1851

A lot is riding on the results of the upcoming presidential election, and that’s especially true for the beleaguered restaurant industry, which has been lobbying tirelessly for a new relief package whose fate is very much tied up in partisan politics. Still, it’s not entirely clear which outcome will better serve the restaurant industry. To give restaurant owners a preview of what they might be in for next year, <a href="https://www.nrn.com/operations/look-2020-election-through-lens-restaurant-industry?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-the-outcome-of-the-presidential-election-will-affect-the-restaurant-industry-2714117" target="_blank" rel="nofollow">Nation’s Restaurant News has broken down both candidates’ platforms</a> with an eye toward the policies that will impact the industry.NRN’s analysis looks at the following key issues: covid and pandemic relief; minimum wage; healthcare and paid sick leave; and immigration. Rather than score points to either candidate for each category, NRN summarizes their platform to let readers decide for themselves which would better benefit the restaurant industry.While some of those categories will be fairly straight-forward to anyone who has paid any attention to politics over the past half-decade (Biden supports raising the federal minimum wage, Trump would keep it as a state issue), others are not so clear.&nbsp;On covid relief, surely the most pressing issue facing the industry, Biden’s platform offers a seven-point recovery plan that includes a small-business fund, though it is unclear if and how franchisee-owned businesses would be categorized under such a plan. Trump, on the other hand, has offered conflicting views of what his administration would do to help businesses in 2021. (It’s worth noting that the Trump administration, breaking from tradition, has not officially offered a policy platform for his reelection campaign.)&nbsp;<blockquote>In early October, after he was released from Walter Reed Medical Center after contracting the coronavirus himself, the president said via Twitter that he was calling off negotiations on more relief beyond the summer packages.&nbsp;&nbsp;Trump later said he would approve narrowly drafted legislation on a new round of the Paycheck Protection Program and perhaps another round of direct stimulus checks.&nbsp;&nbsp;But three days later, on Oct. 9, he stated: “Covid Relief Negotiations are moving along. Go Big!”</blockquote>The restaurant industry has suffered catastrophic losses throughout 2020 and is projected to lose $240 billion by the end of the year. It is increasingly unlikely that a new stimulus bill will be passed until after the election. The restaurant industry will need all the help it can get in 2021, regardless of who wins the election.<a href="https://www.nrn.com/operations/look-2020-election-through-lens-restaurant-industry?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-the-outcome-of-the-presidential-election-will-affect-the-restaurant-industry-2714117" target="_blank" rel="nofollow">Read the full article at nrn.com</a>.

How The Outcome of The Presidential Election Will Affect The Restaurant Industry

1851 Franchise

Nation’s Restaurant News breaks down the candidates' platforms to give restaurant owners a glimpse of what they’re in for after November 3.

how-the-outcome-of-the-presidential-election-will-affect-the-restaurant-industry

Seniors Helping Seniors®

Photo of two people, with white hair, sitting on couch, smiling at each other

Seniors Helping Seniors® In-Home Care Services Expands in Manassas and Fredericksburg, Virginia

seniors-helping-seniors-in-home-care-services-expands-in-manassas-and-fredericksburg-virginia

BooXkeeping

Tech-Driven Bookkeeping: How BooXkeeping Franchisees Are Embracing the Future

tech-driven-bookkeeping-how-booxkeeping-franchisees-are-embracing-the-future

Fitness Premier

Fitness Premier's State-of-the-Art Facilities and Multi-Discipline Approach Fuels Franchise Owner Success

fitness-premiers-state-of-the-art-facilities-and-multi-discipline-approach-fuels-franchise-owner-success

Melting Pot

Melting Pot 50th anniversary photo, featuring three people enjoying celebratory drinks and fondue

Melting Pot Celebrates 50 Years of Fondue Magic With a Year of Special Menus, New Offerings and Unforgettable Moments

melting-pot-50th-anniversary-fondue-celebration

Filta Environmental Kitchen Solutions

Kathy Turner: The Filta Franchisee Keeping LA's Kitchens Cooking (and Green)

kathy-turner-the-filta-franchisee-keeping-las-kitchens-cooking-and-green

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Yum! Brands CEO David Gibbs To Retire in 2026 After 36 Years With the Company

yum-brands-ceo-david-gibbs-to-retire-in-2026-after-36-years-with-the-company

Hooters Bankruptcy - Chapter 11 - April 2025 - 1851 Franchise

Hooters Files for Bankruptcy, Sells Restaurants to Franchisee Group

hooters-bankruptcy-chapter-11-april-2025

Fly Dance Fitness Expands With First Franchise Location in Georgia

fly-dance-fitness-franchise-expansion

&pizza - Fast-Casual Pizza Chain Begins Franchising - 1851 Franchise

&pizza Embraces Franchising To Fuel Bold New Growth Strategy

andpizza-franchising-ceo-mike-burns

CFOs See Recession as Likely in ’25; Why Now Is the Time To Water the Franchise Buyer Seeds

cfos-see-recession-as-likely-in-25-why-now-is-the-time-to-water-the-franchise-buyer-seeds

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025 - 1851 Franchise

Paris Baguette Ranks Among Top Franchises on Entrepreneur’s Franchise 500® for 2025

paris-baguette-ranks-among-top-franchises-on-entrepreneurs-franchise-500-for-2025

1851 Agg - McDonald's Sales Decline Expansion Continues - 1851 Franchise

McDonald’s Franchisees Feel the Pressure as Sales Decline and Expansion Continues

mcdonalds-franchisees-feel-the-pressure-as-sales-decline-and-expansion-continues

Florida Franchisee Reflects on Success and Growth with Sylvan Learning

florida-franchisee-reflects-on-success-and-growth-with-sylvan-learning

Franchise Deep Dive: Studio Pilates Franchise Costs, Fees, Profit and Data

franchise-deep-dive-studio-pilates-franchise-costs-fees-profit-and-data

Military Veteran and Craft Beer Enthusiast to Bring Voodoo Brewing Co. to Toledo, Ohio

military-veteran-and-craft-beer-enthusiast-to-bring-voodoo-brewing-co-to-toledo-ohio

How The Outcome of The Presidential Election Will Affect The Restaurant Industry

MORE STORIES LIKE THIS