Competitor News

Earlier this month, Starbucks reported that its US comp sales late in the month of March were down between 60 – 70% while only 44% of their US locations were still operating. Notwithstanding, the company announced that it was seeding the creation of the Global Partner Emergency Relief Program with $10 million to help workers…

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New York Adopts Its Own Paid Leave

Notwithstanding the adoption of the FFCRA and its expanded paid leave for all employees across the country, the New York state legislature passed its own permanent paid leave benefits for all employees in the Empire State. Just a few weeks after passing a COVID-19 specific paid leave law, legislators approved a state budget that also…

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Coronavirus and its Impact on Employers

In response to the recent coronavirus outbreak, employers everywhere are striving to limit the risk of exposure in the workplace. That means implementing workplace precautions, ensuring that sick leave policies and practices are effectively communicated to employees and familiarizing yourself with state and federal laws. On January 30, 2020, the World Health Organization declared the…

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From the Executive Director: Striking Out Cheaters

Before the coronavirus worsened and jeopardized the 2020 baseball season, there was much discussion about the Houston Astros and the sign-stealing scandal that may have fueled their 2017 World Series Championship. Since the scandal broke, a number of people have lost their jobs, including the Astros manager and general manager, as well as the manager…

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Looking Back While Moving Forward!

Every two months, the staff at DDIFO convenes an editorial meeting to decide the theme, focus and content of the next issue of Independent Joe. As we contemplate and discuss various possibilities, we do so with one eye on the timeliness of the potential subject matter. Our discussions are always geared toward which subjects could…

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Senate OKs “CARES” Act, House Votes Today

The US Senate yesterday finally passed the $2 trillion “Coronavirus Aid, Relief and Economic Security Act” (CARES Act) by a rare bipartisan and unanimous vote, but the unprecedented stimulus bill faces some challenges in the US House. House Speaker Nancy Pelosi originally had hoped to pass the legislation by unanimous consent (avoiding recalling the House…

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COVID-19 Webinars

Join the Coalition of Franchisee Associations (CFA) and the International Franchise Association (IFA) at 11:45 a.m. ET this morning for a webinar providing a more detailed look at the Paid Leave requirements of the Families First Coronavirus Relief Act, signed into law by the President last week along with some of the provisions pending in…

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State Loan Programs

Aside from the loan and other financial components contained in the pending federal CARES Act, a number of states and cities are also looking to create and fund business loan programs to help get the economy back on track. Toward that end, 10 days ago the Florida Small Business Emergency Bridge Loan program was launched…

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Municipal Loan Recovery Programs

In addition to CARES Act funds and state loan programs, a number of municipalities around the country have also launched recovery loan fund programs of some sort. The City of Chicago topped the nation in funding when Mayor Lori Lightfoot announced the creation of the $100 million Chicago Small Business Resiliency Loan Fund recently. The…

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Communicating on COVID-19

With information on the COVID-19 crisis changing on an almost constant basis, DDIFO is committed to bringing you as much valuable information and insight as possible to help you and your business through these unprecedented challenging times. At the same time, we know you’re getting emails and updates from a host of other sources and…

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