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IFA Appoints Cresanti CEO & President

Robert Cresanti. Photo: IFA website

WASHINGTON—The International Franchise Association announced today that it has promoted Robert Cresanti to be its president and CEO.

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.

Buying a Franchise is Riskier than Ever

risk, high wire walk in owning a franchise

Critics, including this journal, say that buying a franchise is riskier than ever, that the reality of the franchise system is often purposefully and skillfully hidden and that it is easier to fail nowadays once you plunge in.

California Senate Sends Fair Franchising Bill to Gov. Brown

Sacramento dome from the inside
Inside view of Sacramento capitol dome. photo/KatieCarr

SACRAMENTO—The California state senate voted 23 - 9 late Thursday in favor of SB 610, a bill that strengthens franchisor good faith relations with franchisees. It is now ready for Governor Jerry Brown's signature to become law.

Fitch Says Labor Board Ruling Won’t Impact Franchising

NEW YORK – Fitch Ratings, one of the big three credit rating agencies, has issued a statement that it does not anticipate that the National Labor Relations Board's ruling that giant McDonald's Corporation is a "joint employer" will change the economics of franchising.

Franchisees, Franchisors Declare Victory over NLRB Poster Rule

WASHINGTON – The National Labor Relations Board (NLRB) abandoned its appeal to require all employers to post an 11 x 17-inch poster containing information about workers rights to organize labor unions. Franchisee, franchisor and other trade groups are declaring a legal victory against the NLRB.

Franchise Associations Weigh In on Election

Speaker Boehner speaks
Press conference by Speaker John Boehner (R-OH) on averting the fiscal cliff without raising tax rates. (Official Photo by Bryant Avondoglio, Nov 9)

WASHINGTON — Days after the general election, franchise lobbying groups continue to chime in on the results of the presidential election and their political agenda for the new term.

Government Warns Again: Franchises Do Not Succeed More than Small Businesses

A troubled KFC franchise in Kentucky gives up on its franchisor and closes its doors for good
A KFC franchisee in Kentucky gives up on its franchisor and closes its doors for good. photo/bluemaumau

LEXINGTON, Ky. — The Small Business Administration has declared yet again to the public that franchises have the same success rates as independent small businesses.

Home Care Industry Fights New Pay Rules

New regulations that will require overtime pay and minimum wage for home care workers are getting pushback from within the industry and from the franchising sector.

Obama Asks for Leaner Govt, Promotes SBA Head

In East Room, Obama asks Congress to give him authority to consolidate federal government agencies
photo: Lawrence Jackson, White House Photographer

WASHINGTON, D.C. — President Obama announced yesterday an initiative to merge commerce-related departments of the federal government into one entity and to promote the Small Business Administration head to Cabinet member. Franchisor and franchisee advocates are generally positive about the move.