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Log In / Register | Feb 9, 2016

International Franchise Association CEO Caldeira Leaves

WASHINGTON – The International Franchise Association is missing a chief executive officer. The trade group announced Wednesday that its now ex-CEO Steve Caldeira has resigned.

CFA and IFA Work Together to Advance Fair Franchising Legislation

The Coalition of Franchisee Associations (CFA) is proud to announce that due to its collaborative efforts with the International Franchise Association (IFA), California AB525 passed unanimously out of the California Senate Judiciary Committee on Monday night.

FTC Smacks The Entrepreneur’s Source over Buyer Deception

Terry Powell, founder of The Entrepreneur's Source talks about smart investing
Founder Terry Powell talks about franchise buying on YouTube

WASHINGTON, D.C. – While franchise brokerage/consultant firm The Entrepreneur's Source (TES) promotes its image as "helping people improve their lives," the Federal Trade Commission (FTC) found otherwise after launching an investigation into the firm's business practices regarding privacy and security.

U.S. Workers Rally Troops Globally for $15 Wage

NEW YORK - A group of McDonald's restaurant employees from New York, Chicago and Los Angeles are on a mission to eight countries to enlist fast-food workers, unions and elected officials in support of the global movement for higher pay and union rights.

IFA Releases Progress Report on VetFran Program

U.S. Department of Defense
Future veteran U.S. Navy Aviation Structural Mechanic 3rd Class Donald Taylor inspects a brake line on his tablet. Photo: Dept of Defense

The International Franchise Association released its 2014 Veterans in Franchising progress report for this Veterans Day. After launching its Operation Enduring Opportunity (OEO) program in January 2011, as part of its VetFran Program, the organization set the lofty goal of 80,000 veterans by 2014.

States Offer Equity Protection, Regardless of “No-Equity Contracts” that Bryant Uses

At the last the New England Franchise Association meeting, Tim Bryant of Preti Flaherty stated that franchisee equity was not part of the franchise deal.

U.S. Franchise Unit Turnover Rate Is 122 Percent

A shuttered Cold Stone Creamery franchise
A shuttered Cold Stone Creamery franchise. Photo/bmm

WASHINGTON – New research shows that the turnover rate for franchise outlets in the United States over the last four years from the beginning of 2010 to the end of 2013 is 122 percent, with more leaving than opening. The good news for the industry is that franchise outlets have grown at a pace just shy of one percent a year since 2010, according to disclosure filings.

California’s Governor Brown Vetoes Franchisee Bill

SACRAMENTO – Governor Jerry Brown announced Monday afternoon that he has vetoed Senate Bill 610. The bill updated the California Franchise Relations Act so that the implied covenant of good faith and fair dealing as stipulated in California law could not be waived in a franchise contract and a franchise could not be frivolously terminated unless there was a "substantial and material breach" of the franchise contract.

BrightStar Hides Litigation with Convicted Felon Franchisee

Elderly man walks with aid down boardwalk
A man walks alone down a boardwalk with the aid of a walker. BrightStar franchisees take care of the sick & elderly. Photo: MTSOfan

GURNEE, Illinois – While juggling various lawsuits brought by franchisees against the company and its owner, BrightStar executives and legal counsel have bucked the law by not disclosing litigation between franchisor against franchisee in its franchise disclosure documents (FDD).