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Unformatted text preview: HBM 158 Notes 18:42 Statistics/General Discussion Restaurant sales are a $580 billion a year US industry Revenues are generated from over 945,000 locations The restaurant industry employs over 12.7 million people Average restaurant sales a day is $1.6 billion Individual households spend $2,698 a year 40% of adults agree that take out and delivery increase daily work productivity 78% of consumers state they would like to receive restaurant gift cards/certificates If cash is slow, business owners want to look to other avenues to receive revenue Economic Challenges Economic uncertainty or certainty Changes to US Health Care Bill and Changes to minimum wage More benefits cost more money but give better incentives to employ more qualified employees The difference in minimum wage between Washington and Idaho causes a lot of Idaho students to come to Pullman to find jobs...
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This note was uploaded on 03/28/2012 for the course HBM 158 taught by Professor Jimharbour during the Fall '10 term at Washington State University .
- Fall '10