Spring 2009
2 IFA nullst nullairman and multinullnit
nullwrence nullocnullnullhen
franchisee nullwrence nullocnullnullhen
presented the report to the nulluse
Small nullsiness nullmmittee during
congressional testimony in nully and
IFA released the data in an issue
advertisement in Washington, null area

publications to alert policymanullrs to
the crisis.
IFA issue advertisement
Listen to Mr. Cohen testify
Dunkin Ad:Layout 3 4/29/09 1:19 PM Page 1
IFA
Journal As news of the impact of the credit crisis on
Natl
franchising spread, including news coverage
Summer 2009
of the state of nullT in nullly, one of the
largest lenders to the franchising industry,
IFA wornulld to demonstrate how fewer
lenders were not good for the industry. IFA
SM
®


esident nullnullnullnulltthew Shay appearnull ed
Brands
,
Dunki
n’
tive Ch
airma
n,
t Grou
p
, Execu op
erat
e 14
er, an
d
ho, CE
O,
Managemen
Jon L.
Luther round
in b
anki
ng,
retail
and
the
ser
vice
oard
Memb Carval
IFA B “Duke” ackg
Duarte ®
Preside
nt, Pri
ncipal,
Rivers
ide
Runs on Franchising
ith a
b
trai
ning
and
ma
rke
ting
exp
ertis
e.
In 1978,
and
succes
sfully
own
on Fox nullsiness nulltwornullto voice the
t a
realit
y. W
his
family
at
America Runs on Dunkin’
a res
tau
ran
of own
ing
ach
uset
ts.
Tod
ay,
he
and
Dunkin’ Brands
dream the Uni
ted
Sta
tes
tha
t ha
ve e
xpan
ded
and
creat
ed
the
growt
h of
fran
chis
ing.
Wh
st tw
o de
cade
s.
in an
nual
million
in R
oslin
dale,
Mas
s
the
pa ulting
in
industrynulls concerns.
ed
how
fran
chis
ing
can
link
ent
rep
ren
eur
s wi
th str
ong
bra
nds,
d $3.6
Donuts
y over
fran
chis
e b
usin
esse
s in
act
ivit
34
job
s an
Fran
chis
ing
mad
e Du
ke Car
valh
o’s
, Duke
disc
ove
r
Dunk
in’
n Ro
bbi
ns sto
res
thro
ugho
ut the
gre
ate
r Bos
ton
area.
omic
is real,
and
it has
shar
ply
slowed
and
job
creat
ion
are
def
erred
and
exis
ting
job
s ar
e in
creas
ingly
omy
industry and
Baski e econ activi
ty.
he
ope
ned
his
first
of mor
e th
an
900,000
? Dr
eams omic
to d
rive
n’ D
onuts
Dunki any
is on
e
d cr
edit
irect
econ
s comp job
s an
d tr
illion
s of
dollar
s of
econ
anyin
g th
e cu
rren
t reces
sion
usin
ess
lend
ing
cos
ts t
h
a les
s cos
tly way
Duke
’ ess can
not
fin
a 40
per
cen
t red
uct
ion
in fr
anch
ise
lend
ing
this
year
, res
and
ind
s of
new
of s
mall
b
in d
irect
omy
. B
ut
lend
ing
to s
ma
ll busi
nesse
s.
million $5 b
illion
e econ
ing
$1
million
But
the
cred
it cr
unch
accomp
that
get
ban
ks b
ack
to
happe
ns w
hen
a fra
nchi
se bus
in
tha
t su
btract
edict
ions
show
that
we
cou
ld s
ee
direct
job
s an
d over
put
at ri
sk.
sho
ws ng tri
llions
to sti
mu
late
th
olicies
study C
urre
nt pr
direct
and
in
ion
on
p
Watch Fox Business Network Report

A re
cent output.
50,000 rnm
ent
is spe
ndi
eco
nom
ic
eral
gove rt the
dream
the
loss
of n
ear
ly
e fed expan
sion
is to
focu
s at
ten
t
n. www
.franchise.org
omic and yo
u su
ppo
It’s
great
that
th
le econ
policies
mic
expan
sio
sus
tain
ab
len
din
g
better sh
ip an
d eco
no
Suppo
rt
of bu
sin
ess
own
er
It’s great that the federal government is spending
“
trillions to stimulate the economy.
“
nulletings at the end of nullly with high level
representatives of the Treasury, Federal
But a less costly way to drive sustainable
nullserve and Small nullsiness Administration
economic expansion is to focus attention on
policies that get banks back to lending to
nullnullnulllaid the groundwornullfor support from
small businesses.
esident nullamanull for many of IFAnulls policy
recommendations.
6
nullna nullyernullwens, nullnull
Fall 2009
In early September, IFA nullairwoman
7
nullna nullyernullwens, nullnullappeared on
Fox nullsiness nulltwornulls nullSuite
program to discuss the challenges
of small businesses getting loans.

8
14
Watch Ms. Dwyer-Owens on C-Suite
15
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