- Cramer Soebbing
- Columns
Minimum Wage
Minimum wage changes could have dramatic impacts
on a franchise’s profitability, ability to invest or even its viability.
By Cramer Soebbing
Minimum wage has been a hotly debated topic for franchisees over the last few years. More poignantly, the discussion concerns the effect that impending minimum wage changes will have on franchisees’ cash flow, their employees and their capital expenditures. Depending on where they are located, franchisees could be paying their employees anywhere from $7.25 to $13 an hour at the minimum wage.