bobwg
Expert Expediter
ok my suggestion let someone else tell you how to run your business and spend your money
Papa Johns Pizza cutting hours
- Thread starter bobwg
- Start date
ok my suggestion let someone else tell you how to run your business and spend your money
Humble2drive
Expert Expediter
This was actually the original stated plan. While campaigning for Mitt Romney Pappa John said that if Obamacare stayed in effect he would need to raise his prices by 20 cents per order. He was among other Republican business owners who made public statements against Obamacare to boost support for Romney.
I didn't hear or see too much squawking when the minimum wage went up?.....No major cut backs...how about their liability insurance goes up....still no ANNOUNCED cutbacks.....How about their city taxes going up....no national news there...
BTW I am NOT in favor of Obamacare....I am just speaking about the issue at hand and the knee jack campaign by these mega corporations...
Humble2drive
Expert Expediter
Excellent point!
We have been able to average rates that are above our goal and put aside more money than planned. If that situation were to change we could certainly consider taking some of that money and putting it back into the business.
Humble2drive
Expert Expediter
I did not mention a franchise fee because they do not have one. They have a system of other types of fees.
Would they have to reduce advertising if fees were lowered?
Not necessarily.
Keeping things in perspective, my original posts was addressing the need for a business (papa Johns) to CLOSE due to the 8 million per year increase that is claimed.
It is not unusual for business owners to take risks to save their businesses. Papa John knows this because he originally had to sell his camaro in order to keep the business in the first place.
At this point, with a net worth of $600,000,000.00 he may have the option to infuse some of his personal cash back into the business again without a tremendous burden
OR
As he already stated, he could raise the prices by 20 cents per order to cover the additional costs.
It is just my opinion that he would not want to CLOSE the business altogether that has provided him with great wealth.
Whether the increased costs due to Obamacare are fair or not is a moot point because there is little chance of changing it. The discussion now is what companies can do to adapt. I choose to believe that most will adapt to this expense and continue to operate.
Only time will tell.
I don't think Pappa Johns will be closing any time soon. May lose some franchises so it is hard to tell. Many will just go to part-timers/layoffs in the cases where they are over 50 employees. As mentioned, Darden already started and many are following.
Won't be the end of the world, but likely will effect the job market and workers personal income.
Just thinking "well they can raise their prices" and all will be well isn't so simple. Many (especially restaurants) will be competing with competitors that operate with that exemption who aren't participating or paying.
Quite a few things will have an effect. Just not employee coverage, there is a table full of new taxes as well.
Won't be the end of the world, but likely will effect the job market and workers personal income.
Just thinking "well they can raise their prices" and all will be well isn't so simple. Many (especially restaurants) will be competing with competitors that operate with that exemption who aren't participating or paying.
Quite a few things will have an effect. Just not employee coverage, there is a table full of new taxes as well.
purgoose10
Veteran Expediter
Sounds to me like there's still a lot of people around that just haven't figured out how to be a Capitalist. It's their money, they have more than us so some think they are crooks because they aren't taking care of them. I think that comes under the heading of "Share the Wealth". Health insurance is a PERK. Employers don't have to offer it at all, at least right now. When they are made to offer it there's nothing a small business can do but cut back. If they raise their prices no business. Pretty simple stuff.
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Exactly...Healthcare and retirement should be an individuals responsibility....not an employers or government...now if an employers opts for finding affordable healthcare group plan for their employees, ...but it's usually paid for by lower wages over the long haul...
with a $10.50 minimum wage in Ontario...a Baconator at Wendys over $5...!! whom do you think pays for that?....
His dare you. It has bacon need i say more.
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ANY food that has flavor and is fun will be outlawed by Obama Care. BACON first. Besides I don't like today's bacon. Too fatty, not enough meat and far too salty. EXCEPT for my wife's cousins bacon he makes in his butcher shop. Tastes like bacon did 50 years ago. LOTS of meat, little fat and flavor other than salt. GOOD STUFF!
paullud
Veteran Expediter
I don't agree with you there. It will be a national ban on big sodas and cigarettes then bacon.
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Brisco
Expert Expediter
What do you mean when you say "the part many people don't get?"
What you said following this above is EXACTLY what that DonkeysRearEnd up there in the White House just does NOT get, or just flat out doesn't give a Rats Droppings about it.
NO government social program works. They are all full of fraud and bankrupt. The government cannot be trusted with the People's money.
Humble2drive
Expert Expediter
Every single conclusion that you have jumped to is incorrect.
paullud
Veteran Expediter
OK fine you are right, this is a high school debate team where we need to assign little Jimmy to be the Communist, Billy is the Conservative, Jane is the Liberal, and Dave the Anarchist that way we can have everyone's feelings and thoughts represented. Or we can have a conversation like adults about our feelings and what we think the country needs to do rather than trying to say things just to rile people up.
If you think that there is a subject or point of view not being considered then just bring it up. I think that as a nation we need to look at parts of Obamacare and decide what is good and what needs to go. Forcing businesses or people to buy health insurance needs to go but we need to consider what we can do about those with pre-existing conditions. We get stuck paying for them either way because if the hospital doesn't get paid then they just pass the cost on. See it's really easy, a conservative and liberal talking point and I stated it simply and clearly without all of the games.
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