The Cost of an Unregulated Franchise Industry

The Cost of an Unregulated Franchise Industry

Government regulation is meant to protect people. But when regulation covers most of the places where people make important financial decisions, and leaves one significant industry outside it, it can have an unintended effect. It creates unjustified confidence in the...
Why franchising needs regulation

Why franchising needs regulation

The Economist recently published a leader article entitled “Why the world needs more franchises”. Its central argument was correct in pointing out the benefits of the franchising business model. It is true that franchising has been one of the most...