The U.S. Small Business Administration (“SBA”), in response to pressure by the International Franchise Association, recently changed its position regarding how it views franchise companies and their affiliates for purposes of determining loan worthiness.
Tag: franchise industry
Are Minimum Wage Laws that Discriminate Against Franchises “Industry-Specific” for the Purposes of Item 1?
Franchisees and franchisors continue to fight new minimum wage laws by U.S. cities that discriminate unfairly against small business owners who are affiliated with franchise systems. Are these types of laws “industry specific” within the meaning of Item 1 of the Franchise Disclosure Document?
IFA Announces Effort to Fight Attacks on Franchise Model
2014 was a challenging year for franchising, seeing two new broad-based forms of attack on the franchise model driven by labor unions. The International Franchise Association has created a coalition to fight back.
Franchise Businesses Driving Job Growth Nationwide
According to reports, franchise businesses were responsible for adding more than 15,000 jobs during the month of September 2013.
Podcast: “Top 10” List Of Considerations For Buying A Franchise
Last week I was interviewed on The Franchise Radio Network, a weekly podcast / radio show. On this show, we discussed ten of the key items that should be considered before buying a franchise. You can find the interview here.
Listen To My Interview On The Franchise Radio Network
Last week I was interviewed on The Franchise Radio Network, a weekly podcast / radio show. I talked about the franchise industry in general, as well as legal issues specific to franchising. You can find the interview here.