Rapid policy changes and legal challenges are making the business environment increasingly unpredictable. Shifts in trade, labor, and tax policies can create both opportunities and disruptions. While uncertainty is inevitable, businesses that stay informed, assess risks, and build flexibility into their operations will be better equipped to adapt
In 2024, for the second year in a row, the franchise industry outperformed expectations thanks to upticks in consumer spending and slight improvements in the availability of labor. According to a report from the IFA, franchising is likely to keep growing and add more than 20,000 units and 210,000 jobs in 2025. Learn interesting industry statistics and other key takeaways from the report.
In mid November, the IRS announced that interest rates will decrease by a percentage point for the calendar quarter beginning January 1, 2025. Learn more about what that means for individuals and corporations.
Tax planning is a critical piece of managing a franchise; however, many franchise owners simply don’t have the time or background knowledge to adequately or strategically tackle the tax implications of owning a franchise. Learn about 5 of the most important and commonly overlooked tax considerations impacting franchisees and provide practical steps you can take to begin optimizing your tax situation.
The IRS took action quickly after Hurricane Helene traveled 400+ miles, claiming lives and wreaking havoc in the Southeast. Learn about the important information regarding deadline extension and penalty relief.
Explore this practical guidance for those thinking about taking the first step toward owning a franchise.
Taxpayers impacted by Hurricane Debby in South Carolina, North Carolina, Florida, and Georgia now have until February 3, 2025 to make certain tax payments and file various tax returns, including 2023 individual and business tax returns currently on extension.
Charles Dean Smith, Jr. recently attended the UPS Store Convention 2024 in Las Vegas. Read his top takeaways for franchise owners which are based on trends industry experts from around the country are seeing in the marketplace.
Whether you're a young entrepreneur or a seasoned professional looking to make an investment or mid-career pivot, the decision to buy a franchise requires careful consideration and extensive planning. This guide explores key considerations to help you navigate the decision to buy a franchise
The IRS has announced tax relief measures for individuals and businesses in 67 Texas counties affected by Hurricane Beryl. Taxpayers in these counties now have an extended deadline until February 3, 2025, to file various federal individual and business tax returns and to make any necessary tax payments.
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