IFA Applauds Efforts to Reduce Regulatory Burden for Small Business Owners

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Jenna Weisbord, 310-995-0839

jweisbord@franchise.org

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IFA Applauds Efforts to Reduce Regulatory Burden for Small Business Owners


WASHINGTON, March 8—The International Franchise Association, representing franchise small business owners, applauds Sen. James Lankford (R-Okla.) for introducing a package of regulatory reform bills in response to the growing number of government regulations that unfairly burden America’s small businesses. The package will seek to end several controversial practices employed by federal agencies during the Obama administration.


“With alarming frequency, rules and regulations are being made by bureaucrats that are disconnected from the reality of running a business,” said IFA President & CEO Robert Cresanti, CFE. “As a result, we are seeing ill-advised policy such as the National Labor Relations Board’s ‘joint employer’ standard and the Department of Labor’s overtime rule, which are shutting the door on opportunity and small business entrepreneurship.”  


For an industry that is forecasts to add 250,000 jobs in 2017 to the economy, smarter regulations will make the American dream more accessible and free up small businesses to propel the whole economy forward.


“We are thankful to Sen. Lankford for working to ease the regulatory burden on business owners by removing the barriers the regulatory environment has created. This will allow the franchise industry to continue to provide economic opportunity in communities across the country,” said CEO and Founder of Express Employment Professionals Bob Funk.


IFA will continue to support specific efforts to overturn the joint employer and broader structural reforms that help to ensure laws are made by Congress and agencies are more rational and fair in their implementation of the law. “We are hopeful both sides of the aisle can help produce a more efficient regulatory process, reduce regulations and get our businesses back on track,” Cresanti added.


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About the International Franchise Association

Celebrating 56 years of excellence, education and advocacy, the International Franchise Association is the world’s oldest and largest organization representing franchising worldwide. IFA works through its government relations and public policy, media relations and educational programs to protect, enhance and promote franchising and the more than 733,000 franchise establishments that support nearly 7.6 million direct jobs, $674.3 billion of economic output for the U.S. economy and 2.5 percent of the Gross Domestic Product (GDP). IFA members include franchise companies in over 300 different business format categories, individual franchisees and companies that support the industry in marketing, law, technology and business development.


1900 K St., N.W., Suite 700   Washington, DC 20006  USA


Phone: +1 202/628-8000    Fax: +1 202/628-0812     www.franchise.org

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