Just pokin' at you some. I can hear scrappers working from my house; ruining the view with our new improved hiway.
No, that's all just a fantastic coincidence... neither sales, nor shrink, nor variance. They just happened to have almost the exact same amount of product on hand at the beginning of the period as at the end. Had inventory been one day earlier or later there could have been a thousand dollars more or less product depending on what they bought that day. Been when you're buying $150K worth of shit and selling $600K worth of shit in a 4 week period, having identical inventories should be impossible.
Fantastic markups. Good thing your in the restaurant industry, with famously low overhead costs as well.
Well, what we lack in overhead we more than make-up in labor. That's taken things to the breaking point. That one store essentially keeps the other 5 in business.
Good one, Moose. I believe Prop Joe said it best in The Wire: "Avon been pumping out piss and calling it shit."
Headline of the Day from The Babylon Bee: Pro Disc Golfer Disqualified After Testing Negative For Cannabis
Anyone not totally stoned out of his or her gourd obviously would have an unfair advantage. (I think I'm paraphrasing Doonesbury here.)
Headline of the Day from The Babylon Bee: Man Was About To Turn Off Car But 'Stairway To Heaven' Came On And Now He's Gotta Sit In The Driveway For 7:55
I'm from a suburb of Chicago. One time I was dropping a friend off at his place late at night and Lake Shore Drive came on the radio. An hour later I finished dropping him off, after a short jaunt into the city.
Overhead is technically cheap. At least the way we define it. Labor, marketing, and consumables get their own bucket. The fixed costs... maybe 5%, which is still a million bucks but it's a cheap million.
Must be nice to be in a business with mostly fixed costs. My major cost is variable, fuel, which makes things difficult at times.
No, the fixed costs are the small 5% minority. The labor and product are all over the place, though each chunk is so massive they're fixed-ish. Our contracted fuel charges per delivery with major vendors just dipped a few months ago. From $8.34 to $7.10. I don't remember the details but they're pegged to the NTA national diesel average. So, getting better?
And to not be victim of constantly shifting regulation and oversight from various government alphabet agencies trying to put you out of business.
Well, I do comp drinks for all the local politicians, so that helps. But if the California Liberal Labor Nazis get their way, they'll abolish the tip credit in RI and put all of us out of business. Greedy fuckers just want their payroll taxes... they don't care a whit about worker wages. Nor do the workers. When you're making $500 cash a night, you don't want to replaced by a tablet and a QR code because restaurants can't afford $15/hr wages for an army of servers and bartenders.
Only a month and a half until call for entries closes for the 2023 Bulwer Lytton Awards. https://www.bulwer-lytton.com/submit
You are wrong about the California liberals. They do care about workers, as long as they belong to a union. Because the more money the unions take in, the larger the political donations they make.
