The Farm of Beverly Hills

Yes, the NBA lockout is bad news for the fans, but for businesses that make a lot of their profit during the season from the fans whom support their teams, it is very bad news. Businesses that thrive off of the fans that buy their products, have already been noticing smaller paychecks now that the season has started. The Farm of Beverly Hills restaurant is one of these businesses that gains most of their revenue from the fans that stop by and stick around during game time in L.A. The restaurant is just down the street from the Staples Center where both Lakers and Clippers fans make up a third of its revenue. Anticipating the lockout the owner told the 200 employees weren’t laid off but their hours were cut down. “No games means fewer customers and fewer hours for restaurant workers,” said the CEO Fran Berger. There was even more of a let down when the lock out occurred because the LA Lakers and Clippers both had been expected to make the playoffs this year, which would have created more revenue from the home games. Many fear of not being able to work the minimum 1,100 annual hours required to qualify for health insurance. At a time when the economy is struggling to create jobs, slashing pay for thousands of low- to moderate-income workers because of the labor disputes will be a very difficult task for the economy to bounce back from once the NBA is back.

The Farm of Beverly Hills and the NBA lockout

Yes, the NBA lockout is bad news for the fans, but for businesses that make a lot of their profit during the season from the fans whom support their teams, it is very bad news. Businesses that thrive off of the fans that buy their products, have already been noticing smaller paychecks now that the season has started. The Farm of Beverly Hills restaurant is one of these businesses that gains most of their revenue from the fans that stop by and stick around during game time in L.A. The restaurant is just down the street from the Staples Center where both Lakers and Clippers fans make up a third of its revenue. Anticipating the lockout the owner told the 200 employees weren’t laid off but their hours were cut down. “No games means fewer customers and fewer hours for restaurant workers,” said the CEO Fran Berger. There was even more of a let down when the lock out occurred because the LA Lakers and Clippers both had been expected to make the playoffs this year, which would have created more revenue from the home games. Many fear of not being able to work the minimum 1,100 annual hours required to qualify for health insurance. At a time when the economy is struggling to create jobs, slashing pay for thousands of low- to moderate-income workers because of the labor disputes will be a very difficult task for the economy to bounce back from once the NBA is back.

NBA lockout and the Farm of Beverly Hills

Yes, the NBA lockout is bad news for the fans, but for businesses that make a lot of their profit during the season from the fans whom support their teams, it is very bad news. Businesses that thrive off of the fans that buy their products, have already been noticing smaller paychecks now that the season has started. The Farm of Beverly Hills restaurant is one of these businesses that gains most of their revenue from the fans that stop by and stick around during game time in L.A. The restaurant is just down the street from the Staples Center where both Lakers and Clippers fans make up a third of its revenue. Anticipating the lockout the owner told the 200 employees weren’t laid off but their hours were cut down. “No games means fewer customers and fewer hours for restaurant workers,” said the CEO Fran Berger. There was even more of a let down when the lock out occurred because the LA Lakers and Clippers both had been expected to make the playoffs this year, which would have created more revenue from the home games. Many fear of not being able to work the minimum 1,100 annual hours required to qualify for health insurance. At a time when the economy is struggling to create jobs, slashing pay for thousands of low- to moderate-income workers because of the labor disputes will be a very difficult task for the economy to bounce back from once the NBA is back.

http://news.blogs.cnn.com/2011/10/13/nba-standoff-threatens-livelihoods-of-workers-at-stadiums-nearby-shops/?hpt=us_t5