The Franchise King®

The International Franchise Association’s Stance On The Proposed Bailout

The International Franchise Association {IFA} has decided to take a stance on the administration’s proposed financial bailout of Wall Street, and it’s close cousin’s, the mortgage companies. Here is part of the letter that the IFA sent to every member of Congress:

(This post may contain affiliate links. Please read my disclosure policy).

"Congress must act quickly to remove bad
debts off balance sheets and ensure that financial markets can be
stabilized so that credit will continue to flow to U.S. consumers and
small businesses,� IFA President & CEO Matthew Shay said.
�Franchised businesses rely on stability in our financial markets to
ensure that affordable financing is available, and many franchisees
purchase their businesses using a combination of personal savings,
investments and borrowing. They will definitely face a more
challenging future if Congress fails to act.�

Free Franchise Quiz
Find Out If You Should Own A Franchise Before You Write That Big Check
Invalid email address

Do Congressman and Senators really read the letters they get from lobbyists? Some of them probably. The IFA does represent an industry that makes a huge impact on our economy. After all, millions of jobs are a direct and sometimes indirect result of the franchise industry.

The franchise industry is hurting pretty bad right now, like most other types of industry, so I do agree that swift action must be taken. Smart, careful, swift action, that is….

Here is the rest of the letter from the IFA to the Congress and the Senate.

{Full Disclosure. I am not a member of the IFA}

Read more about the US economy vs. Franchising
Read-Get stuff in writing.
Get Job? Get Business Of Your Own? MMMMM

Please Share This Article!
follow us in feedly
franchise article written by joel libava
Note: When you buy through links on this website, we may earn an affiliate commission. In addition, I've started to use AI to help me craft better article titles and headings.
joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel Wrote The Book
Joel literally wrote the book on becoming a franchise owner. He is very knowledgeable (and very forthcoming) about the ins and outs of buying into a franchise system. I recommend Joel for concrete advice on evaluating the business end of franchise opportunities ."
- Jeffery Fabian, Owner of Smart Content
Free Franchise Tools Franchise Compatibility Quiz Net Worth Calculator
VIP Franchise Newsletter

"Many receive advice, only the wise profit from it."
- Harper Lee
Recommended Reading
How Franchises Work
How Much Is A Franchise?
Pros And Cons Of A Franchise What Is The Franchise Fee? How To Buy A Franchise
Best Franchises To Own

Top 33 Business Ideas
6-Figure Home Businesses Starbucks Franchise Facts
Featured Franchises!
10 Best Franchise Websites
About Franchise Consultants
How To Read A FDD
Questions To Ask Franchisors
Questions To Ask Franchisees Franchise Discovery Day Franchise Reviews
Top 10 Franchise Buying Tips

Visiting Franchise Headquarters? You Can Book Your Flight Here!