Nick Neonakis - High Restaurant Prices

With franchise and restaurant owners confronting a delicate balancing act between higher menu prices and labor costs, one former industry leader is concerned more doors are preparing to close nationwide.  A recent analysis from Fox News Digital broke down the dramatically rising fast-food prices that began even before the COVID-19 pandemic, at the most popular restaurant chains across the country.  The McDonald's Big Mac, for example, cost $3.99 in 2019. Now, that price has more than doubled to $8.29, according to Fast Food Menu Prices, an online tracker. We chat with Nick the Head of The Franchise Consulting Company and The Great American Franchise EXPO, author of “The Franchise MBA” I

 

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