Posted in Cost Control, Direct Operating Costs, KPIs, Labour Costs, Management, tagged Accounting, Labour, Labour Costs, Minimum Wage, Operations, Pricing, Profitability, Restaurant Management, Value Proposition on June 19, 2017| Leave a Comment »
In my last post, I wrote about a study that predicts increases in the minimum wage will lead to significantly more restaurant closures. Clearly, many restaurants and bars are unable (or failed) to raise their prices in response to increases in the minimum wage, resulting in their ultimate demise. (more…)
Posted in Cost Control, Labour Costs, Management, tagged Bankruptcy, Labour, Minimum Wage, Operations on June 19, 2017| 2 Comments »
Canadian Restaurateur 