U.S. Small Business Funding Dry, Getting Drier

Nick Zieminski of Reuters writes in the Insurance Journal that U.S. small businesses, already facing the toughest credit conditions since the 1980s, may soon find things are about to get tougher. Concerns over the future of CIT Corp. — a major lender to small businesses — which provides capital in situations where many commercial banks fear to tread, makes small business advocates wary about the next few months.

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Taking Coupons into the Digital Era

Chris O’Malley of the Indianapolis Business Journal writes that somewhere out there, a pimply teen-ager is texting away on her phone and working up an appetite for a Brownie Batter Blizzard. Clever technology deployed by Carmel-based Tetherball LLC helps her find what she wants.

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IFA Urges Government to Help Lender CIT

The International Franchise Association urged the federal government on Tuesday to help keep CIT Group Inc., one of the largest small business lenders, solvent during its current liquidity crisis. Watch Fox Business Video of interview with Matthew Shay, IFA President.

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NRA Hires Caldeira as Consultant

The National Restaurant Association said it has hired veteran communications executive Steve Caldeira as a consultant to help build and maintain relationships with the manufacturer and distributor communities.

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CIT Will Not Receive Further Gov’t Assistance

ABC News reports that Small Business Lender Says It’s Looking at Alternatives to Federal Government Help. Dunkin’ Donuts and Dillard’s department stores are two of CIT’s major clients who were anxiously awaiting news on the company’s fate Wednesday.

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AAFD Chair: Why Join Franchisee Associations?

Mr. Robert Purvin, chair of the American Association of Franchisees and Dealers, sits down with Blue MauMau to discuss the importance of franchise owners to band together to form an independent franchisee association to act on their behalf.

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Rewarding Exceptional Service is Upheld in California

Over the years, tipping became as much of a ritual as a steaming cup of morning coffee. But, today new laws aimed at protecting wait staff in restaurants and bars threaten that practice. Read an opinion piece by DDIFO Communications Director, Matt Ellis.

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Associate Member Spotlight: TD Banknorth

Paul Lavallee, Vice President of the Commercial Lending Division in Worcester for TD Banknorth, has joined DDIFO Associaite Member program and is thrilled to bring TD Banknorth’s valuable products and services to the DD franchise community. Lavallee serves as the contact point person for DD franchise owners.

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