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A recent New York Times article about Kenneth Laskin’s debt-inducing franchising experience with chain restaurant Burgerim sheds light on the challenges franchisees faced and the need for increased protection in the franchising industry. As franchising becomes a popular choice for aspiring small business owners, concerns have risen about inadequate safeguards and misleading promises.
Click here to read full New York Times’ exploration of the Burgerim case, of broader regulatory scrutiny and of efforts to address gaps in franchisee protection.
By Rebecca Meiser
Contributor, Commerce + Communities Today and Small Business Center
ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.
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