Franchise Businesses, DEI, and Wall Street: FTC to the Rescue?

Franchise Businesses, DEI, and Wall Street: FTC to the Rescue?
The Federal Trade Commission (FTC) building is seen in Washington, D.C., on Sept. 19, 2006. Paul J. Richards/AFP via Getty Images
J.G. Collins
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Commentary

The promise of franchise businesses is that any schmuck with the money to buy one, the grit to do it, and the extraordinary work ethic required to run a business can be successful—and even become wealthy beyond their wildest dreams. No highfalutin Ivy League college degree (let alone an MBA!) to succeed in business; not even a high school diploma. All you need is a license from a franchisor and an operating manual.

J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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