Random Thought

Against the backdrop of anti-business rules and regulations, doesn’t government realize the more restrictions and shackles it places on small business, the more it hurts our economy?  If we delivered our message and did so in unity as one, the powers that be in government would take note.  By way of illustration, in Massachusetts, Walmart…

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Cuomo Wants Tax Incentives for Business

In what must be one of the more glaring cases of dual political personality, New York Governor Andrew Cuomo this week made quite the splash as he advocated for tax incentives to help attract businesses to New York.  Cuomo made the comments at a new solar panel factory in Buffalo,  that was lured to the…

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How’s That Minimum Wage Working?

In large measure, this push for the $15 minimum wage (orchestrated by SEIU and others in organized labor, began in earnest in Seattle, WA as the city adopted the $15/hour rate back in the spring of 2014, phasing it in over a three year period for those businesses (and franchises) with more than 500 employees…

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SBA 7(a) Program Open$ Again

After Congress moved quickly to unanimously increase funding for the popular SBA 7(a) loan program for small business, President Obama wasted little time as well in signing the funding bill into law – even doing so, for only the 6th time in his presidency via autopen since he is out of the country travelling.  The…

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Watch Out What You Ask For . . .

Bringing the old adage to life, the city of Portland Maine is now wondering how to fix the minimum wage debacle they unleashed just one week earlier when the city council voted to enact an ill-advised and poorly written ordinance to create a minimum wage in excess of the state minimum.  Portland passed an ordinance…

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Dunkin’  Q2 Earnings

John Gordon, DDIFO restaurant analyst, reported on yesterday’s Dunkin’ Q2 earnings call and advised that Dunkin’ US was in at least fair shape, with reported comps of +2.9%, and transactions were said to be +.6%, with which they were “satisfied”. The SSS KCup cannibalization was said to be .6%, due to the CPG rollout. There…

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Miscellaneous

The bad news just keeps on coming for McDonald’s as their quarterly franchisee survey was released last week and it pegged franchise owner confidence at the lowest level since the survey began 12 years ago.  Surveyed owners reported same store sales in June were down 2.3 percent and projected a decline in July of an…

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NRF Report Projects Major Costs from New Overtime Rules

The National  Retail Federation released a new report just over a week ago that predicts that new overtime regulations being proposed by the Obama administration will result in significant increases in costs to businesses across the country, but will have the greatest impact on the retail industry.  The NRF report, conducted by Oxford Economics, found…

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Perez Wants Minimum Wage Hike And Then Some

Department of Labor Secretary Tom Perez made headlines over the past week on two different occasions and with two different issues.  First, he joined activists, elected officials and others to endorse legislation that was newly introduced by Washington Senator Patty Murray and Virginia Congressman Bobby Scott.  The so-called “Raise the Wage Act” would increase the…

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California Fair Franchising Clears First Hurdle

AB 525, the California Franchise Relations Act which was vetoed last year by Governor Brown, was heard before the Assembly’s Committee on Judiciary and passed favorably on to the Committee on Business and Professions.  The bill still has a long way to go, but it was refined from last year’s version to address concerns the…

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