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These shops were not expensive as a modern franchise would be, true, but a modern store could expect to also make a lot by employing family to save money. Also
by 1123581321 6y ago
These shops were not expensive as a modern franchise would be, true, but a modern store could expect to also make a lot by employing family to save money.
Also, I would not call the hours the whole family worked at the shop, or the extreme cost savings they employed, easy. Let alone the difficulty of saving up his first $3,000 by working three jobs.
- ghufran_syed 6y agohe was a manager, not a franchisee [edit: added reference] https://www.encyclopedia.com/books/politics-and-business-magazines/winchells-donut-houses-operating-company-lp https://www.encyclopedia.com/books/politics-and-business-mag...
- 1123581321 6y agoThank you - I suppose the reverse, then, that the family captured the labor cost. Did he earn a performance bonus that incentivized him to minimize supply cost?