Is fast food as a business doing well or is fast food dying out, how about vs the chipotle model.

Sandalwood Peak said:
It's just two things coming to a head.

If you're not operating a money printing business, payroll is the first thing you cut. No one wants to operate a business that just sustains itself. Management wants big salaries and a lot of free cash flow. Then you got people who think their employees are responsible for the success of the business. It's so prevalent now they write it in the job ads. You're going to be providing the type of customer service that will make "us" a fortune 500 company. If you just want a job, we don't want you.

Then you got the young people. The young people rightfully see that the juice is not worth the squeeze. I've seen it in my day. I've worked jobs where classmates [in some cases] showed up and just walked off. Eventually I too gave up and ended finding a different path.

Now it's so much worse, especially for a young man. You can't provide for a girlfriend, you can't get a girlfriend, you somehow find yourself competing with Chads and Tyrones despite them being a tiny minority. The regular guys are so invisible that the only thing you see are the good-looking Chads, the rich guys and Tyrones who have some gorilla "strength" advantage over you. The "regular" guys on the other hand come out the shadows to hate on your shit anytime something good happens to you. The government hates you. You're constantly policed by all structures of society because you're an easy target to bully. You need money but the only thing they're willing to give you is slave wages. You show up and they start getting fresh with you, talking about you need an attitude adjustment. Not only are you losing all your youth, but you're responsible for someone else's success. People that roll up in a Benz, don't look at you and chat with middle management about how the numbers don't justify the perks you're getting.

That's how I see it. They're lucky young men are stupid and don't know anything, unable to compare and contrast. The only thing they're able to do is to react emotionally. I know it looks super gay when young people acquire that emotional, defensive, obnoxious attitude but at the end of the day that's how they express their discontent. That's the look of someone who doesn't feel comfortable in their skin and it is society's fault.
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Business owners are a special breed in their own heads. They sincerely believe that no one else could possibly do what they do.
News flash: a business makes its profits off the back of its employees. The margins are almost always so thin that it has to comes from the employees. It's the way of the world, and yet the boomer-bosses think they deserve everything they have "earned" and resent the youth for seeing through their b**sh!t.

The reality is that they get a tiny slice of the big pie of the marketplace that is called America by compromising their morality at a fundamental level. It's the price to enter the system. And then they mascarade their compromise as hard work and shrewdness.
 
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KomnenAl said:
Business owners are a special breed in their own heads. They sincerely believe that no one else could possibly do what they do.
News flash: a business makes its profits off the back of its employees. The margins are almost always so thin that it has to comes from the emploees. It's the way of the world, and yet the boomer-bosses think they deserve everything they have "earned" and resent the youth for seeing through their b**sh!t.

The reality is that they get a tiny slice off the big pie of the marketplace that is called America by compromising their morality at a fundamental level. It's the price to enter the system. And then they mascarade their compromise as hard work and business shrewdness.
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Have you ever owned a business or provided jobs to people?
 
KomnenAl said:
Yes.
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Good... Then you know that not all business are the same. That there is a work contract by which employees choose to work and where by employers choose to keep those employees hired.

I'm not sure what your message is to say other than that a company (small business or big business) has to be have employees and overhead.

It's naturally a process of economics that a company has to have employees that generate more savings or provide more revenue than they cost.

So I'm curious what you exact point is?
 
Get2choppaaa said:
Good... Then you know that not all business are the same. That there is a work contract by which employees choose to work and where by employers choose to keep those employees hired.

I'm not sure what your message is to say other than that a company (small business or big business) has to be have employees and overhead.

It's naturally a process of economics that a company has to have employees that generate more savings or provide more revenue than they cost.

So I'm curious what you exact point is?
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My point is that boomer business owners are the most arrogant bosses. Typical example: Dave Ramsey. Masquarades his financial success (which came about by exploiting other people) as Christian virtue. Why would a young man in his right mind ever want to work for another man, let alone a boomer?
 
KomnenAl said:
My point is that boomer business owners are the most arrogant bosses. Typical example: Dave Ramsey. Masquarades his financial success (which came about by exploiting other people) as Christian virtue. Why would a young man in his right mind ever want to work for another man, let alone a boomer?
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Im not a boomer but Dave Ramsey has sound financial advice.

Plenty of people work for other people. Majority of folks do that and there's nothing wrong with it.

For most Americans it's the most assured way to have a way to provide for your family.

Entrepreneurship requires a lot of dedication and skill and very few people are made of that sort of grit.
 
Caduceus said:
Fast food was popular in great part because it was cheap.
Now that it's getting expensive people will eat elsewhere.
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The fast food industry is showing sluggish sales due to the k shaped economy the demographic that traditionally would buy fast food can no longer afford it and is eating at home more (or bringing their own food to work etc).
 
Get2choppaaa said:
Im not a boomer but Dave Ramsey has sound financial advice.

Plenty of people work for other people. Majority of folks do that and there's nothing wrong with it.

For most Americans it's the most assured way to have a way to provide for your family.

Entrepreneurship requires a lot of dedication and skill and very few people are made of that sort of grit.
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Dave Ramsay is tight ass and a moron.

He always talks about hiring the best people and yet in the same breath talks about not paying people more than average pay.

He always goes on about giving employees praise and doing team lunches etc. none of that stuff means anything to people if you aren’t paying them well.

The most competent employees will choose to work at companies that pay well above average. If you want the best employees you need to pay the best. If you pay average you get average. Not sure why his greedy entitled boomer ass cannot understand that.

If somebody who was an employee called into his show and said “I am the top performing sales person in my company yet I’m only getting paid an average amount of money what should I do?”. Dave Ramsay would surely tell the guy to ask for a pay rise and if he doesn’t get it look for a job elsewhere and yet he cannot see the hypocrisy or contradiction in his advice.
 
Australia Sucks said:
Dave Ramsay is tight ass and a moron.

He always talks about hiring the best people and yet in the same breath talks about not paying people more than average pay.

He always goes on about giving employees praise and doing team lunches etc. none of that stuff means anything to people if you aren’t paying them well.

The most competent employees will choose to work at companies that pay well above average. If you want the best employees you need to pay the best. If you pay average you get average. Not sure why his greedy entitled boomer ass cannot understand that.

If somebody who was an employee called into his show and said “I am the top performing sales person in my company yet I’m only getting paid an average amount of money what should I do?”. Dave Ramsay would surely tell the guy to ask for a pay rise and if he doesn’t get it look for a job elsewhere and yet he cannot see the hypocrisy or contradiction in his advice.
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Well that "moron" has a 300+ million net worth.

So pretty sure he knows more than you do about running a company and making money.

Financially and practically everything he says is proven to be effective for 99 percent of the people on the planet.

Many people do indeed work for other people and make good money doing that, and if they are smart and live within their means able to invest some amount into the market and retire with a nest egg.

Get out of debt, maximize 401k contributions and work time in the market vs timing the market and only invest in things you understand.

That's the common sense approach compared to trying to find a one off like Bitcoin or apple or single stock....
 
Australia Sucks said:
The fast food industry is showing sluggish sales due to the k shaped economy the demographic that traditionally would buy fast food can no longer afford it and is eating at home more (or bringing their own food to work etc).
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I think fast food and Chipotle style restaurants are still very busy, but a lot of their business is now with DoorDash or Uber Eats or the like.
 
www.reuters.com

Chipotle cuts sales forecast again as inflation-hit diners pull back, shares slump

Chipotle Mexican Grill on Wednesday cut annual sales forecast for the third time this year, warning that consumer spending on dining out is likely to remain under pressure through early 2026, sending its shares down 15% after the bell.
www.reuters.com www.reuters.com

Chipotle cut its sales forecasts three times this year and the stock is down heavily. And they are not the only ones. Fast food chains in general have mostly been downgrading their sales forecasts.
 
Every time I drive past a fast food joint there's a line. I escaped to raise my family in a rural area but in a terrible cruel twist of irony I found that we are not "closer to nature" but rather only have only the crappiest of food available to us. It takes great effort to find good food.

Pretty much everyone defaults to convenience. Which means crap food.
 
Northumber said:
Every time I drive past a fast food joint there's a line. I escaped to raise my family in a rural area but in a terrible cruel twist of irony I found that we are not "closer to nature" but rather only have only the crappiest of food available to us. It takes great effort to find good food.

Pretty much everyone defaults to convenience. Which means crap food.
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Time to invest in some cooking classes homie.

The joy of cooking is a good start

Can get from Amazon. https://share.google/czpv4lJWstDe15yRH
 
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