Administration Issues New Health Care Guidance for Employers

Last Friday, the U.S. Departments of Treasury, Labor, and Health and Human Services released new guidance on the regulatory implementation of the Patient Protection and Affordable Care Act (ACA), providing additional information for franchise small b
Legal

Overreaching State Taxes Pose Threat to Franchise Model

As states scramble to increase revenue in the economic downturn, many are turning towards ambiguous bits of tax code to increase their coffers.  Of particular concern to the franchise industry are recent attempts to assess corporate income tax on businesses that operate in a state but don’t have a physical presence or employ anyone there. 
Government Relations

Millennial Consumer Buying Power Exceeds Previous Generations

A recent conversation with Jeff Fromm, who is executive vice president at Barkley, centered on some interesting buyer dynamics. About 80 million consumers make up the Millennial generation: one of the wealthiest generations ever, spending an estimated $200 billion annually.
Marketing

A picture worth 2 million likes

What began as a small gesture by a waitress at a Texas based Bennigan’s, has now grown into a national campaign to honor members of the military.  A picture of a pint of beer left by a Navy veteran to honor one of his own was posted to facebook by waitress Hannah Hobbs who “couldn’t pour it out without having everyone know about it.” 
Veterans

NY Times highlights successful multi-unit franchisees

Several IFA board members and successful multi-unit franchisees were featured in a New York Times story May 19 about investing in a franchise, including Doc Cohen, president and chief executive of Cookie Associates, David Barr, a multi-unit KFC franchisee, and Aslam Kahn, the largest Church’s Chicken franchisee in the nation.
Finance

Prudent Planning Helps to Minimize State Tax Liabilities

Franchisors can and should challenge unreasonable nexus assertions by state revenue agencies when the state’s position is unwarranted.  The changing state tax landscape, however, may force franchisors to deal with complex income apportionment and allocation provisions in multiple jurisdictions. 
Finance