Author: Fred DeLuca

Quotes

When I started in the business, the minimum wage was $1.25. I've seen an enormous number of wage increases. Basically, it applies evenly to everyone in the business.

When I started in the business, the minimum wage was $1.25. I've seen an enormous number of wage increases. Basically, it applies evenly to everyone in the business.

- Fred DeLuca

Profit or perish... There are only two ways to make money: increase sales and decrease costs.

Profit or perish... There are only two ways to make money: increase sales and decrease costs.

- Fred DeLuca

After 39 years of business, I'm still learning. I go through this every year -identifying new strategies that are extremely important.

After 39 years of business, I'm still learning. I go through this every year -identifying new strategies that are extremely important.

- Fred DeLuca

If I'm spending time on something, I may as well do good as opposed to average.

If I'm spending time on something, I may as well do good as opposed to average.

- Fred DeLuca

From my point of view, my job is just to work hard for our franchisees, so they can maintain the position they're in, and to grow market share.

From my point of view, my job is just to work hard for our franchisees, so they can maintain the position they're in, and to grow market share.

- Fred DeLuca

You could have everything right but be in the wrong place. You think your business is no good, but really, the problem is your place is no good.

You could have everything right but be in the wrong place. You think your business is no good, but really, the problem is your place is no good.

- Fred DeLuca

If I were in charge of the government, I would index the minimum wage to inflation, so that way, everybody knows what they can count on.

If I were in charge of the government, I would index the minimum wage to inflation, so that way, everybody knows what they can count on.

- Fred DeLuca

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