It doesn't take a business owner to know this. If firsthand experience is the criteria for knowledge then none of us would know anything.
Which is why women are better experts to talk about the rigors of childbirth as opposed to men. Until a man passes something the size of a cantelope through an orafice, women are better suited in that regard, and are better gauges on that particular subject. You may well have an opinion....it's just an "uneducated" one.
Correct, which means an already thriving business won't go under just because of a modest minimum wage increase. They should be able to absorb this cost increase the same way they absorb any increase in cost. This just factors into the cost of doing business. Surely a good businessman would expect expect the minimum wage to increase over time the same way he expects the costs of goods to increase over time.
Again, if you have never been one that has had to absorb the cost of business how can you even provide and adequate arguement to someone that has had to absorb said cost. I will put this in terms that you can understand. If I raise your rent, (which was a set cost that you budget for on a regular basis) then you will have to adjust your spending habits to accomodate for me raising your rent. You will more than likely have to adjust what you buy/spend/or consume on a daily basis to live the same way. The same is for business.....especially small business. A broad adjustment in the minimum wage for them will kill their overhead.....again, start your own business and you will see this first hand. BTW, you do know that whenever the minimum wage is raised all other salaries within the infrastructure will have to be raised in proportion. Again, Business 101 teaches that....BTW, were you a liberal arts major?
Nice lesson on profitability, but this has no relevance to our discussion.
What you fail to see is relevant is of no consequence to me, especially since you don't want to even acknowledge every single basic template that every school of business at every single university teaches. Mabye your arguement might change if you had actually "been there" and "done that". Based on your logic, men are far better advocates as to the pain of childbirth since they have written more books that women in that regard. If I was a woman about to consider birthing a child, I would never ask a man or even a woman that has never had one....instead, I would ask a mother.
Adieu,