Economic Trends

The Employment Policies Institute (EPI) recently released a new report revealing that a majority of economists across the country are against raising the federal minimum wage to $15 an hour. The report surveyed some 160 economists with a full 75 percent believing that the change would have a negative effect on youth employment levels while…

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Something Bigger Than Ourselves

We often highlight events and offerings from the Coalition of Franchisee Associations (CFA) in Small Regular No Sugar!, and regularly urge our members to support their efforts through donations to the CFA PAC, lobbying your representatives in Washington or attending other CFA events at the national level. At the same time, it is likely that…

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The Labor Shortage Continues

As we await the formal regulations and full implementation of President Biden’s vaccine mandate, the challenge it will likely present to employers around the country is already becoming painfully obvious. In a survey released recently by the Society for Human Resource Management (SHRM), a full 89 percent of affected businesses believe a number of their…

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New York Launching Grant Program

As the SBA’s Paycheck Protection Program and Restaurant Revitalization Funds expire or run out of funds, New York will begin accepting applications on June 10 for what the state is calling the Small Business Recovery Grant Program. The grant program, proceeds from which must go to reimbursable pandemic related expenses incurred between March 1, 2020…

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Upcoming CFA Legislative Impact Survey

Speaking of the COVID relief bill and the myriad issues legislators are looking to include, the Coalition of Franchisee Associations – chaired by Dunkin’ franchise owner John Motta – has developed a 19-question legislative impact survey that we will be sending out this weekend. It is imperative that as many franchisees as possible complete the…

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Miscellaneous

Notwithstanding the spike in coronavirus infections that we’re seeing across the country over the past few weeks, optimism rose 12 points among small business owners for the fourth quarter of 2020 according to new polling from the Wells Fargo/Gallup Small Business Survey. The 4th quarter score of 72 is up 12 points from the prior…

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With COVID Spikes, Restrictions Multiply

As we head into the Thanksgiving holiday, coronavirus-driven business shutdowns and closures are not only becoming more widespread, but much more extreme, as well! Notwithstanding a better than 99.5% survival rate along with the imminent approval of a couple of potentially highly effective vaccines, governors across the country are ordering curfews, business closings and behavioral…

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Florida Voters Want More Help for Small Business

It might seem like nothing more than political rhetoric when it is spewed by Washington politicians, but helping small business cope with the fallout from the coronavirus is in the forefront of the voter’s mind according to the latest survey by Goldman Sachs. The financial giant released a survey of Florida voters earlier this month…

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Miscellaneous

We’re aware of a number of upcoming events you may want to put on your calendar for the early part of November. No doubt overshadowed by the Presidential election on November 3, the US Small Business Administration (SBA) will be celebrating veteran owned businesses across the country with the National Veterans Small Business Week from…

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EIDL Funding Restricted

As more business interests look to survive the unprecedented challenges of the coronavirus pandemic, funds for government assistance and business loan programs have rapidly been stretched to their limits. Just this week, the SBA dramatically restricted access and financing limits when it reopened the Economic Injury Disaster Loan program (EIDL). The program, which previously offered…

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