For immediate release
Contact:
Alisa Harrison, 202-628-8000
Matthew Haller, 202-662-0770
aharrison@franchise.org
mhaller@franchise.org
twitter.com/franchising411

WASHINGTON, D.C., Nov. 3 – The outcome of the 2010 mid-term elections is a positive step towards returning to pro-growth economic policies that create jobs and restore certainty for the franchise industry and small businesses across America, the International Franchise Association said today.

“Voters across America overwhelmingly agreed with IFA and
 small business
 owners on the need to elect
 candidates aligned with pro-growth policies that will
 create jobs and strengthen the economy,” said IFA President & CEO Steve Caldeira.
 “IFA congratulates the newly-elected members of the 112
^thCongress and looks forward to working with the leaders of both parties to advance policies that will help small businesses grow and create jobs.”

Through IFA’s political action committee FranPAC, the franchise small business community supported 138 pro-franchising federal candidates.
 Pending the outcome of several races still to be decided, FranPAC-supported candidates were victorious in 85 percent of their races.

“When Congress convenes early in 2011, IFA will immediately begin to educate new members about the economic impact of franchising by illustrating how important pro-growth policies are
  in the effort to create and sustain jobs,” Caldeira said. “To help get the economy back on track, we will urge Congress to act quickly to extend tax relief to small businesses, further extend the SBA’s 90% loan guarantees into 2011, and roll back the most onerous provisions in the health care reform law such as the 1099 reporting requirement.”

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The International Franchise Association is the world’s oldest and largest organization representing franchising worldwide. Celebrating 50 years of excellence, education and advocacy, IFA protects, enhances and promotes franchising through government relations, public relations and educational programs.  Through its awareness campaign highlighting the theme,
Franchising: Building Local Businesses, One Opportunity at a Time, IFA promotes the 21 million jobs and $2.3 trillion of economic activity generated by franchising.
According to the most recent U.S. Census data, IFA members include franchise companies in over 300 different business format categories, individual franchisees and companies that support the industry in marketing, law and business development.