My Perspective: Summer Help

Mother Nature played some cruel tricks on us this spring and, for a time, some fellow NJ franchisees and I wanted to drive out to Punxsutawney PA and have a “discussion” with that groundhog Phil. Nevertheless, the warm weather is upon us, schools are letting out for summer and kids are out in force looking…

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Exchange Authority (EA)

Exchange Authority (EA) is a wholly owned subsidiary of Fidelity Bank and is managed by a team of experts with extensive industry experience. EA has been providing 1031 exchange services to Dunkin’ Donuts franchise owners nationwide since 2009. A 1031 exchange (also called a like-kind exchange) is a powerful tool for deferring capital gains taxes…

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The NBA’s Game: Termination of Franchise Rights and Forced Sale of the Team

The National Basketball Association recently fined Los Angeles Clippers owner Donald Sterling $2.5 million dollars and suspended him for life from League activity. This arose from racist remarks Sterling allegedly made in a private taped conversation between him and his girlfriend. The League has taken the extreme step of appointing an interim CEO for the…

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2014 National Conference In Las Vegas

Mark your calendars now for DDIFO’s 25th Anniversary National Conference this year to be held at the beautiful Rio Hotel in Las Vegas.  The Conference will begin on Monday, October 20 and conclude on Wednesday, October 22.  We plan to capture the strength of DDIFO in this our 25th anniversary year and sponsor what will…

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Seattle’s $15/Hour Minimum Creates Buzz

Seattle’s adoption of a $15/hour minimum wage has generated plenty of news buzz and reaction from a host of areas.  As we reported last week, the International Franchise Association (IFA) filed a lawsuit challenging the constitutionality of the law under both state and federal constitutions for violating a slew of constitutional provisions.  Media coverage of…

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Chicago And Others Considering $15/Hour Ordinance

Last week, we reported that elected officials in the “City by the Bay” had reached agreement on an effort to put a $15/hour minimum wage proposal before San Francisco voters as a ballot referendum this coming fall.  Now, the issue has been raised for consideration in Chicago as just a few weeks back, several Alderman…

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On The Positive Side Of The Minimum Wage Ledger

As discouraging from the small business perspective as minimum wage news from around the country has been over the last several months, there actually is some good news, albeit limited in scope and reach.  Nonetheless, a few months ago, organized labor and some of their supporters in lower wage positions pushed the city leadership in…

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California Hearing On SB 610

Earlier this month, the California Fair Franchising bill (SB 610) was amended and recommitted to the Business, Professions and Consumer Protection Committee in the Assembly.  A new hearing has been scheduled on the bill next Tuesday, June 24.  It is crucial that all California-based franchisees express their strong support to the committee.  SB 601 would…

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House Votes to Extend Section 179 Expensing

The US House last week by a vote of 272 – 144 approved the reinstatement of Section 179 expensing, one of the important tax extenders that was allowed to expire at the end of 2013.  When Section 179 expensing expired, the limit for taxpayers dropped from $500,000 to $25,000 per year – the House’s action…

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Suit Filed Against Vermont GMO Labelling Law

As expected, the Grocers Manufacturers Association (GMA), along with a host of other food industry plaintiffs, filed a lawsuit last week in Burlington, Vermont challenging the legality of the new GMO labelling law and asking the federal court to enjoin implementation of the law.  The GMA, joined in the challenge by the Snack Food Association,…

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