Posted:
#1
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Weather for Phoenix, AZ
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88°F
Cloudy Wind: E at 6 mph Humidity: 17% Sat
Sun
Mon
Tue |
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Weather for Las Vegas, NV
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88°F
Clear Wind: S at 6 mph Humidity: 16% Sat
Sun
Mon
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LasVegas and Phoenix 107 degrees and 109 degrees today
Going to vegas on Friday
Posted:
#13
We should talk more about numbers and percentages, I am considering a QSR down here, not your line but still a QSR.
I gotta think guessing at the numbers if you are paying TWO managers plus royalties, unless you are either not advertising outside the franchise percent a month, or you have NO debt service or a SWEET lease, you cannot be clearing a TON being an absentee owner (for the most part, meaning not active)
I gotta think guessing at the numbers if you are paying TWO managers plus royalties, unless you are either not advertising outside the franchise percent a month, or you have NO debt service or a SWEET lease, you cannot be clearing a TON being an absentee owner (for the most part, meaning not active)
Posted:
#14
no not clearing a ton off of them. about 2-4k a month per store. key would be to not have a manager and do the 2-3 hours a day work yourself that a seperates managers and $6.50/hr employees. this would save you close to 2k a month in manager labor and have your shift managers pick up the slack.
I have been considering doing this. drop both my managers and save 4k worth of labor per month. sure i would have to put in 4 hours at the stores each day and my shift managers/night managers would take on much more responsibility but the numbers might make me play this card.
to crunch it correctly, i have estimated that i would work 20 hours per week and net a savings of 40k per year in labor. but by working i litteraly mean working. sweeping, dishes, slicing, register, etc.... But like i said above, both my managers are good people. Bizness is bizness but I am one of those "good guy owners"
wifey is adament about me doing this.
I have been considering doing this. drop both my managers and save 4k worth of labor per month. sure i would have to put in 4 hours at the stores each day and my shift managers/night managers would take on much more responsibility but the numbers might make me play this card.
to crunch it correctly, i have estimated that i would work 20 hours per week and net a savings of 40k per year in labor. but by working i litteraly mean working. sweeping, dishes, slicing, register, etc.... But like i said above, both my managers are good people. Bizness is bizness but I am one of those "good guy owners"
wifey is adament about me doing this.
Posted:
#15
Well for what I am considering it would be active involvement for sure.
I have to side with YOU in your hesitant thinking though and this is why-
So you are working 20 hrs a week net saving 40k a year to chain yourself down when you are paying someone 10-15 bucks an hour to do the same thing you are stepping in to do.
What makes more sense is to raise sales by spending that same time hitting businesses for lunch biz, marketing and expanding sales..training employees, if the store needs some updating or exterior image work that sort of thing.
You make more per hour doing your "other" job than you are saving by spending the time in the store. If you were doing this as extra work aside from your "day" job then I would probably cash that ammt per year towards debt service or marketing..somthing back into the business versus a salary, that or 50% of it etc..make your investment of time spent there doing the ground level work to a greater long term good.
If the managers are great at what they do then maybe to cut some labor you work with them to restructure their compensation by lowering the hourly and giving them a piece of the profits (if they are already on a bonus structure then you beef it up skewed by sales increases and other measures like COGS targets etc).
I have to side with YOU in your hesitant thinking though and this is why-
So you are working 20 hrs a week net saving 40k a year to chain yourself down when you are paying someone 10-15 bucks an hour to do the same thing you are stepping in to do.
What makes more sense is to raise sales by spending that same time hitting businesses for lunch biz, marketing and expanding sales..training employees, if the store needs some updating or exterior image work that sort of thing.
You make more per hour doing your "other" job than you are saving by spending the time in the store. If you were doing this as extra work aside from your "day" job then I would probably cash that ammt per year towards debt service or marketing..somthing back into the business versus a salary, that or 50% of it etc..make your investment of time spent there doing the ground level work to a greater long term good.
If the managers are great at what they do then maybe to cut some labor you work with them to restructure their compensation by lowering the hourly and giving them a piece of the profits (if they are already on a bonus structure then you beef it up skewed by sales increases and other measures like COGS targets etc).
while working for the HEAT 
Posted:
#21
Here's why I make threads like this.
I live in Wisconsin and usually the first thing out of a person's mouth when you tell them you are from Wisconsin is "Wow, it's cold there"
Yes it's cold here for 3 or 4 months a year, the rest of the year it's very tolerable.
I'm just letting people know that these places where everybody thinks they want to live are F'n hot humid hell holes for 3 or 4 months a year just like Wisconsin is cold for 3 or 4 months a year.
Florida, Arizona, Nevada, Texas, California, all the places where people want to go right?
Go ahead, I hope you burn your skin off. 
Posted:
#23
I still do not understand you people who think this is hot. It's not like I am working outside picking up dog shit or fixing air conditioning units. I am educated. I work inside, workout inside, and sit inside to watch golf in the summer. If I want to go outside, I bring some water and margaritas and sit by the nice fucking warm pool. Wow, life sucks.
This would be thread worthy if this wasn't the 21st fucking century and we were still nomadic tribes.
Let me know how it goes in November when you are scraping ice off your car windows and have to heat up your car for 30 minutes while you get ready in the morning. That sounds like fun.
This would be thread worthy if this wasn't the 21st fucking century and we were still nomadic tribes.
Let me know how it goes in November when you are scraping ice off your car windows and have to heat up your car for 30 minutes while you get ready in the morning. That sounds like fun.
Posted:
#24
Quote Originally Posted by Greyhound:
Here's why I make threads like this.
I live in Wisconsin and usually the first thing out of a person's mouth when you tell them you are from Wisconsin is "Wow, it's cold there"
Yes it's cold here for 3 or 4 months a year, the rest of the year it's very tolerable.
I'm just letting people know that these places where everybody thinks they want to live are F'n hot humid hell holes for 3 or 4 months a year just like Wisconsin is cold for 3 or 4 months a year.
Florida, Arizona, Nevada, Texas, California, all the places where people want to go right?
Go ahead, I hope you burn your skin off.
People who think Nevada and Arizona are temperate and nice places to live are idiots.
California has the highest and lowest points in the continental United States.
San Diego is beautiful year round - but some people love their seasons and therefore live in the Northeast or elsewhere.
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