Dunkin’ Northeast Drivers Postpone Strike

Nation’s Restaurant News reports that the union representing drivers and delivery staff for Dunkin’ Donuts’ largest distributor in New England has postponed plans to strike after making progress in contract negotiations, parent company Dunkin’ Brands Inc. said Tuesday.

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7-Eleven Franchisees Descend On Hill To Battle Credit Card Swipe Fees

Ryan Grim writes at the Huffington Post that Navdeep Bassi is tired of sending money to Wall Street for nothing. Over the past year, the owner of four 7-Elevens in Orange County, California, has been haranguing his customers about the swipe fees he is forced to pay big banks and major credit card companies, asking them to sign a petition in opposition to the fees.

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Tell Congress to Preserve the Durbin “Swipe Fees” Fix

In a major victory for retailers, last month the U.S. Senate took action that will greatly reduce the excessive “swipe fees” you pay on debit card transactions. This critical amendment to the Financial Regulatory Reform package was not included in the legislation passed earlier by the U.S. House of Representatives. It is critically important that you contact your member of Congress and ask that they support fixing “swipe fees” in the U.S. House of Representatives!

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Pieces of the Puzzle: A Guide to Successful Asset Protection

It’s estimated that 70% of family businesses in the U.S. fail after ownership is transferred from one generation to the next. Historically, Dunkin’ Donuts has attracted operators whose aim is always to pass the business down to their children—and beyond. The challenge of completing that transfer successfully and protecting the family’s assets is complicated by the language written into the Dunkin’ Donuts Franchise Agreement. DDIFO Members read more…

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Cost Segregation Makes Sense for Remodels

Due to the state of the economy in 2009, Dunkin’ Brands gave franchise owners a pass on their 10-year remodel obligations, but now franchise owners who were due to remodel last year or are due this year, by and large, will have to bite the bullet. So, in a still struggling economy, where can you turn for help with remodeling expenses? Cost Segregation is one answer. DDIFO members read more…..

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Can a VAT Tax Solve the Nation’s Fiscal Problems?

Unlike a retail sales tax, which is paid by consumers at the register in a single transaction, a VAT tax is collected bit by bit along the path of production. Consider a bagel. A VAT tax would be applied to each transaction starting with the farmer’s purchase of seed and fertilizer to grow wheat. Assuming a 10 percent VAT, if a farmer bought $500 of seed he would have to pay $50 in tax. When he then sells his wheat to a miller for $3,000, he would collect $300 in tax from the miller, take a $50 tax credit for the tax he already paid, and send $250 to Uncle Sam. If the miller then sells $7,000 in flour to a bagel maker, he will collect $7,700 ($700 in VAT), deduct the $300 he already paid in taxes, and submit $400 to the government.

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Retailers Poised for Victory in Debit Card Fee Fight

CNN Money reports that retailers are poised for a major victory in the Wall Street reform bill currently pending in Congress. The Senate adopted an amendment late Thursday that will slap sharp restrictions on the fees issuers levy every time a buyer pays with a debit card. Take Action and tell your congressman and Senator to put a stop to high credit card interchange fees.

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Employment Law Updates

This Employment Law Update was furnished by Masterman, Culbert & Tully LLP, One Lewis Wharf, Boston 02110, (617) 722-8100, www.mctlaw.com and addresses a range of issues from statutory amendments to recent cases to help keep you informed of relevant changes in the employment law field and to assist you in managing your workforce. DDIFO Members read more….

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Concern grows over Arizona immigration law

Nation’s Restaurant News reports thet Arizona’s strict anti-illegal immigration legislation that was signed into law last month has provoked a growing number of boycotts and concerns among hospitality operators in the state.

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