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With -- thank you very much are we don't want to leave this subject because there -- a lot of people who were facing problems -- and so is congress -- for battle employers are scrambling.
Some businesses have already cut back the hours of employees because of the obamacare mandate.
So several employers and employees are feeling the pain -- at this point no game.
Any leader horn is this -- that Berger and he says.
That's exactly the situation that he finds himself and his company and thank you for joining us sandy it's a pleasure to happier on Fox Business.
Let me ask you you guys were preparing.
Four the implementation of obamacare the affordable health care act then this delay comes down why is that a hindrance to the people who have franchise.
As -- fat burger.
Right so as you know Adam -- franchise system and what that does is it an independent businessman who are organizing there labor force to comply with the law and they're trying to be prepared for before kicks in.
And so you you're faced with these economic challenges being burden upon you and -- The restaurant industry staffers a company we want our employees interface -- poised to have health insurance.
But it's it's the applicability of it.
And how it.
Triggers like falling off a cliff with you have fifty employees -- you don't know if you've always -- working over thirty hours or not working over thirty hours it creates all of these challenges that are very hard to execute.
In fact I learned -- -- in preparing for my discussion with -- slash and share.
You know there's always.
A way to get around certain legal mandate sometimes they're wonderful solutions and in the case -- for instance not only your company.
But several small businesses they're cutting the hours and employees at an individual store but -- sharing the employees they go to a different.
Franchise perhaps and get more hours there are right.
That's right that's job -- Bad that's not good for anyone you know and it's really bad -- -- we want to encourage employees to work a full forty hours or more at a restaurant not to go across the -- -- to skirt the law are to have the employer.
They're -- to manages -- -- we want coverage provided we need to get rid of these technical applications.
But on the other hand one of the negative consequences of the affordable health care act of obamacare.
We saw in the labor report last week no one really made a big deal out of this failed to applauded the fact that we now have over 300000.
Additional people working.
Part time but isn't there aren't a lot of those people perhaps people who were working full time pad their hours cut.
Because their employers couldn't afford to comply with the new mandates.
At all levels I mean it's a huge problem because -- the cost of this look arrest -- has food cost is 25 to 30% -- -- labor cost it 30% as rent cost of 10%.
You you're you're gonna have to bear this cost somewhere the consumer's -- -- it.
Right or we're gonna have to pay -- as a taxpayer and and there's a cost and we need them to reduce that -- be efficient with it.
-- -- -- a legislation that has so much administration associated with it all the reporting aspects of it it's gonna cost more and you're gonna have employees.
I've stuck it in this in this dilemma where they employers trying to manage his way through it or avoid -- and that's not good for -- You actually I heard a story one of your franchisees I think it's not a -- but fruit through the other side.
Actually gonna close -- store because of the burden the mandate that you actually cut them a deal in which they were able to keep the store open which cut the franchise here.
-- so we we -- another wrinkle Buffalo's cafe and that restaurant chain had a multi unit operators who had more than one restaurant therefore in more than fifty employees.
And the application of this new law that triggers but -- cost from 60000 dollars to 200000 dollars for health care for.
His restaurants and the problem with that is it is going to make.
What it is restaurants lose money a significant amount of money is gonna close the restaurant and all the jobs will be -- so we stepped in and we agreed to write a check in and covered him for the differences.
By lowering the royalties but you know we kid you got across the board you've got a bit what is and fresh -- can -- exactly so -- it's got to be changed can't have.
This cliff that certain companies fall into others don't.
-- -- small business is getting killed with it.
What why and we sought to just this afternoon very late this -- in the NFIB came out and said look the delay five but we really need to -- do.
This whole -- complex.
Situation with the mandates but.
Hey I've got imagine it's incredibly frustrating for people like you.
When you hear from the administration has supporters of this when they say we'll only 3% of the nation's 57 -- -- -- 1600000.
-- affected by this side that would that would -- got to make you turn red.
That's a huge number I mean what when you say it's it's only -- you can't pick this this.
And the fact that small businesses he affected purity it's hard enough to -- small business then America let alone write he single out and -- with this and yet.
The industry and our company we want health care coverage for all the employees just not.
With this mechanism so how do you get it's almost like no less of -- had to get the administration the lists and to those of -- than the men and women who work in this 3% threshold that look where employing millions of people and you're jeopardizing that.
Well I think they hear it I just I think they don't.
Want to react to it and they're gonna have to mean this this year of time in some ways -- it's better than nothing at least take the time to implement it properly.
And besides that the rules -- applied and so there even for everyone to and and really reduce the administration associated with it.
Because business can't afford the cost of this fan Andy as far as you know did anyone from the administration in the crafting the affordable health care act if they ever contact you were people like -- to ask what's the real world implications of this.
Yeah I'm not aware of that are not aware of the restaurant industry get here real voice -- it -- the restaurant industries you know from the labor force really is affected by it significantly.
I have been there as a dishwasher at Dan's -- an old orchard beach Maine a thousand years ago thank you very much.
-- we really appreciate you the CEO from fat burger all the best to you next.
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