Today's news for the franchise & small biz owner

Log In / Register | May 22, 2013

Will Sequester Cuts Affect Your Industry?

WASHINGTON — On Sunday's television news interviews, Republican leaders said that they would not relent on the sequestration of across the board automatic cuts that kicked in on March 1 as Congress remained deadlocked on budget cut decisions.

NADA: Economic Momentum Grows in 2013

Chief economist of the National Automobile Dealers Association Paul Taylor foresees sales momentum for new cars and lights trucks to grow more in 2013.

Retailers Report Strong January Sales Despite Payroll Tax Rise

NEW YORK — In further evidence that the economy's private sector is gaining steam, U.S. chain-store retailers sizzled in January, posting a gain of 4.5% compared to last year.

Sports Team Franchises To See Strong Growth; Fast Food Not So Much

Growth in professional sports franchises & key related industries

SANTA MONICA, Calif. —If you want to own a franchise, research shows that the boats rise a little faster for sports team owners. If you can afford one, professional sports team franchises will be one of the strongest growing sectors compared to other sectors tied to sports.

What Do Prices Know That You Don't?

Mike Munger asks that question in a great little video. He's a Duke professor; the school has made good progress since I was there.

Hotels Await Impact of Storm on Profits

Image of Super Storm Sandy by NOAA as it hits Eastern Seaboard
NOAA image of Superstorm Sandy, after hitting Eastern Seaboard

Superstorm Sandy looks likely to push down quarterly profits for national hotel chains and the travel industry. Sandy, which accounts for at least 56 storm deaths in the Eastern Seaboard as of Thursday morning, crippled much of the coastal areas of New Jersey and New York.

Vice Presidential Debate Discusses Small Business

Vice Presidential Debate 2012 at Centre College, photo by Blue MauMau

DANVILLE, Ky. — Vice President Joe Biden and Republican candidate Paul Ryan (R-Wis) contested in a vice presidential debate at Centre College at Danville, Kentucky Thursday night. In the debate moderated by ABC News' Martha Raddatz, small business tax policy became a point of disagreement.

Are You Better Off Now than 4 Years Ago?

Hotel owners, are you better off now than you were four years ago? Consider these news bits:

Two Men Boldly Measures Franchisee Profits

Wichita franchisee Garrett Peterman (front) at work. Photo/Two Men

LANSING, Mich. — Randy Shacka takes time to talk with Blue MauMau about an extraordinary area where his company stands out. Franchisor Two Men and a Truck measures performance not only of its own franchising company, but also almost everything at the franchise level, including their bottom line. That puts his firm in a rarified area that few franchising firms can emulate.

Taxes and the Deficit

Normally, this column is supposed to cover the tax changes over the prior year and how they impact the hospitality industry.