Ron Feldman
speaker
3,922 appearances
11 recordings
1 series
first heard Jun 2010
last heard Dec 2020
Ron Feldman’s voice in public audio — every appearance, attributed to the second.
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Appearances
you know, with regard to the Small Business Jobs Act passed a couple of years ago.
There's a little bit of ambivalence and a, you know, what's in it for my constituents role.
And then partisan politics just plays such a role in all of that that it seems like they've moved on to bigger and better things.
Specifically now, you know, you've got some
Obamacare is the next big thing that you're going to see, depending on both the Supreme Court decision coming up and the election, as to how much that law gets enacted or defunded or funded.
And David Barr of the IFA has done an amazing job of tearing apart the – he actually read the whole bill.
I dare anyone to ask their congressman if they actually read it.
It's now the law of the land.
And his conclusions are that the typical QSR operator is going to lose two points of margin by having this law enacted in 2014.
That means if you're making EBITDA of 18%, your EBITDA is now 16%.
And that really doesn't incent too many people to keep growing when you've got a 2% royalty on top of your franchisor's royalty coming from Uncle Sam for health care.
So that's the hottest topic right now in the NLRB, National Labor Relations Board.
The appointments that were just made that are all pro-union is –
disguised as we were fighting card check for however many years
unionizing small business, and now they're just trying to do it by having a friendlier pro-union NLRB.
Those are the two really hot things, and the state of California has just put a bill in place that is really anti-franchising as well.
So there's a lot of fights on Capitol Hill, but it seems like capital access –
We did what we could do.
The Small Business Jobs Act is there.
It's still a very high priority.
Showing 1721–1740 of 3,922 · page 87 of 197
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