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Ep. 910: Robert M. Rosenberg Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Make Money as a Company

Duncan: One of the first decisions I had to make was how we made our money as a company. We started off making our commissions from our franchisees as a result of kickbacks on the sale of different ingredients that they used in the store. As a result of that, we converted to a straight royalty, which is no question legal. But to do that, you're going to have to come clean with your franchisees and disclose to them how much you're making," Duncan says.

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