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The election day, voters in Arizona, Colorado, Maine and Washington will be making a decision on whether to raise the minimum wage in their state to $12 or more according to a recent article in the Wall Street Journal. This would impact many franchise brands planning to grow in those states, including rapidly expanding better breakfast franchise <a href="http://www.famoustoastery.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-wall-street-journal-famous-toastery-maneuvers-minimum-wage-hikes-in-key-development-states-7364" target="_blank" rel="nofollow" target="_blank">Famous Toastery</a>, which has plans to expand throughout Colorado. 

&ldquo;It takes you to a point where you have to knock up prices a little bit more,&rdquo; Robert Maynard, co-founder and CEO of <a href="http://famoustoastery.1851franchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-wall-street-journal-famous-toastery-maneuvers-minimum-wage-hikes-in-key-development-states-7364" target="_blank" rel="nofollow" target="_blank">Famous Toastery</a>, told the Wall Street Journal. &ldquo;But you also have to ask &lsquo;How can we be faster?&rsquo;, &lsquo;Do we need as many people in the kitchen?&rsquo;&rdquo;&nbsp;Other factors impacting franchise growth include new overtime rules and Obamacare. 

Read the full article&nbsp;<a href="http://blogs.wsj.com/economics/2016/11/02/voters-could-push-the-minimum-wage-to-12-or-higher-in-four-states/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=the-wall-street-journal-famous-toastery-maneuvers-minimum-wage-hikes-in-key-development-states-7364" target="_blank" rel="nofollow" style="color: rgb(17, 85, 204); font-family: arial, sans-serif; font-size: 12.8px;" target="_blank">here</a>.

The Wall Street Journal: Famous Toastery Maneuvers Minimum Wage Hikes in Key Development States

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Famous Toastery founder and CEO Robert Maynard discusses the possible minimum wage increases in certain states and what it would mean for the brand's franchise development.

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The Wall Street Journal: Famous Toastery Maneuvers Minimum Wage Hikes in Key Development States

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