4 ms·
The west is interested in funneling most of the money to the top no matter what for the last 60 years that has been the drum beat/cry It can’t be done. It can’t
by Danox 2mo ago
The west is interested in funneling most of the money to the top no matter what for the last 60 years that has been the drum beat/cry It can’t be done. It can’t be done.
In America, there is one fast food place that does it differently than everyone in the market they don’t franchise and they don’t lease/rent.
They own everything as they expand (the land and the building), which means it’s a little bit slower when you expand, but they don’t care but they are very profitable.
The owner probably gets a call every other week from large equity companies trying to sell them on doing it like everybody else and their pitch they can make you a worldwide company if you just let them in to f you.
- Mistletoe 2mo agoWho is the fast food place?
- rayoleary 2mo agoThe tension is killing me… who is the fast food joint?
- geerlingguy 2mo agoI'm guessing Chick-Fil-A?
- kevvok 2mo agoCan't be them because they franchise. My guess is In-N-Out
- KPGv2 2mo agoCommon misconception. They don't franchise in the sense everyone normally means it. They call "managing the store" a franchise. If you "franchise" a CFA, you don't own the store, you don't own the land, they severely control your income, you are required to physically work at the store (in other words, they control you as a laborer), and you can't re-sell the franchise since you don't own it. You have no equity. They refer to you as an operator. When you leave the business, CFA picks someone else to give it to. You get paid nothing because you never owned it. They're also very weird in picking their operators. I can't speak for every CFA, but where I live all the operators are white evangelical Christians. This is probably a side-effect of CFA's policy of not letting anyone who has debt be an operator, and buying everything without financing is a big thing in the evangelical Christian community thanks to Dave Ramsey.
- nunez 2mo agoCFA franchises, but their program is very strict and requires an unusually high amount of upfront capital