I've Read UNSCRIPTED
- Aug 27, 2017
Franchisees. People who buy into preexisting corporations as business owners are pretty much asking for it. They may own and operate a business, but that business still reports to the corporation within which sit its shareholders - who ultimately make the strategy level decisions. This is an interesting thread regarding how the pandemic has brought to light the perils of lack of control in franchising.
Small business owners who operate franchises like Subway or McDonalds tell The Wall Street Journal that instructions on pricing and equipment from corporate headquarters could force them to go under.
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