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Congress Backs Franchise Jobs Bill as Inflation Squeezes Small Business

Wall Street Journal US Business •
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A bipartisan bill before Congress seeks to support franchises as a critical American job creator, arriving as franchisors balance rising costs with consumer demand for affordability. The legislation responds to pressure on businesses squeezed by inflation and high gas prices.

McDonald's serves as the most recognizable franchise success story, but the model extends across more than 300 industries—from hotels to gyms to swim lessons. The company has worked to maintain low prices despite mounting operational expenses.

The franchise sector employs nearly 9 million workers nationwide, with 85% of franchisees living and working in the communities they serve. This local presence makes franchising both an economic driver and community anchor across American towns.