Yet another franchise exposed

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Via Domainfax:

Many Red Rooster, Oporto and Chicken Treats store owners claim they are being pushed to the verge of bankruptcy as high costs and operating restrictions are forced on them by the company which controls the chains.

The complaints are contained in a submission from franchisees to the Senate’s inquiry into the Franchising Code of Conduct which was launched after Fairfax Media revealed issues at several large franchise chains including Retail Food Group, Caltex, Domino’s Pizza and 7-Eleven.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.