Obamacare brings franchise expansion to a halt

Discussion in 'Politics' started by SniperFire, Jan 11, 2013.

  1. SniperFire
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    SniperFire Senior Member

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    The destruction of small business begins in earnest!

    Elections, as they say, have consequences.

    OBAMACARE BRINGS FRANCHISE EXPANSION TO A HALT


    'a sobering report today about franchise owners scaling back expansion plans and entering a “holding pattern” for exactly this reason:

    Dan Drennen says his franchisees are sitting on their hands. According to the general manager of Visiting Angels Living Assistance Services, multi-unit franchisees are withholding expansion in the face of the Affordable Care Act’s employer mandate.

    “The cost becomes exponentially greater,” Drennen said. “They are subject to the ACA and it’s a law of diminishing returns.”

    Drennen said single owner deals continue to come in, as Visiting Angels has 437 franchise locations, and near 420 individual franchisees. But for many of those nearing the 50-employee level, where the employer mandate kicks in and health-care is a requirement or a $2,000 annual penalty per employee is due, they’re staying put.'

    ObamaCare brings franchise expansion to a halt | Conservative News, Views & Books
     
  2. RoadVirus
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    RoadVirus <insert pithy title here>

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    Doing a heckuva job, Barackie!
     

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