December 12, 2011

Be Wary Of Franchise Income Guarantees, Expert Says

StartupSmart: Prospective franchisees should not enter a franchise solely because it offers a guaranteed income system, an expert says, as more franchisors use income guarantees as a recruitment incentive. According to Jason Gehrke, director of the Franchise Advisory Centre, income guarantees are particularly common among service franchises, which tend to attract first-time business owners. “There

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