DDIFO Accomplishments in 2008

1. Rhode Island Fair Dealership Act One of the more important DDIFO accomplishments in 2008 was to defeat the challenge by Dunkin Brands and the IFA to rescind the Rhode Island Fair Dealership Act. The Rhode Island Fair Dealership Act, initially passed into law in June 2007, protects franchisees from unfair practices by franchisors. Prior…

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Domino’s Doesn’t Back Down in Sandwich Skirmish

CEO Tosses Subway Cease-and-Desist Letter in Pizza Oven in Ad on ‘American Idol’ CHICAGO (AdAge.com) — The desire to burn harshly worded letters is nothing new, but Domino’s decided to do it on national TV on Wednesday in prime time during Fox’s “American Idol.” The pizza chain, which is fighting to gain a foothold in…

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In Lean Times, McDonald’s Only Gets Fatter

Sean Gregory writes at Time.com:  Let’s face it — there are lots of reasons to hate McDonald’s: calories, cholesterol and, competition, for me at least, that queasy feeling after munching on McNuggets. Then there’s always that kid at the drive-through who forgets the ketchup. Well, add one more reason to spite Ronald: as the global…

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Former Pres. Clinton to Address IFA Annual Gathering

Former President Bill Clinton will be the keynote speaker for the International Franchise Association’s 49th Annual Convention. Scheduled Feb. 14 to 17, 2009, at the Manchester Grand Hyatt in San Diego. Another convention highlight will be the release of IFA’s first Economic Forecast of Franchised Businesses by PricewaterhouseCoopers that will reflect the outlook of franchise…

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Restaurant Financing is a tough sell!

Tight credit markets and a weak economy have made financing a new restaurant a tough sell. It’s still possible to close a deal, though. Just be prepared to put up more of your own money. “Before the lending crisis began, you had people able to secure loans on the order of 90 percent of their development…

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Be Careful When Cost-Cutting

As the economic slowdown continues to affect industries of all kinds, many small-business owners have cost-cutting measures in mind. These are moments where cost cuts should be handled with caution. The 80/20 rule of thumb in business holds true during economic slowdowns; 80% of your income will usually come from 20% of the clients or…

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Small Businesses Cut Costs by Renegotiation

Small companies are finding that almost everything is renegotiable these days. The economic downturn is prompting business owners — by necessity or by opportunity — to re-examine contracts with suppliers, vendors or landlords and come up with creative deals. And in many cases, they are saving a substantial sum of money. “Most of us grew…

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Restaurants cozying up to coupon-clippers

Restaurant operators are taking a page from the makers of detergent and diapers, offering coupons to bring back consumers who’ve been cooking at home to conserve cash. Even veteran restaurant operators who have long derided the profit-eaters concede that in this environment, 75 percent of a sale beats no sale at all. “The numbers of…

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Wage discrimination bill passes in Senate

A wage discrimination bill that heralds the pro-labor policies of the Democratic-controlled Congress and White House cleared the Senate yesterday and could be on President Obama’s desk within days. The legislation reverses a 2007 Supreme Court ruling that narrowly defines the time period during which a worker can file a claim of wage discrimination, even…

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An early Obama test: unions vs. business

Scott Lehigh writes in Boston.com that: The early days of any new administration are carefully planned theater. What comes later is a better test of a new president’s skill, for that’s when he must start to navigate the jagged reefs that lurk just beneath the surface bonhomie. One issue that could soon test President Obama…

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