In honor of National Small Business Week, the International Franchise Association (IFA) recognized the 775,000 local franchise small businesses it represents and their commitment to creating opportunities for underserved individuals, uplifting the communities where they operate, and serving as an engine for economic growth and upward mobility.
The International Franchise Association (IFA) today named Benetrends as its preferred vendor for IRA/401(k) rollover financing solutions. The Rainmaker Plan® allows for funding a business with a 401(k)/IRA loan, or a Rollover-as-Business-Startup, without loan payments or interest, allowing potential business owners to use money put aside for retirement to invest in a new business.
The International Franchise Association (IFA) today awarded its first congressional endorsements of the 2022 midterm election season, naming U.S. Senator Todd Young (R-IN) and Reps. Steve Chabot (R-OH) and Henry Cuellar (D-TX) as “Friends of Franchising.”
The International Franchise Association (IFA) and FRANdata today released an inaugural annual study on the impact of labor shortages on franchised businesses. Surveying over 200 franchise executives representing 197 brands and approximately 90,000 units, the results show that availability of qualified labor is the number one challenge facing small businesses. The survey also presents the ways franchisors are helping their franchisees address the shortage, highlighting how the franchise business model is uniquely equipped to adapt to today’s challenges.
The International Franchise Association (IFA) today applauded the U.S. Senate for defeating the nomination of David Weil to serve as Administrator of the Department of Labor’s Wage and Hour Division. U.S. Sens. Kyrsten Sinema (D-AZ), Mark Kelly (D-AZ), Joe Manchin (D-WV), and all 50 Senate Republicans voted against the nomination.
The International Franchise Association’s (IFA) Open for Opportunity Roadshow stop in Metro Atlanta wrapped up this afternoon at Georgia State University, where local franchise and business leaders spoke to 75 students about the opportunities the franchise business model provides to aspiring small business owners. B-roll video of the roadshow is available for download and use on-air and online here (attributable to IFA).
The International Franchise Association (IFA) today released the following statement urging a “no vote” in the U.S. Senate on the nomination of David Weil to serve as Administrator of the Department of Labor’s Wage and Hour Division.
The International Franchise Association (IFA) announces its support for the Employee Rights Act of 2022, which was introduced today in the U.S. Senate by U.S. Sen. Tim Scott (R-SC). The legislation serves to protect and provide stability to American workers and encourage small business ownership, including franchises.
At a hearing today before the U.S. Small Business Committee on Small Business and Entrepreneurship, Leanne Stapf, testifying on behalf of the International Franchise Association (IFA), highlighted the value of franchising and the ways the business model is helping lead the economic recovery. The hearing, “An Overview of the Industry, SBA’s Role, and Legislative Proposals,” covered the state of franchising and various proposals to that could be damaging to the franchise business model. Stapf is Chief Operating Officer of The Cleaning Authority and franchise owner of a location in Harrisburg, Pennsylvania.