The International Franchise Association is ready for the lame duck -- fiscal cliff edition. The trade group is flying in 10 former chairmen next week for Hill meetings, and they’re pushing results from a survey of 160 franchise owners showing they are less likely to expand their businesses following the election and uncertainty over the fiscal cliff.
Of those surveyed on Nov. 7, 58 percent said they were less likely to grow, 24 percent said the elections will have no impact on their plans to grow and 18 percent said the election results mean they’re more likely to grow their businesses.
The IFA is pushing for President Obama and “bipartisan members of Congress” to pass a short term deal to avert the fiscal cliff, and then work on long-term reform, including reforming taxes, entitlement programs and addressing the nation’s debt. The group wants lower corporate and individual tax rates.
Business owners flying in next week include: Jim Amos of Tasti D-Lite; Doc Cohen of Doc & Associates; Dina Dwyer-Owens of The Dwyer Group; Sid Feltenstein of Mrs. Fields, Long John Silver’s and A&W; Russ Frith, former Lawn Doctor CEO; Ken Walker, retired Driven Brands CEO; Jon Luther of Dunkin’ Brands; Steve Romaniello of Roark Capital/FOCUS Brands; Melanie Bergeron of Two Men And A Truck; Harry Loyle of ComForcare Senior Services and Cybeck Capital Partners; and past Dunkin’ franchisee Steve Siegel.