Business/Industry Resources

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How Does Franchising Work?

Franchising is an arrangement where a name brand company grants a local entrepreneur the right to use its business name, trademarks, and processes to produce and market a good or service. The business owner usually pays a one-time fee and a percentage of sales revenue as royalty. Typically, the brand provides national advertising and support, while the independent owner is responsible for day-to-day operations of the business, including hiring and scheduling employees.

The U.S. Chamber of Commerce is marshalling its full resources to help companies continue to operate and keep paychecks flowing to American workers and families, while mobilizing the business community to combat the pandemic.

COVID-19 Travel Industry Research and CARES Act Relief Resources from the U.S. Travel Association.

The Main Street New Loan Facility, which has been authorized under section 13(3) of the Federal Reserve Act, is intended to facilitate lending to small and medium-sized businesses by Eligible Lenders. Under the Facility and the Main Street Expanded Loan Facility, a Federal Reserve Bank will commit to lend to a single common special purpose vehicle on a recourse basis.

The Main Street Expanded Loan Facility, which has been authorized under section 13(3) of the Federal Reserve Act, is intended to facilitate lending to small and medium-sized businesses by Eligible Lenders. Under the Facility and the Main Street New Loan Facility, a Federal Reserve Bank will commit to lend to a single common special purpose vehicle on a recourse basis.

The International Franchise Association (IFA) is working with the Owner–Operator Independent Drivers Association (OOIDA) and The American Trucking Associations (ATA) to help truck drivers to navigate the coronavirus pandemic. Truck drivers are playing a unique and essential role keeping the economy functioning during this period of social distancing and quarantine. However, because increased restrictions on dine-in options, truck drivers are struggling to eat on the road and facing new challenges as they do their jobs.

An NPR article explaining the Coronavirus Aid Package and offering resources to the seven main groups that would see the widest-reaching impacts: Individuals, Small Businesses, Big Corporation, Hospitals and Public Health, Federal Safety Net, State and Local Governments, and Education

Details and resources from The National Law Review to help employs and employers understand and implement the Federal Family First Coronovirus Response Act.

MultiState Associates' interactive and regularly updated guide explaining what employees are considered essential, what self-quarantining requirements are being enforced, and more based on efforts to slow the spread of COVID-19. This guide breaks down the information as it applies to each individual state and locality.