Investors and shareholders will continuously demand a larger and larger piece of the pie every year.
But local restaurants and non-chain restaurants don’t have investors. They just need to mark up their prices enough to afford CPI increases on food and equipments which corporate restaurants also. Have to account for.
Eventually fast food will be more expensive then fine dining simply because shareholders want more money.
Rent. Small mom and pop shops that can’t afford their own space get all that money syphoned away to the landlords. All saving that come from big corporate supply chains and mass production also leave M+P shops screwed.
Large companies can weather hard times much easier as well, so M+P shops will fall away during hard times while McDonald’s will just fire some min wage workers, stop caring about quality and hike prices a bit.
Fast food corporations are doomed to die.
Investors and shareholders will continuously demand a larger and larger piece of the pie every year.
But local restaurants and non-chain restaurants don’t have investors. They just need to mark up their prices enough to afford CPI increases on food and equipments which corporate restaurants also. Have to account for.
Eventually fast food will be more expensive then fine dining simply because shareholders want more money.
Fast Food does not have to be tied to a Corporation.
We have a family owned fast food local joint around the corner. Drive through only.
It pays a liveable wage, and you can still get a full great meal under $10. A young couple owns it, they are very nice.
There’s just no corporate parasite sucking out the profit.
Rent. Small mom and pop shops that can’t afford their own space get all that money syphoned away to the landlords. All saving that come from big corporate supply chains and mass production also leave M+P shops screwed.
Large companies can weather hard times much easier as well, so M+P shops will fall away during hard times while McDonald’s will just fire some min wage workers, stop caring about quality and hike prices a bit.
The system is not set up for M+P survival.