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Podcast: Franchise Today
Episode: Inside Out Look at Increased Minimum-wage Impact on Franchise Restaurant Brands
Description: "Minimum-Wage Issue Exerts Maximum Impact On Restaurant Industry" was a recent headline on Forbes.com and is the concern of many restaurant industry professionals including those of franchise brands with tens, hundreds and thousands of locations nationwide. Rising wages will force price increases across the menu. Brands have already begun to push their prices up as their labor costs have risen, either from mandated or expected hikes to the minimum wage or from costs associated with health care coverage. In addition, several national brands have already begun to roll out self-order kiosks to reduce labor.
This week on Franchise Today, co...