Page 56 of 94
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 1:17 pm
by Overlander
ousdahl wrote: ↑Tue Dec 06, 2022 6:01 pm
If a burger flipper makes $1000 worth of Big Macs in an hour but only gets paid $8, where's that other $992 go? Yea there's business expenses, but at the end of the day the bulk of the value generated by that labor is going to everything BUT the laborer, right?
If you had experience MANAGING a business, you wouldn’t be able to do easily discount “business expenses”
Just a sampling of the costs associated with that hamburger:
Cost Of Goods Sold (how much did the INGREDIENTS cost)( say a $1.59 burger costs .80 to make= .79 gross profit)
Rent factor (those buildings aren’t cheap, and typically have a 10-18 year duty cycle
Utilities (trust me, significantly more than you think)
Supplies (oil, wrappers, straws, etc)
Payroll (do $17/hr times average of 10 employees times hours the store is staffed, usually a few hours more than it is open to the public)(don’t forget managers, they make more)
Franchise fees (MUCH higher than you think they are)
Payroll taxes
Shrinkage ( dropped on the floor, stolen, etc) (1 burger lost takes 4 hamburgers sold to break even)
Insurance (what do YOU think a solid “slip and fall” policy costs?)
Facility maintenance (parking lot, HVAC, roof repairs, equipment, disposal fees)
McDonalds stores are barely profitable. I have a friend that owns 4 of them.
He claims that he wishes he had never gotten into it.
They HAVE to turn volume at a level that is honestly unmanageable.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 1:38 pm
by ousdahl
Those poor oppressed capitalists.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 2:21 pm
by jhawks99
Avg profit in the biz is 9%, if you're good.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 2:51 pm
by twocoach
Overlander wrote: ↑Fri Dec 16, 2022 1:17 pm
ousdahl wrote: ↑Tue Dec 06, 2022 6:01 pm
If a burger flipper makes $1000 worth of Big Macs in an hour but only gets paid $8, where's that other $992 go? Yea there's business expenses, but at the end of the day the bulk of the value generated by that labor is going to everything BUT the laborer, right?
If you had experience MANAGING a business, you wouldn’t be able to do easily discount “business expenses”
Just a sampling of the costs associated with that hamburger:
Cost Of Goods Sold (how much did the INGREDIENTS cost)( say a $1.59 burger costs .80 to make= .79 gross profit)
Rent factor (those buildings aren’t cheap, and typically have a 10-18 year duty cycle
Utilities (trust me, significantly more than you think)
Supplies (oil, wrappers, straws, etc)
Payroll (do $17/hr times average of 10 employees times hours the store is staffed, usually a few hours more than it is open to the public)(don’t forget managers, they make more)
Franchise fees (MUCH higher than you think they are)
Payroll taxes
Shrinkage ( dropped on the floor, stolen, etc) (1 burger lost takes 4 hamburgers sold to break even)
Insurance (what do YOU think a solid “slip and fall” policy costs?)
Facility maintenance (parking lot, HVAC, roof repairs, equipment, disposal fees)
McDonalds stores are barely profitable. I have a friend that owns 4 of them.
He claims that he wishes he had never gotten into it.
They HAVE to turn volume at a level that is honestly unmanageable.
It was nice of you to provide a dose of realism while not bashing him for saying that one employee could generate $1,000 of Big Macs in an hour. At $4 each, that one employee would have to cook, prep and serve 250 Big Macs in an hour, a pace of more than 4 a minute every single minute which is hilariously unrealistic.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 2:52 pm
by TDub
Overlander wrote: ↑Fri Dec 16, 2022 1:17 pm
ousdahl wrote: ↑Tue Dec 06, 2022 6:01 pm
If a burger flipper makes $1000 worth of Big Macs in an hour but only gets paid $8, where's that other $992 go? Yea there's business expenses, but at the end of the day the bulk of the value generated by that labor is going to everything BUT the laborer, right?
If you had experience MANAGING a business, you wouldn’t be able to do easily discount “business expenses”
Just a sampling of the costs associated with that hamburger:
Cost Of Goods Sold (how much did the INGREDIENTS cost)( say a $1.59 burger costs .80 to make= .79 gross profit)
Rent factor (those buildings aren’t cheap, and typically have a 10-18 year duty cycle
Utilities (trust me, significantly more than you think)
Supplies (oil, wrappers, straws, etc)
Payroll (do $17/hr times average of 10 employees times hours the store is staffed, usually a few hours more than it is open to the public)(don’t forget managers, they make more)
Franchise fees (MUCH higher than you think they are)
Payroll taxes
Shrinkage ( dropped on the floor, stolen, etc) (1 burger lost takes 4 hamburgers sold to break even)
Insurance (what do YOU think a solid “slip and fall” policy costs?)
Facility maintenance (parking lot, HVAC, roof repairs, equipment, disposal fees)
McDonalds stores are barely profitable. I have a friend that owns 4 of them.
He claims that he wishes he had never gotten into it.
They HAVE to turn volume at a level that is honestly unmanageable.
Franchise fees are astronomical.
I knew a guy that owned a Quiznos and another that owned a Dickies and another that owned 3 or 4 similar type franchise business. They are not money making machines...by any stretch.
The insurance is significant too, I can attest to that.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 2:52 pm
by TDub
twocoach wrote: ↑Fri Dec 16, 2022 2:51 pm
Overlander wrote: ↑Fri Dec 16, 2022 1:17 pm
ousdahl wrote: ↑Tue Dec 06, 2022 6:01 pm
If a burger flipper makes $1000 worth of Big Macs in an hour but only gets paid $8, where's that other $992 go? Yea there's business expenses, but at the end of the day the bulk of the value generated by that labor is going to everything BUT the laborer, right?
If you had experience MANAGING a business, you wouldn’t be able to do easily discount “business expenses”
Just a sampling of the costs associated with that hamburger:
Cost Of Goods Sold (how much did the INGREDIENTS cost)( say a $1.59 burger costs .80 to make= .79 gross profit)
Rent factor (those buildings aren’t cheap, and typically have a 10-18 year duty cycle
Utilities (trust me, significantly more than you think)
Supplies (oil, wrappers, straws, etc)
Payroll (do $17/hr times average of 10 employees times hours the store is staffed, usually a few hours more than it is open to the public)(don’t forget managers, they make more)
Franchise fees (MUCH higher than you think they are)
Payroll taxes
Shrinkage ( dropped on the floor, stolen, etc) (1 burger lost takes 4 hamburgers sold to break even)
Insurance (what do YOU think a solid “slip and fall” policy costs?)
Facility maintenance (parking lot, HVAC, roof repairs, equipment, disposal fees)
McDonalds stores are barely profitable. I have a friend that owns 4 of them.
He claims that he wishes he had never gotten into it.
They HAVE to turn volume at a level that is honestly unmanageable.
It was nice of you to provide a dose of realism while not bashing him for saying that one employee could generate $1,000 of Big Macs in an hour. At $4 each, that one employee would have to cook, prep and serve 250 Big Macs in an hour, a pace of more than 4 a minute every single minute which is hilariously unrealistic.
yea....no doubt about it.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:01 pm
by Deleted User 863
Oh wow. He actually said that out loud, and with such conviction.
You know you've won when he says something dumb like "those poor oppressed capitalists" and then disappears.
Feels like Q didn't take many economics classes at KU.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:15 pm
by ousdahl
Hey illy, how many classes at KU did you take?
Oh yeah, that’s right.
You know I have plenty of questions and other comments I’d be glad to share, but frankly, I’ve given up and accepted the rest of the bored would prefer to just keep shitting all over fry cooks instead.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:19 pm
by jhawks99
I was a Micky D's burger flipper at 16. I could crank em out at 4/minute. Big grill, big make table. No problem.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:22 pm
by ousdahl
No way bro, that’s hilariously unrealistic, no doubt about it
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:23 pm
by Deleted User 863
ousdahl wrote: ↑Fri Dec 16, 2022 3:15 pm
Hey illy, how many classes at KU did you take?
Oh yeah, that’s right.
You know I have plenty of questions and other comments I’d be glad to share, but frankly, I’ve given up and accepted the rest of the bored would prefer to just keep shitting all over fry cooks instead.
I took enough economics classes at the college I attended to quickly identify you don't understand economics. Like at all.
And nobody shit on fry cooks.
Q's nose dive continues.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:24 pm
by ousdahl
I call bullshit.
No way they offer economic classes at clown college.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:30 pm
by Deleted User 863
Even your "friends" (which appear to be dwindling by the day) have tried to talk some sense into your nonsense. You won't accept it.
You're smarter than everyone.
Except you are the only one regularly coming on here and asking 1st year of college type questions ("hey mom, how do I unclog a sink") and life advice from strangers.
You have successful businesspeople like Japhy and Overlander, who actually know what they are talking about, and like you enough to be respectful, trying to help you understand. But you know better. Because you had a super deep convo at the bar with some hippie chick and figured it all out.
It's sad. It's pathetic. Of all the posters here, you seem like one of the most unhappy. I hope you get it figured out before it's too late. You seem pretty young. 16 year old humor, but I'd imagine you're in your 30s. Go out there and accomplish something other than fighting self righteous, and imaginary, battles on a messageboard. Life's too short.
If an idiot like myself can navigate the world successfully then I truly believe you can too. But it'll take some humility to realize you don't know better than everyone.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:32 pm
by Mjl
jhawks99 wrote: ↑Fri Dec 16, 2022 3:19 pm
I was a Micky D's burger flipper at 16. I could crank em out at 4/minute. Big grill, big make table. No problem.
Can you come to my house Sunday? I'm supposed to make about 150-180 latkes. Could use an experienced hand.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:32 pm
by Deleted User 863
ousdahl wrote: ↑Fri Dec 16, 2022 3:24 pm
I call bullshit.
No way they offer economic classes at clown college.
https://curricularguides.siu.edu/all-majors.php
Looks like my clown college does offer econ. Still.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:33 pm
by ousdahl
Take it to the Saluki message boreds
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 3:33 pm
by ousdahl
BasketballJayhawk wrote: ↑Fri Dec 16, 2022 3:30 pm
Even your "friends" (which appear to be dwindling by the day) have tried to talk some sense into your nonsense. You won't accept it.
You're smarter than everyone.
Except you are the only one regularly coming on here and asking 1st year of college type questions ("hey mom, how do I unclog a sink") and life advice from strangers.
You have successful businesspeople like Japhy and Overlander, who actually know what they are talking about, and like you enough to be respectful, trying to help you understand. But you know better. Because you had a super deep convo at the bar with some hippie chick and figured it all out.
It's sad. It's pathetic. Of all the posters here, you seem like one of the most unhappy. I hope you get it figured out before it's too late. You seem pretty young. 16 year old humor, but I'd imagine you're in your 30s. Go out there and accomplish something other than fighting self righteous, and imaginary, battles on a messageboard. Life's too short.
If an idiot like myself can navigate the world successfully then I truly believe you can too. But it'll take some humility to realize you don't know better than everyone.
Not that anyone asked why I’ve given up, but thanks for the explanation just the same.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 4:00 pm
by jhawks99
Mjl wrote: ↑Fri Dec 16, 2022 3:32 pm
jhawks99 wrote: ↑Fri Dec 16, 2022 3:19 pm
I was a Micky D's burger flipper at 16. I could crank em out at 4/minute. Big grill, big make table. No problem.
Can you come to my house Sunday? I'm supposed to make about 150-180 latkes. Could use an experienced hand.
Never made them, but I'm up for that.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 4:16 pm
by Mjl
It's basically a hash brown with onions, you'll be great. See you around noon, bring your own apron.
Re: No One Cares Because Nothing Matters Anymore
Posted: Fri Dec 16, 2022 4:42 pm
by RainbowsandUnicorns
Mjl wrote: ↑Fri Dec 16, 2022 3:32 pm
jhawks99 wrote: ↑Fri Dec 16, 2022 3:19 pm
I was a Micky D's burger flipper at 16. I could crank em out at 4/minute. Big grill, big make table. No problem.
Can you come to my house Sunday? I'm supposed to make about 150-180 latkes. Could use an experienced hand.
What time should I be there to eat - and light the Menorah? J
Just kidding! I will be with my mother and sister and my mother's place.
Happy early Hanukkah (or however the heck you spell it)!