10 an hour could be supported throughout the Nation, as long as it is done in increments over a few years.
 
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