Phillip Di Bella on ABC Radio with Arianna Levy
30th May 2024
Just LIVE! Listen to our founder and MD of The Coffee Commune, Phillip Di Bella, in an insightful interview with Arianna Levy on ABC Radio. 🎙️
Phil talks about the critical issues facing small businesses in the hospitality industry today, especially in light of the recent BCN group liquidation. He sheds light on the unprecedented challenges that successful cafes and restaurants are facing, with profit margins now down to single digits.
⚠️ With wages, rents, utilities, and COGS all rising simultaneously, customers are unable to pay more, Phillip warns that the next three years will be tough for business owners. He also highlights how rising interest rates are squeezing household disposable incomes, making it harder for families to spend.
Tune in to hear why the Coffee Commune passionately advocates for and is committed to giving small businesses in the industry a voice, supporting them during these challenging times.