The International Franchise Association (IFA) today said passage of AB 257 (Holden), or the FAST Recovery Act, in the California State Assembly would be “disastrous” to California restaurants and franchises in the state. IFA urges the Senate to consider the bill’s harmful ramifications before it is heard this spring.
Today, the International Franchise Association (IFA) and Franchise Update Media announce a 10-year, industry-leading partnership to produce new educational conferences for the franchise community. The organizations will combine the resources and experience from five past conferences to produce two new and reimagined industry events in 2022: The Franchise Customer Experience Conference in June and the Franchise Leadership and Development Conference in October.
This week, the California State Assembly is attempting to revive the so-called “FAST Recovery Act” or AB 257 after it failed in the legislature last year. This legislation would effectively end the existing franchise model in California, an industry that supports nearly 25,000 quick service restaurants in the state, employing over 373,000 Californians. This bill would hurt the entrepreneurs who have built these local businesses, the hundreds of thousands of jobs they support, and the communities in which they operate.
International Franchise Association Vice President for State and Local Government Relations Jeff Hanscom today released the following statement in response to California’s AB 257 (Holden), which is expected to appear before the State Assembly next week.
The International Franchise Association (IFA) today named AnswerConnect Franchise as the association’s preferred vendor for live answering services. As the IFA’s preferred live answering service vendor, AnswerConnect Franchise answers calls, qualifies leads, sets appointments, and more on behalf of franchise businesses.
Fast-casual franchises have remained a hot investment throughout the pandemic, with many seeing increased revenue from delivery and take-out orders exceeding lost revenue from dine-in eaters. Even better news if you’re a veteran looking to purchase a franchise is that a number of these franchises offer support to new veteran business owners in the form of franchise fee discounts. Check out these three franchises with veteran discounts ready for a surge in 2022.
The International Franchise Association (IFA) today released the following statement on the Supreme Court’s ruling striking down the federal government’s vaccine mandate on employers larger than 100 employees.
The U.S. Senate Health, Education, Labor and Pensions (HELP) Committee today voted along a party-line vote to advance anti-franchise nominee Dr. David Weil to serve as Administrator of the Department of Labor’s Wage and Hour Division. Weil’s nomination was rejected last year, but he now heads to the full Senate for consideration after being renominated by the Biden administration.
Last week, IFA filed comments with the North American Securities Administrators Association (NASAA) in response to their Proposed Statement of Policy Regarding the Use of Franchise Questionnaires & Acknowledgments. In short, the proposal will ban the use of questionnaires and acknowledgements in franchise offerings in states where NASAA regulators evaluate franchise registrations.
With the COVID-19 pandemic continuing to keep people closer to their homes, the housing market has soared due to a combination of people looking for more space, low mortgage rates, and more flexible “work from anywhere” positions. The relocation trend is likely to continue beyond the pandemic, which is why residential property franchises will be a hot investment going into 2022.