Restaurant AMA Part 2 (indy,corp & franchised) - Page 3 - Business, Finances and Investing Forum

A5-why is it that none of my questions merit a response? I have answered all of your questions in this and other threads completely and earnestly, and yet all I get from you is this kind of dismissal. I haven't asked you for anything proprietary, or anything that you haven't offered up earlier in the thread, so what gives?

05-23-2015 , 06:23 PM

#53

BrianTheMick2

Long way to go and a short time to get there.

Join Date: May 2012 Posts: 19,413

Quote:

Originally Posted by IAMthepokerhack

basically its join the cult or don't work here-and their turnover is actually pretty similar to ours-that jives more closely with what I have seen in our local market....(2% turnover, lol)

It would have been an exaggeration if he had said they only have 50% employee turnover. It is, in fact, much higher than that.

What he is doing is what the experts call "making **** up."

05-23-2015 , 07:03 PM

#54

apocalypse_fives

grinder

Join Date: Mar 2009 Posts: 567

sorry,hack. i was yawning at the link to an 8 year old Forbes "contributor" post as a reliable source. at least she's not chatty & only posts once every 8 years.
yep there is a typo, cfa turnover 20-30% for hourlies & not 2-3%. In some regions they are 10-15% over ten year sample, many,many cases of turn <5% & so many,many
stores that have not lost an hourly in years. not guessing, btw.

nothing personal,your questions are great, but i have just lost interest in replying the thread. meant to ask mods to lock. to fully answer how to eval a franchisor
I would have to include info that i am not comfortable posting.