@[email protected] to Work [email protected] • 10 months agoI'm a California restaurant operator preparing for the $20-an-hour fast-food wage by trimming hours, eliminating employee vacation, and raising menu priceswww.businessinsider.commessage-square42fedilinkarrow-up1127cross-posted to: [email protected]
arrow-up1112external-linkI'm a California restaurant operator preparing for the $20-an-hour fast-food wage by trimming hours, eliminating employee vacation, and raising menu priceswww.businessinsider.com@[email protected] to Work [email protected] • 10 months agomessage-square42fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish4•edit-210 months agoMe: Hi there, I’d like to apply for a loan for a new restaurant. Bank: Okay, so you have a business plan? Me: Yes, here it is. Bank: Hmm… it says here under employee compensation, “slaves LOL” - what does that mean? Me: Oh, haha, I’m gonna pay them pretty much nothing. Bank: …get out of my bank. Why do we accept shitty business plans that would otherwise get laughed at?
minus-square@[email protected]linkfedilink2•10 months agoif you could show the bank you could get away with it they would be more than happy to fund you
Me: Hi there, I’d like to apply for a loan for a new restaurant.
Bank: Okay, so you have a business plan?
Me: Yes, here it is.
Bank: Hmm… it says here under employee compensation, “slaves LOL” - what does that mean?
Me: Oh, haha, I’m gonna pay them pretty much nothing.
Bank: …get out of my bank.
Why do we accept shitty business plans that would otherwise get laughed at?
if you could show the bank you could get away with it they would be more than happy to fund you