Just in time for Valentine's Day, a story about how unenchanted restaurant owners in California are with some new laws.
Last Monday San Fransisco became the first city in the country to require all businesses to provide paid sick leave to their employees.
Then in July another shoe drops - businesses must start paying for health insurance for uninsured workers. The Golden Gate Restaurant Association recently filed a lawsuit to fight the ordinance.
Restaurant owners are warning that prices could go up, and they may have to cut worker's hours. They are also concerned about how it could impact the city's reputation for fine dining and hospitality.
"The restaurant business is tough already, and when the state wants to make you take care of people, it becomes too burdensome," says Carl Chapman, a restaurant recruiter with over 20 years of experience in the restaurant industry. He notes that a lot of even the bigger restaurant chains steer clear of certain states like California because of the business climate.
Some restaurant owners say it will end up costing them the equivalent to what they make in a year. They worry about diners cutting back on eating out and the demise of smaller, more unique restaurants.
Others are saying the ordinance would actually help restaurants by attracting quality workers and fostering loyalty. Here is the story in the front page of The San Francisco Chronicle.
Obviously it's a thorny issue, and for restauranters, it's not coming up roses. Thoughts?
|Helpful Resources To Assist In Selling And Buying California Businesses|
|Elizabeth McGovern: Escrow Services - San Francisco Bay Area
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
|Brad Steinberg, Business Broker: Laundromat Specialist
PWS is the leading laundromat broker in California. Since 1968 PWS has brokered over 2,500 laundromat sales. With over 90 employees dedicated to the coin laundry industry, PWS has 18 licensed agents, a 3 person in-house finance department, 10 service technicians and a 20 person parts department.
|Janet Carrera: Escrow & Bulk Sale Service - SF Bay Area
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
|Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
|Helen Yoo, New Century Escrow - Escrow Services In Southern California
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
|Shalonda Chappel-Pilgram: Escrow & Bulk Sale Services - Southern California
Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.
|Diane Boudreau-Tschetter: Escrow & Bulk Sale Services - CA
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
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