:curious-marx:

  • DasKarlBarx [he/him,comrade/them]
    ·
    edit-2
    3 years ago

    From what I remember (i had a neighbor who was a former high level manager at a restaurant) they'll basically run at 3% profit to account for slow periods/off seasons but anything above that gets pumped into expansion to new locations or bonuses for people high up in the groups.

    So if they made like a 3% profit margin + $1m they'll divide up that $1m into bonuses for people high up in the company.

    I hope that makes sense.

    Edit: also "business trips" to somewhere nice on the company dime where they just go eat and drink at a bunch of different restaurants.

    • emizeko [they/them]
      ·
      edit-2
      3 years ago

      they just go eat and drink at a bunch of different restaurants.

      and it's deductible "market research" so it also lowers the company's tax bill