Yea, that greedy missypie taking advantage of all those teenagers while she sits in her mansion just counting her money.
I too ran my own business for about 20 years. I had between three and five part time employees to cover the 84 hours a week that we were open. My payroll ran about $1,000 a week. Some of my employees had been with me for several years so they were making well over minimum wage.
I made, after the first few years, between $40,000 and $50,000 per year. To earn that, I often put in 90-100 hours a week.
If I had to double my payroll as the OP is suggesting, I would have had four choices. 1) Raise my prices which may have reduced sales, 2) reduce my personal income 3) let some of my employees go and work more hours myself, 4) let all the employees go, close the doors and collect unemployment while I looked for a job.
Yes, I too was one of those greedy owners.
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