August 14, 2024

The CFA Voice™ is the e-newsletter for Coalition of Franchisee Associations™ and is strictly for informational purposes. CFA™ does not endorse or support any of the views expressed in this digest.


Some stories highlighted in the CFA Voice™ are contributed by CFA members. If you would like to share with fellow members the achievements, milestones, anniversaries, special events or more within your organization, please send your content to Rachel Jackson at rachelj@elevanta.com

Upcoming Events


Aug. 21

CFA Tax Issues Webinar


Aug. 25-27

Western Foodservice & Hospitality Expo

Los Angeles, California


Aug. 26-27

NAASF Board Meeting

Miami, Florida


Aug. 28

NAASF Franchisee Conference

Miami, Florida


Sept. 15-18

FSTEC

Grapevine, Texas


Nov. 11-13

Restaurant Finance & Development Conference

Las Vegas, Nevada


Dec. 3-4

CFA Board Meeting

Franchising Fact

A franchise business opens every eight minutes.


Source: Appsthatdeliver.com

HILL INSIGHTS


When Congress returns from recess, the House of Representatives has a meager thirteen days in session, heading home after September and not returning until after the elections. Similarly, the Senate is positioned to have just fifteen working days in D.C. before the election. 


Before they head home in October, however, and in order to avoid a partial government shutdown on Oct. 1, Congress must pass a stopgap spending bill. While the House Appropriations Committee has approved all 12 of its spending bills and the Senate committee has advanced 11, the language of these bills differs greatly and Congress isn’t likely to come to an agreement until after they learn who will control Congress next year. As a result, a temporary measure is needed to keep the government running until that time. 


CFA will keep you updated as this story develops.

POLITICAL & GOVERNMENT NEWS


Labor Advocates Air the Demands They'll Push on California's Fast-Food Restaurants

Labor forces controlling four of the nine seats on California’s Fast Food Council have revealed what workplace concessions they’ll seek in addition to a 3.5% hike in the minimum fast-food wage when the quasi-regulatory agency meets on. Included on the list are more restrictions on changes in fast-food work schedules; guarantees that fast-food workers will get the pay due to them should their employer sell or close the business; a crackdown on employers who violate current workplace regulations, including safety measures; and the systemization of a way for fast-food workers to communicate more readily with the Council.

Read more: Restaurant Business

The National Labor Relations Board Dropped Its Appeal of the Joint Employer Ruling

The National Labor Relations Board has dropped its May appeal of a federal judge’s ruling against the agency’s newly broadened joint employer rule but left the door open for another appeal, possibly in the future. The joint employer standard has gone through multiple revisions throughout three presidential administrations.

Read more: Nation's Restaurant News

BUSINESS SMARTS

A New Leadership Development Framework

The root cause of these disappointing outcomes often lies in the one-size-fits-all approach of traditional programs. These programs frequently focus on theoretical knowledge rather than practical application, and they overlook leaders' individual needs. They fail to anchor the development experience in the business context and strategy of the organization. A dynamic, contextual and strategic approach is essential to prepare leaders for real-world challenges.

Read more: Forbes


Struggling To Find Growth in Changing Times? Leverage the Disruption

In today's world, companies strive to stand out from their competitors and win the hearts of customers. Despite challenges posed by the highly competitive economic landscape, seemingly endless technological advancements and political instability (this list could be endless), standing out can be done, and it can be done well.

Read more: Forbes

LETTER FROM THE CHAIRMAN

Dear CFA Members,


As we approach the upcoming presidential elections, it’s important to acknowledge that changes may be on the horizon. Rest assured, CFA is here to keep you informed and prepared for what’s to come and to be your Voice!


One of the best ways you can prepare your business for the coming year is by attending our quarterly webinars. Our next webinar is on tax issues relevant to franchisees. Scheduled for Wednesday, Aug. 21, at 1 p.m. EDT, this session will be led by Palmer Schoening, chairman of the Family Business Coalition (FBC), who will provide invaluable insights.


During the webinar, we will discuss the expiration of the Tax Cuts and Jobs Act and its potential impact on your business. Key topics will include the estate tax, the 20% small business deduction, equipment expensing and marginal tax rates.


Additionally, mark your calendars for our next two webinars:

  • September: Staffing…How to Incentivize and Retain Employees
  • November: The Presidential Election (Our final webinar of the year)


These sessions will provide critical information to help you navigate the challenges ahead. You can register for the tax issues webinar here.


We look forward to your participation in these important discussions.


Sincerely,

John Motta

CFA Chairman

THANK YOU TO OUR PARTNER MEMBERS!

Support the vendors who support your association. Click here for a full list of the CFA's partner members.

CFA Mission Statement:


"To leverage the collective strengths of franchisee associations for the benefit of the franchisee community."

Coalition of Franchisee Associations

The Voice of Franchisees
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