Congressional Leaders Introduce Resolution Recognizing First-Ever World Franchise Day
Bicameral and bipartisan group of legislators denote June 11 as a day to honor the franchise business model’s impact on job creation, entrepreneurship and economic development across the United States and the world
WASHINGTON, D.C. – A bipartisan and bicameral group of lawmakers today introduced a historic congressional resolution recognizing June 11 as the first-ever World Franchise Day, honoring the franchise business model’s impact on job creation, entrepreneurship, and economic development across the United States and the world.
The resolution is being led in the U.S. Senate by U.S. Sens. Markwayne Mullin (R-OK) and Chris Coons (D-DE), and in the U.S. House by Representatives by U.S. Reps. Kevin Hern (R-OK), Troy Carter (D-LA), Hillary Scholten (D-MI), and Beth Van Duyne (R-TX). The House resolution has 12 bipartisan original cosponsors.
“World Franchise Day is a powerful reminder of the franchise model’s unparalleled ability to create opportunity for aspiring entrepreneurs of all backgrounds and walks of life,” said Matt Haller, IFA President and CEO. “We’re grateful to the bipartisan and bicameral group of leaders for recognizing the incredible impact franchising has on the American economy and the opportunity and upward mobility it provides. From this point forward, each June 11 will be a moment to not only take stock and celebrate all that franchising does but also ensure that we are doing everything in our power to preserve, protect and enhance the model for future generations.”
The resolution was introduced ahead of the global celebration organized by the World Franchise Council, a non-political association made up of more than 40 national franchise associations from around the world.
In the U.S. alone, franchising consists of over 830,000 establishments, supporting nearly 8.8 million direct jobs, generating $897 billion in economic output.
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About the International Franchise Association:
Celebrating over 60 years of excellence, education, and advocacy, the International Franchise Association (IFA) 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 approximately 831,000 franchise establishments that support nearly 8.8 million direct jobs, $896.9 billion of economic output for the U.S. economy, and almost 3 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.
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