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.
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?
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.
According to reports, franchise businesses were responsible for adding more than 15,000 jobs during the month of September 2013.
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.
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.