How does QSR turnover affect EBITDA?
I hope no one will judge me here, because I am just learning how to run a business. My brother has a fast food restaurant and I help him sometimes. Right now I would like to clarify the impact of QSR turnover on EBITDA. Maybe this is an obvious question for someone, so I will be glad to hear your answer.
How old are you and have you ever had any work experience anywhere? I would also like to have had the opportunity to participate in the development of some business earlier and gain experience like that, it's really cool. I don't know if I can explain it to you in my own words, so I advise you to read the article about QSR turnover impact on profitability on the eb3.work website. In general, this is the impact of recruiting costs, employee training and other hidden costs of labor instability. If you optimize all these processes and points, then EBITDA, i.e. profitability, will have much better indicators. I hope you understand that labor instability is just additional costs that prevent QSR from making more profit.
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