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The Economy

The new presidential administration wasted no time jumping in, even before Inauguration Day. A steady stream of potential cabinet appointees was ushered in and out of Trump Tower in New York City, accompanied by the most intense media scrutiny we can recall for an incoming administration in recent memory.
  • Carol Schleif
  • 76
Franchisees and investors say the economy is trending up and that regulatory relief and tax reform could provide further benefit for business operators.
  • Multi-Unit Franchisee
  • 1,790
Report finds franchise brands disclosing financial information more than ever, providing greater transparency and greater access to capital from lenders.
  • Multi-Unit Franchisee
  • 1,920
Will 2018 be a year for optimism, pessimism, or anxiety? Every year has its opportunities and challenges.
  • Darrell Johnson
  • 1,953
One of the economic truths for the U.S. economy is that we have recessions, and the next one is coming. Maybe not in the next month or even the next year, but it is coming.
  • By Darrell Johnson
  • 10,033
"If you always do what you've always done..." You know the ending to this old saw, and when it comes to your company's financial results it is absolutely true.
  • By Rod Bristol
  • 12,612
The recent U.S. election cycle, more than any other in recent memory, tapped into deep angst within both major parties and the electorate at large.
  • By Carol M. Schleif
  • 24,977
The chip card (EMV) deadline passed in October 2015. Yet according to industry accounts, fewer than 50 percent of retail and restaurant outlets were set up by the end of December 2016 to accept cards this way.
  • By Tom Epstein
  • 30,901
Uncertainty is the bane of business. Although the regulatory environment of the past few years seemed bent on attacking the franchise business model, the early drama and politics of the incoming administration seem to be creating a new kind of uncertainty.
  • By Eddy Goldberg
  • 28,523
Politics, federal law, and franchisee assets. There are several significant steps that can be taken to help reduce estate taxes.
  • By Hugh Roberts
  • 25,774
Multi-unit franchisees talk about the ramifications of employee pay as the DOL's Overtime Rule remains in limbo.
  • Multi-Unit Franchisee
  • 13,809
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Franchisees take action by speaking out at a public hearing when a proposed IRS rule threatens the valuation of interests in closely held businesses.
  • By Eddy Goldberg
  • 17,557
In the wake of a vote to exit the European Union, U.K. citizens made it clear shot that "status quo" was no longer acceptable.
  • By Carol Schleif
  • 14,708
Unit-level economics (ULE) is the latest fancy phrase for the fundamental concept of franchisee profitability. The old-school franchise concept of caring only about a monthly sales report and a royalty check and, if the franchisee was not profitable, reselling the territory in 18 months is dead.
  • By Rod Bristol
  • 17,004
Minimum wage increases will be ringing in the New Year in states across the country. The Service Employees International Union (SEIU) continues to push for greater increases in minimum wage. Wage increases will not only affect employees but also business owners and consumers.
  • Multi-Unit Franchisee
  • 16,320
An Analysis of Franchise Systems over a 6-Year Period Indicated that Systems with Item 19 Disclosures Achieved Significant Growth While Others Declined.
  • Multi-Unit Franchisee
  • 13,479
Private equity can provide a great growth or exit strategy for your franchise operation, but it is critical to consider and understand the rules of engagement. Make sure you know how to form the appropriate partnership with respect to your goals, and understand what you get and what you give up.
  • By Champ Rawls
  • 15,121
After decades of seemingly inviolable correlations, shifts in markets, demographics, interest rates, and politics suggest that change may be in the offing.
  • By Carol M. Schleif
  • 23,224
If your business is on a calendar year, you've finished your first-quarter operations. Hopefully, your accountant or bookkeeper gave you your financial reports by April 15--both an income statement and a balance sheet--and you spent time reviewing them.
  • By Rod Bristol
  • 16,103
If you are in a scenario where your business is doing great but you have little or no liquidity, make it a priority to free up cash.
  • By Champ Rawls
  • 11,792
Department Of Labor Overtime Rule Ignores Concerns of Franchised Businesses and Will Also Effectively Demote Thousands of Working Americans.
  • Multi-Unit Franchisee
  • 9,330
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Seattle Franchisees and IFA Say They Will Continue Battle Despite the Supreme Court's Refusal to Hear Case Over City's Minimum Wage Law.
  • Multi-Unit Franchisee
  • 10,381
As we saw in graphic detail this past August-October, interim market swings in both directions can be violent. Major markets around the globe experienced their first correction in more than half a decade, only to make it all back up and then some within a couple of weeks.
  • By Carol M. Schleif
  • 9,335
New Census Bureau data finds franchise businesses accounted for 560,086 establishments and 10.8 million jobs in 2012.
  • Multi-Unit Franchisee
  • 5,372
IFA Appeal Seattle's Minimum Wage Law All The Way To Supreme Court.
  • Multi-Unit Franchisee
  • 4,609
As we enter summer each year, businesses with a seasonal sales cycle can change significantly. If you are lucky, this is your busy season with expanded revenue and, hopefully, expanded profits and cash flow.
  • By Steve LeFever and Rod Bristol
  • 5,173
There are many misconceptions about how to go about valuing your business. In general, most business owners have a value in their mind that is usually several times more than the actual value a sophisticated, competent buyer ultimately pays.
  • By Rod Bristol
  • 7,554
IFA says "political theater" SEIU protests over per hour wages put the future of jobs and businesses in jeopardy.
  • Multi-Unit Franchisee
  • 4,518
Two new reports show steady progress for franchise industry, NLRB remains top concern for franchise business owners.
  • Multi-Unit Franchisee
  • 6,683
Throughout my career I have observed that a strong alignment of interests between two business parties usually leads to good outcomes for both.
  • By Darrell Johnson
  • 5,572
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