How to Handle Minimum Wage Increases & Your Profitability

EPISODE 235 of The Local Small Business Coach Podcast How to Handle Minimum Wage Increases & Your Profitability  In today's episode:  With minimum wage creeping up in many areas and the push to get to a $15 an hour minimum wage, it is important that as a local business owner that you are prepared on how to offset this hit to your profitability. Let's take a look at some of the options that you have. Plus, we will discuss a gameplan to start getting ready for the $15 an hour that is sure to come.   QUOTE OF THE WEEK:  "Our attitude is that if you hire good people and pay them a fair wage, then good things will happen for the company." - James Sinegal"   ~~~~ The Local Small Business Coach Podcast is for Local Small Business Owners who are tired of living job to job and want to get to $100,000 in personal income. Each episode we discuss how to increase your profits, boost your sales, improve your processes and develop stronger teams.   Bio Picture   HELPFUL LINKS   Course: Create over 30 Different Sales Ideas to Grow Your Local Business Thinking of Getting a Coach? Check out my work with me page Join the Badass Local Small Business Owners Facebook Group! Leave a Question for the Show: Ask a Question Website/Training Materials Become a Founding Member of Our Upcoming Membership Site – Click for More Info Get Your FREE eBook -8 Steps to Increasing Your Profits in Your Local Small Business Get your free Business Health Check PDF   WHO THIS PODCAST IS FOR: local small business owners, mobile businesses, brick and mortar businesses, handymen, landscapers, pool cleaners, cleaning services, QSRs, restaurant owners, mechanics, plumbers, real estate agents, dog groomers, franchisees, tradesmen, medical, dentist, insurance, & those looking to increase profits, boost sales, improve processes and develop stronger teams