Franchisors and franchisees alike need to stay on top of recent changes that could affect their bottom line — namely, receiving Employee Retention Credits (ERC), aka COVID credit.

Creating Strategies that Help Franchisees Get Funded on Their Terms

A Suite of Solutions to Manage Your Assets

The International Franchise Association is a strong supporter of the Employee Retention Tax Credit, a lesser-known liquidity tool that is important for many sectors of the economy affected by the COVID-19 pandemic. In 2020, IFA spearheaded coalition efforts to gain broad-based support from businesses of all sizes and all affected sectors in support of the program, culminating in a letter to the U.S. Congress with support from over 130 associations.

​​​​​​​As we enter the final few months of 2020, a year marked with economic challenges and uncertainty due to the COVID-19 pandemic, several important deadlines are approaching as the calendar flips from 2020 to 2021.

For franchises and other businesses, it's time to dust off your "reduce the risk" hat for a while because insurance rates across the board are going to go up in price.