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Started By
Message
1
Posted on 3/10/23 at 10:44 am to Willie Stroker
quote:
A cash only business is a red flag for - engages in fraudulent practices. It even invites fraud by the employees. Food service employees are notorious for stealing from their employer and each other. Credit cards reduce that invitation for easy theft. Credit cards also make running a business easier because every transaction can be more easily recorded.
Yeah you’re an auditor for the IRS imagine? Frick off. This is America. If a business wants to be all cash, they should. Do you know how much credit card fees eat into a business as well? Lots of fraudulent businesses that aren’t all cash. You’re an idiot who’s never owned a business before.
Posted on 3/10/23 at 11:23 am to r0cky1
quote:
This is America. If a business wants to be all cash, they should
Look how that turned out. Linda's in Watson is charging 4% on EBTs to offset credit card costs. Instead of raising their prices like a normal business they are actively taking it out on customers.
quote:
You’re an idiot who’s never owned a business before.
Posted on 3/10/23 at 11:54 am to shutterspeed
quote:
Surprised to learn such a restaurant in that area was still existing as recently as 2022.
What? Superior Grill is like one block away and prints money.
Posted on 3/10/23 at 11:56 am to MikeBRLA
I heard City Group - Hightower had interest, not sure at that price though.
Posted on 3/10/23 at 12:38 pm to r0cky1
quote:
If a business wants to be all cash, they should.
Of course they can do what they want. How did that work out for them?
quote:People who actually own businesses pass along the cost to the customer Einstein. They do it, because it would be stupid to turn down a transaction. Customers consent to the asking price which includes the transaction cost. That’s the nature of free market transactions.
Do you know how much credit card fees eat into a business as well?
quote:
Having cashless society is what the liberal gov wants
I’m re-quoting this here to illustrate your hypocrisy and/or retardation. Wanna know what else your liberal overlords want? They want you to believe corporations do not pass along corporate taxes to their customers who simply pay higher prices. Can you see the flawed reasoning? Do businesses pass along costs to customers or not? Maybe next semester you should take a course in basic economics kid. It doesn’t mean you’ll understand it when you become an adult, but it is a step in the right direction.
quote:
Lots of fraudulent businesses that aren’t all cash.
No shite.
quote:
You’re an idiot who’s never owned a business before.
This post was edited on 3/10/23 at 12:50 pm
Posted on 3/10/23 at 1:02 pm to Willie Stroker
quote:
That’s the nature of free market transactions.
Yeah exactly stop your bitching about it being cash only and let them do their own free market transactions if a business wants to be cash free.
Posted on 3/10/23 at 1:15 pm to BilbeauTBaggins
Me and my ole man would do a little day drinking in the place. Eat a little pizza before we power drink at the old Baton Rouge bars.
I think it’s just nostalgia for Baton Rouge folks. Pizza was decent. The bathroom tripped me out. I’m not a big dude and had to turn sideways to get in that mug.
Probably can’t even pass code anymore.
I think it’s just nostalgia for Baton Rouge folks. Pizza was decent. The bathroom tripped me out. I’m not a big dude and had to turn sideways to get in that mug.
Probably can’t even pass code anymore.
Posted on 3/10/23 at 1:20 pm to r0cky1
quote:
Yeah you’re an auditor for the IRS imagine? Frick off. This is America. If a business wants to be all cash, they should. Do you know how much credit card fees eat into a business as well? Lots of fraudulent businesses that aren’t all cash. You’re an idiot who’s never owned a business before.
There's a tool warehouse sort of place around here that accepts only cash or good check per their full page ad.
Thought that was pretty damn unusual these days.
Name brand tools as well. Not the shitty stuff.
Posted on 3/10/23 at 1:34 pm to BilbeauTBaggins
I’m late to the thread but I’m not sorry to see Fleur de Lis go. They acted like it was some massive burden to give them your business, and without people’s nostalgia, they would be the worst pizza joint in the city of Baton Rouge.
Posted on 3/10/23 at 2:27 pm to BilbeauTBaggins
quote:
The property was recently listed at an asking price of $4.5 million
Posted on 3/10/23 at 2:46 pm to r0cky1
quote:
r0cky1
you seem like a stable individual
Posted on 3/10/23 at 3:43 pm to r0cky1
quote:
Yeah exactly stop your bitching about it being cash only and let them do their own free market transactions if a business wants to be cash free.
You’re avoiding the issue for some reason. No one else is questioning their freedom to make stupid decisions. We are pointing out the utter stupidity of that decision.
How’s that going to work out with buyers who have the capital to fork over that kind of money for a business like this? They closed because they failed to maintain their own business model and failed to adapt to the change in consumer preferences. People could go somewhere else for shitty pizza and be treated better. People could go somewhere else and use credit cards for shitty pizza. People could go somewhere else to eat shitty pizza in an environment where they were not surrounded by filth and mildew.
Do you think someone savvy enough to be an investor of that magnitude will be able to properly value a shitty cash only business?
The proper value of that closed business is the value of the land the building sits on, and the value of the assets inside. The business model and recipes are worth shite. You can tell by the comments that the only people hoping it reopens are likely elderly people, those who don’t give a shite about food quality, and those who can’t let go of nostalgic memories from a bygone era. It had its day. That day is over.
And neither Marcus Lemonis nor Tillman Fertitta will be buying shite businesses.
This post was edited on 3/10/23 at 3:45 pm
Posted on 3/10/23 at 4:00 pm to tonydtigr
quote:
Portnoy hates everything. Kinda like Mikey from the Life Cereal commercials.
Uh. He came to Baton Rouge and rated Red Zeppelin pretty good.
He absolutely LOVED the atmosphere.
Youtube of Portnoy rating Red Zeppelin
This post was edited on 3/10/23 at 4:02 pm
Posted on 3/10/23 at 4:16 pm to Basura Blanco
quote:
LaFonda's was a place with average Mexican food (decent for BR) and a steady crowd of day drinkers. It had strong arse drinks that convinced average looking married people it was a good idea to get a room at the Ten Flags Inn and screw around with each other. It had some epic Friday afternoon happy hours in the '80s as well.
wow, NAILED IT
Posted on 3/10/23 at 4:18 pm to BilbeauTBaggins
i lived in BTR from 90-95, went to FDL a few times to get a pizza to go. Those pics ae exactly what that place looked like back then, hasnt changed or been cleaned in 30 years
Posted on 3/10/23 at 4:24 pm to mikelbr
quote:
Uh. He came to Baton Rouge and rated Red Zeppelin pretty good.
He absolutely LOVED the atmosphere.
Youtube of Portnoy rating Red Zeppelin
My favorite pizza in BR
Posted on 3/10/23 at 4:40 pm to mikelbr
quote:
Uh. He came to Baton Rouge and rated Red Zeppelin pretty good.
He absolutely LOVED the atmosphere.
Youtube of Portnoy rating Red Zeppelin
Not really.
The whole reason I said Portnoy doesn't like anything (a bit of exaggeration on my part, because this is the OT after all) is because of the Red Zeppelin review. I like Red Zeppelin a lot, and he gave it a mere 6.8.
In this review of Ian's in Milwaukee, he gave them a 6.9, and said it was "Decent with a D" at the 2:30 mark. LINK
Not a great review, IMO. I would say 6.8 is a bit less stellar than a 6.9 which makes the Red Zeppelin review not "pretty good" but less than decent.
I think Red Zeppelin deserves better.
Dave's pizza reviews are interesting to watch, but I think he missed on that particular one.
This post was edited on 3/10/23 at 4:44 pm
Posted on 3/10/23 at 6:30 pm to Willie Stroker
quote:
You’re avoiding the issue for some reason. No one else is questioning their freedom to make stupid decisions. We are pointing out the utter stupidity of that decision.
I said this place sucks in my first post, but I support businesses that are cash only? Fleur de Lis Pizza not surviving is because of its bad pizza. There are plenty of cash only restaurants that do great but food isn’t bad. Being a cash only business shouldn’t be frowned upon, it’s idiotic and saves money for everyone. No shite a savvy investor isn’t buying a cash only business.
Keep watching shark tank and typing novels. You’re a moron.
This post was edited on 3/10/23 at 6:36 pm
Posted on 3/10/23 at 9:20 pm to r0cky1
quote:
Do you know how much credit card fees eat into a business as well?
Credit cards also helped add on sales, buying more expensive items than planned, and then with restaurants still tip well even after spending more than planned. End of 20th century many people were already avoiding gas stations without ability to take cards at pump and avoiding other places that didn’t take credit cards.
Have credit card fees increased a lot in recent years (per transaction not total) to make transactions unprofitable?
Or has the ratio of cash sales decreased to a point that there are less cash transactions to under report for some and have also lowered expenses handling cash far below what used to be the norm that shifting some sales to cash doesn’t increase costs of handling more cash that much?
Years ago when I worked in retail (corporation) that could have significant cash transactions at times handling cash had a large expense from training, labor for opening and closing registers, labor for final closing, alarmed safe to hold deposit until next morning’s transport, expense for armored deposit transport, employee theft, and counterfeit issues. Credit Cards were very simple comparatively. Even some of bigger labor and storage expenses with credit cards started to minimize with signature capture.
Of course there could be charge backs, but cash had its issues and expenses when handled a lot. Handling a lot of cash was still the key as it’s expense was then still relatively high and not out of whack with card expenses especially considering benefit of increased sales they helped bring in.
Also, Restaurants and servers definitely under report cash tips. I also knew of some that had an extra register to record some cash business that would not get reported to franchise corporation or various tax entities. It’s not just restaurant type businesses or about credit card fees for some pushing cash use. That has to play a part for some of this as cash usage has decreased, but some are running off business which doesn’t make sense and is very short term thinking unless these businesses are losing money with each credit card transaction.
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