This applies to those enterprising convenience store owners who end up getting busted for food stamp fraud. Theyre almost all foreigners.
Off topic a bit, but I’ve wondered, why so many convenience store owners and workers, seem to be from other countries?
Why are all gas stations, at least in my area, run and leased by foreigners?
When we talk of immigration and talk of jobs Americans aren’t doing, it seems to me that among jobs Americans aren’t doing are running these convenience stores and gas stations.
Are 7-11’s franchised or leased? Because the same types of people seem to be working there, not just in the independent convenience stores.
Because the quick path to owning a turnkey business is through a franchise.
“Welcome to the United States.”
They buy them as a family affair and staff the stores with family members, the old model that merchants in the US once followed with storefront businesses and living in an apartment above. Natives could do the same with a large enough family. Not a nice life as far as leisure time and not a luxurious one, at least for many years building up the business and paying down any debt but it leads to a very profitable asset in the end.
When running a gas station can subject you to unlimited environmental fines, it’s good to be able to easily flee the country.
I am not sure if this is true but I remember reading somewhere that they got crazy interest rates for their noncitizen owned businesses to encourage nonAmerican owned businesses. That is why after so many years their businesses change hands - very often to another family member- so they can get another loan.
Because there are all kinds of loans tailored to minorities. I found that out a long time ago when I was trying to get a loan from the BEtter Business Bureau. Here’s a link that explains some of it.
Oh I forgot to add that at the time the BBB was offering 0% loans to them.
When we talk of immigration and talk of jobs Americans arent doing, it seems to me that among jobs Americans arent doing are running these convenience stores and gas stations.
The Small Business Administration has been set up to hand out tons of low-interest or no-interest loans to minorities to help them start up businesses. White males need not apply.