December 16, 2011 Dear IFA Members,  

As 2011 comes to a close, please take a moment to view our year-end CEO Update video report . 2011 has been a busy year for the franchise industry and we are cautiously optimistic that our economy will continue to steadily grow. We have a strong association. Our membership is steady and growing. Our financial resources remain very solid. We have doubled our political action committee (FranPAC) over the last 18 months so that we can support pro-business federal lawmakers and candidates in a much stronger way, moving forward. And lastly, our dedicated and talented staff is singularly-focused on the priorities set in our strategic plan. 

We made great headway in 2011 to help our members grow, compete and create jobs in a still very challenging economic and public policy climate, but we must (and we will) do more to ensure our industry remains strong and vibrant and you have my word on it. 

Thank you for your continuing support of the IFA. Without it, clearly our association would not be the increasingly-relevant small business voice and advocacy force it is today.     

Best wishes for a prosperous holiday season and New Year. 

Regards, 

   

Stephen J. Caldeira, CFE 

President & Chief Executive Officer 

International Franchise Association