Recession Benifits

She was telling me how her husband had responded when she had asked him about what they would do in retirement. There was no pension for them but they had saved some money. He told her they would invest in restaurants. Over the years, he would buy a part interest in a restaurant that was opening and eventually had over twenty investments when he died. Some had gone out of business but most were still ongoing. She told me how she had recently received a check from one of the restaurants, "Woody's Bar-B-Que," a chain in these parts. The check was for more than she received in the past. When she inquired how did this happen, (because she was expecting less due to the recession) she was told the profits were higher because of lower employee turnover. Cooks and waitresses were staying in their jobs concerned that they might not get another. Less training, more efficient food handling, less spoilage and fewer employees yielded a higher profit.