Effort to Amend PPP Provisions in CARES Act

Notwithstanding the above and other requirements of the Paycheck Protection Program, a serious effort is now underway in Washington to amend some of the provisions of the CARES Act. Specifically, the Coalition of Franchisee Associations (CFA) and other business allies in the Nation’s Capital are working to better educate Congress on the needs of the…

Read More »

Imitation is the Sincerest Form of Flattery

That famous quote by Oscar Wilde (“Imitation is the sincerest form of flattery that mediocrity can pay to greatness.”) seems to fit nicely when one reads the most recent SEC filings from Starbucks Corporation. Starbucks yesterday published an SEC note which was company CEO Kevin Johnson’s note to all Starbucks employees. In it, he essentially…

Read More »

Dunkin’ Doings

“Dunkin’ Runs Green!” could be the next catchphrase for the brand in light of its completing the difficult global transition it announced two years ago – switching its complete inventory from the iconic polystyrene foam cups to double-walled paper cups for all of its hot beverages. The new cups are certified to the Sustainable Forestry…

Read More »

California Plows Ahead With Minimum Wage Hike

As we have advised in the past, a provision in the California minimum wage law that former Governor Jerry Brown insisted upon allows for postponement of a mandated increase in the minimum wage during uncertain economic times. Hard to fathom but apparently the worst economic crisis since the Great Depression doesn’t meet that standard for…

Read More »

Starbucks

For the past few months, Starbucks has pointed to its experience in China – and more specifically in the city of Wuhan, where the coronavirus originated – as proof that it would come out of the pandemic quickly and in relatively good stead. Back at the end of March, CEO Kevin Johnson pointed to the…

Read More »

EIDL Funding Restricted

As more business interests look to survive the unprecedented challenges of the coronavirus pandemic, funds for government assistance and business loan programs have rapidly been stretched to their limits. Just this week, the SBA dramatically restricted access and financing limits when it reopened the Economic Injury Disaster Loan program (EIDL). The program, which previously offered…

Read More »

Webinar on Reopening Today at Noon

The Coalition of Franchisee Associations (CFA) is sponsoring another “don’t-miss” webinar today, May 8 from 12:00 Noon to 1:00 PM. Attorney Robert Bernstein, a partner with the Laner Muchin Law Firm out of Chicago will be presenting: Reopening Your Business: A Legal Guide for Franchisees. As COVID-19 restrictions on businesses begin to ease in a…

Read More »

Congress Eyes Next Round of Relief

Notwithstanding the partisan divide that continues in the Nation’s Capital, Congress is looking at possibly passing another multi-billion to trillion dollar economic relief package when the House returns to DC next week. Republicans and Democrats are divided over what to include, but they have each been floating different ideas that we want to keep watch…

Read More »

California Crisis

Notwithstanding the challenges that the coronavirus pandemic has presented across the nation’s economy – from workers to small business owners to corporate executives, there are those – many of whom are in elected office – who just “can’t let a good crisis go to waste”! To that end, a proposal pending in the California Assembly…

Read More »

Starbucks Earnings

Starbucks also held an earnings call this week during which the company reported that global comparable sales fell a full 10 percent during the second fiscal quarter that ended March 29, while their average ticket was up 4% and a total net of 255 new stores opened globally. Here in the US, the COVID-19 crisis…

Read More »