Does Seattle's proposed minimum wage hike adversely hurt franchise businesses more than others? Not necessarily. Having a plan to combat the wage hike to maintain profits probably makes the better prepared than an independent business.
Scott Shane is A. Malachi Mixon III, Professor of Entrepreneurial Studies at Case Western Reserve University. He is the author of nine books, including:
He is the Editor of the Small Business Research Center at Small Business Trends.
He is also a member of the Northcoast Angel Fund in the Cleveland area. You can reach him at Scott “dot” shane “at” Case “dot” edu.
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