I'm a California restaurant operator preparing for the $20-an-hour fast-food wage by trimming hours, eliminating employee vacation, and raising menu prices ( www.businessinsider.com )

owenfromcanada , 5 months ago

Me: Hi there, I’d like to apply for a loan for a new restaurant.

Bank: Okay, so you have a business plan?

Me: Yes, here it is.

Bank: Hmm… it says here under employee compensation, “slaves LOL” - what does that mean?

Me: Oh, haha, I’m gonna pay them pretty much nothing.

Bank: …get out of my bank.

Why do we accept shitty business plans that would otherwise get laughed at?

orrk , 5 months ago

if you could show the bank you could get away with it they would be more than happy to fund you