Resources

Letter to Chairs Rubio and Velázquez and Ranking Members Cardin and Chabot of the U.S. Senate and House of Representatives regarding the Coronavirus Aid, Relief, and Economic Security (CARES) Act, detailing how the Act can achieve its intended outcome and have maximum impact. This letter urges the Chairs and Ranking Members to confirm the eligibility of the franchised businesses in the Paycheck Protection Loan program.

Letter to Secretary Mnuchin of the U.S. Department of Treasury regarding the Coronavirus Aid, Relief, and Economic Security (CARES) Act, detailing how the Act can achieve its intended outcome and have maximum impact. This letter urges Secretary Mnuchin to confirm the eligibility of the franchised businesses in the Paycheck Protection Loan program.

In light of recent announcements and ongoing legislative action, IFA is providing Small Business Relief guidance and information. This information will be updated as the CARES Act legislation is finalized as the result of ongoing negotiations between the House, Senate and Administration.

IFA worked diligently for our members to ensure that franchise businesses were represented and provided relief from Congress in Phase 3 of the coronavirus relief bill. This document describes the items in the bill that are beneficial for franchising, and some items that still need work.

Spreadsheet with links and details regarding the following, state-by-state: Business closures, school closures, unemployment insurance, FDD updates, legislative/executive actions, government loans to businesses and additional financial relief.

Breakdown of details regarding the impact of the Paid Sick Leave Act on franchising. 

Because many families, businesses, and tax preparers may be unable to meet their tax obligations despite their best efforts, President Trump is allowing “the Treasury Department to defer tax payments, without interest or penalties, for certain individuals and businesses negatively impacted.”

Statement released by the International Franchise Association (IFA) regarding H.R. 6201, the Families First Coronavirus Relief Act and next steps for Congress.

Letter urging Speaker Pelosi and Republican Leader McCarthy to work closely with the Small Business Administration (SBA) to ensure the loans are rapidly administered to affected areas.

IFA specifically asks Congress to make clear that franchise owners affiliated with a brand are eligible for the same small business relief as non-franchised small businesses. This letter lays out detailed, recommended policies that can be followed to achieve this objective.

Request to improve the House-passed bill containing important provisions that benefit small businesses and employees. Specifically, Division C, “The Emergency Family and Medical Leave Act,” and Division E, “The Emergency Paid Sick Leave Act.”  

While H.R. 6201 includes a 100% retroactive tax credit, the construction of the paid leave mandate and refundable tax credit leaves small businesses with a significant and immediate cash flow crisis for the next six to eight critical weeks.