Last week International Franchise Association (IFA) President and CEO Steve Caldeira, Chairman Jack Earle and Past Chairman Ken Walker were honored to speak to the Small Business and Franchising Task Force at the U.S Conference of Mayors’ Winter Meeting in Washington, DC. IFA’s representative were joined by Task Force Co-Chairs Mayor Anthony Foxx of Charlotte, NC, Mayor Elizabeth Kautz of Burnsville, MN and Marie Johns, Deputy Administrator of the Small Business Administration (SBA).
The theme of IFA’s remarks was that small business, in particular franchising, creates much needed jobs in the mayors’ communities. For every $1 million invested in small business, 34 jobs are created – much needed jobs in these hard economic times.
IFA’s Ken Walker said, “Franchising means that somebody had a good idea and that good idea grew.” Franchises have truly grown to be a part of our Main Streets, intertwined in our local communities – providing not only jobs, but also valuable community resources and charitable contributions at the local levels.
To keep small businesses and franchises open, many mayors are working hard to make their communities business and franchise friendly and seek to engage in pro-growth initiatives to help their local entrepreneurs such as greater access to capital.
IFA President Steve Caldeira commended the SBA for their work on the 7(a) lending program which has been a lifeline to the franchise community in acquiring loans during the economic downturn and looks forward to working with the SBA to continue to improve the program.
Posted by Erica Fitzsimmons Director, Political Affairs & Grassroots Advocacy