Is the under-declaration of turnover acceptable?

Brian Duckett, of the Franchising Centre, discusses the vexed question as to whether the under-declaration of turnover by franchisees is acceptable? Naturally enough the theoreticians – the lawyers and the less-experienced franchisors and advisers – immediately reply with comments such as ‘None’, ‘It is theft’ and ‘We have a zero-tolerance policy’.

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Franchising: your model for business growth?

Franchising has been lauded as a tried and tested way of growing one’s business by using the entrepreneurial skills and capital, without incurring debt or interest charges, of others. It has also sometimes misguidedly been promoted as a panacea for ailing businesses. Manzoor Ishani, of Sherrards, the Surrey-based law firm, tackles this issue.

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