Liebman Group published a study by Harvard Business School indicating that a $1 increase in the minimum wage raises the average restaurant's risk of closing by 14%
Published
Signal category
Research & Knowledge
Quote
“A Harvard Business School study found that every $1 increase in the minimum wage raises the average restaurant’s risk of closing by 14%”
— Scott Liebman|Liebman Group team
Company
- Industry
- Venture Capital and Private Equity Principals
- Location
- Hollywood, US
- Company size
- 1 employees
Liebman Group partners with business owners and management teams to help them grow their companies. We bring financial, operational, strategic and technological expertise as either long-term equity investors or external consultants. Our investment criteria can be found below: -Annual revenues between $10 million and $100 million -Stable financial performance -Strong existing management team -Defensible market position -Limited capital expenditure needs -Limited customer concentration We are currently seeking investments in the following sectors: -Business services -Distribution -Food & beverage -Healthcare -Manufacturing -Technology
Founded 2017