6 Ways California’s New Minimum Wage for Fast Food Workers Will Hurt Franchises — And Consumers Discover how California’s new minimum wage law is transforming the fast food industry, impacting franchise owners, employees, and the broader economy.

Key Takeaways

The new minimum wage law significantly raises operational costs for fast food franchises, which already operate on slim profit margins.

To manage increased labor costs, many franchises are raising menu prices and reducing their workforce. In response to the wage hike, some franchises are investing in automation to reduce reliance on human labor. California’s recent legislation to increase the minimum wage for fast food workers to $20 has stirred significant debate. While the intent behind the law is to improve the livelihoods of employees in one of the state’s largest industries, it has […]

Full Post at www.entrepreneur.com