Neighborly President and CEO, Mike Bidwell, gives his top four tips on what entrepreneurs should know before going into multi-unit franchising.
Chauncey Billups talks best practices, multi-unit franchising and how a good partnership comes from hard work and trust.
Each month, IFA’s Featured Franchisees column highlights two franchisees who have demonstrated successful and passionate accomplishments.
A summary of all the position announcements, franchise news and franchising gives back stories for March 2020.
A detailed look at all the great advantages IFA provides to its members for multi-unit growth.
Attorneys from labor law firm Littler Mendelson outlined several of the key provisions of recent federal stimulus legislation related to the COVID-19 pandemic. The panelists discussed the Families First Coronavirus Response Act (FFCRA), Emergency Paid Sick Leave, Emergency Family Medical Leave, and the CARES Act. The panelists discussed the new mandates on businesses, as well as compliance measures, and loan options open to businesses in light of the stimulus bills.
This webinar’s panelists discussed payroll system operators’ role in the broader stimulus and loan efforts undertaken by recent government action, and outlined relief options available for small businesses. The panelists focused on the Employee Retention Tax Credit and Paycheck Protection Program Loan provisions of the recent CARES Act, and how payroll processers can act as trusted advisors on the front and back-end of loan forgiveness provisions through documentation and record-keeping compliance.
The CARES Act contains a provision that allows the Secretary of the Treasury to set up a new middle-market loan program for employers with between 500 and 10,000 employees. The provision is a part of an optional program that would create additional assistance for mid-sized businesses.
IFA supplier leaders from global accounting firm Citrin Cooperman provided participants with “timeless tips” and guidance for businesses to conserve cash flow as they contend with business interruption. The panelists offered both short term and long term solutions to deal with the current crisis, including: deferring expenses; communicating with bankers to manage possible refinancing and repayment options; tax deferral; and review of existing contracts. Longer term, the panelists recommended planning for new sources of cash flow via government loans with an eye toward accommodating labor changes, and preparing business for liquidity challenges going forward.