The tool company Trump is visiting has an unsettling relationship with its blue collar franchisees
|04/18/2017||Posted by BusinessMediaguide.Com under General World News||
Did anyone in the White House vet this?
Donald Trump is about to visit the headquarters of Snap-on Inc., a Kenosha, Wisconsin maker of tools sold to auto repair shops and mechanics.
On paper, this looks great. The business dates back to the 1920s and makes tools used by blue collar workers.
But that’s not the whole story here.
Snap-0n uses franchisees to sell its tools and it has an unsettling relationship with these small business owners.
These franchisees accuse the company of keeping them trapped in a cycle of debt, by taking advantage of its position as a lender, charging rates read more >>>