TL;DR
MOOYAH Burgers, Fries and Shakes franchise owner Josh Bergeson discusses the potential impact of Joe Biden's proposed $15 minimum wage on small businesses. Bergeson's business already pays over the current minimum wage, but he is concerned about the unintended consequences of the proposed plan.
During a segment on FOX & Friends, Josh Bergeson, a multi-unit Franchise Owner of MOOYAH Burgers, Fries and Shakes discusses what Joe Biden’s proposed “Rescue Plan'' means for small businesses. Biden’s proposed plan would see the federal minimum wage raised to $15 an hour, almost doubling the current minimum wage for small business owners coming off of lockdown losses.
Bergeson, who owns four MOOYAH Burgers, Fries and Shakes in Madison, Wisconsin, discusses that while they’re a market driven minimum wage employer and already pay over the current minimum wage, the proposed plan could have some unpleasant consequences.
“I think we’ve been blessed here at MOOYAH to have a great team behind us. So I feel comfortable that we can kind of absorb some of those costs,” Bergeson said on FOX & Friends. “The question we have is what is this going to do? What are the unintended consequences behind the scenes?”
Some of these unintended consequences that MOOYAH, along with other independently owned and operated franchise businesses, can face are higher prices for the cost of meat and cleaning supplies. By providing these examples, Bergeson explains that the increasing costs will eventually get passed along to Guests.
In this story
This story was originally published in 1851 Franchise on January 28, 2021. Burnaze summarizes and links to the original reporting.
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