4 ms·

I always like when small business complain that "payroll is the majority of our expenses", but when you look at the expenses it is something like: Income:

I always like when small business complain that "payroll is the majority of our expenses", but when you look at the expenses it is something like: Income: $100,000/month Expenses: $50,000/month Payroll: Cashier: $290/month Cashier: $290/month Cashier: $290/month Janitor: $290/month Security: $290/month Manager: $1,000/month Owner: $45,000/month "How can I keep my business afloat? We've already cut the staff down to the bare minimum and we're barely getting by!"

jxf 3y ago
$290/month? If those cashiers are working 100 hours a month they're making about a third of (US federal) minimum wage.
- stevenwoo 3y ago
  There’s data comparing EU prices for equal fast food like MacDonalds and the pay for workers and the cost of the final product appears to bear little relationship to worker pay, i.e. corporations crying poor at the usa minimum wage are full of it. https://www.snopes.com/fact-check/mcdonalds-workers-denmark/ https://www.snopes.com/fact-check/mcdonalds-workers-denmark/
- jandrese 3y ago
  They're working 39.5 hours a week to make sure they aren't in danger of getting benefits.
crazygringo 3y ago
That isn't remotely the type of breakdown of any business I've never seen. Not even close. I understand the point you're trying to make, but you'd be better off using real numbers to do it. I've never come across a business owner taking 45% of total income. Competition ensures those kinds of profit levels generally don't exist.