Finances Aren’t JUST Personal

Ross welcomes Andrew from Chicago to the show; a GM at a fast-casual restaurant, his first questions for Ross are about labor costs, managing margins and the conundrum of paying minimum wage. Ross gives Andrew some guidance about how to know what a business can afford to pay versus what they would like to pay hard-working, deserving employees. This leads to a conversation about salaries both here and abroad. Their conversation continues in the next episode of The Money Seat.