The ranking minority member on the U.S. Senate Small Business Committee, Senator Catherine Cortez Masto (D-NV) filed legislation last week to protect entrepreneurs who are considering purchasing a franchise. The SBA Franchise Loan Transparency Act of 2019 (SB 2383) would require that before a lender could make a government-backed loan to a franchise, the franchisee…
Read More »The U.S. Senate Banking, Housing and Urban Affairs Subcommittee on Economic Policy, chaired by Arkansas Senator Tom Cotton, held a public hearing this week on the matter: “Economic Mobility: Is the American Dream in Crisis?” One of the five individuals invited to testify was Subway franchisee and former Coalition of Franchisee Associations Chairman Keith Miller.…
Read More »As we’ve reported to you in the past, the Federal Trade Commission (FTC) is seeking public comment on whether to make changes to the Franchise Rule as part of its systematic review of all FTC rules. The public comment period is currently open through May 13, 2019 so please get your comments in soon. Recall…
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