I asked him about the impact of the current economic policies of Obamacare, the $15 minimum wage proposal, and other tax and regulatory policies. Without hesitation, he said he’ll have three options if this tsunami hits; reduce his staff (in other words, fire employees), pass the costs to consumers, or shut down franchises – none of those are what I would call good options for a small business franchisee.
I’m not sure why people don’t understand businesses are in business to provide a product or service people actually want and make a profit (and a living for their families) — and don’t exist simply to provide jobs.
The government doesn’t need to provide a service people actually want (i.e. Obamacare) because they can just force you to buy it. Chick-fil-A on the other hand needs to provide customers with a tasty, economical meal all the while competing with every other fast food restaurant.
More at:
