The Coalition of Franchisee Associations (CFA), of which DDIFO is a founding member, has been working hard over the past several years to get Congress to stop the proliferation of so-called drive-by lawsuits. Well, its hard work is finally starting to show some results as this week the Senate Committee on the Judiciary held a…
Speaking of the work of the CFA, they sent out a summary recently of the key provisions contained in the House Tax Reform proposal, The Tax Cut and Jobs Act. Currently being marked up in the House Ways & Means Committee, the legislation provides for a reduction in tax brackets from 7 to 4 with…
Secretary of Labor Alex Acosta has announced the members of the new Apprenticeship Task Force and franchisees should be proud of their participation in Coalition of Franchisee Associations among others. The CFA was instrumental in guiding task force appointments that would best represent the interests of small business man and woman. With CFA input, we…
The Coalition of Franchisee Associations, of which DDIFO is a founding member, commended the North American Securities Administrators Association (NSAAA) for the seven new sections it added to Item 19 of the Franchise Disclosure Document to further help guide regulators and protect investors from false or misleading Financial Performance Recommendations. The changes should help small…
T he Coalition of Franchisee Associations (CFA) recently held its quarterly board meeting in Boston, and while some of the more compelling issues of interest to franchisees (the repeal and replacement of Obamacare and tax reform) remain mired in political struggles, there was much insight to be gained on an assortment of topics impacting franchise owners.…
There’s that old saying that the wheels of government turn slowly, and they may even be stopped altogether in many instances, but, the reality is that the federal government is moving favorably for small business on a number of issues. The Department of Labor is moving forward on several fronts that you will want to…
There’s only a few days left to register for the CFA Webinar entitled: “Franchisors New Financial Performance Requirements: What You Need to Know” being held next Wednesday, July 26 from 11AM – 12 Noon ET. On May 8, 2017, North American Securities Administrators Association (NASAA) voted to adopt a Financial Performance Representation Commentary for franchises.…
A few months back, the North American Securities Administration (NASAA) added some requirements on the part of franchisors making certain Item 19 Financial Performance Representations. As a result, effective May 8th of this year, franchisors are required to made those representations more transparent and less susceptible to manipulation. To keep you aware of these important…
Perhaps the lightening rod of all NLRB decisions during the tenure of General Counsel Griffin was the Board’s rewriting of the definition of joint employer. As the Browning-Ferris decision reverberated through business circles, the NLRB upped the ante when they began liberally applying their new standard to an array of industries and companies (McDonald’s, DirectTV,…
When talking about legislation at the federal, state or local level, victories can be fleeting and the old adage about not counting your chickens until they hatch comes into play. Such is the case currently with the Financial CHOICE Act of 2017 in the US House of Representatives. On Wednesday evening, House Republican leadership agreed to…