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The hotel, or any other business really. If I buy a farm/restaurant/hotel/retailer for top dollar and complain about cost of wages making it unprofitable, the
by Scoundreller 4y ago
The hotel, or any other business really.
If I buy a farm/restaurant/hotel/retailer for top dollar and complain about cost of wages making it unprofitable, the problem isn’t the wages. But you’re stuck with your acquisition price, so you’ll lobby for lower wages and make no mention of your sunk costs.