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

Senior Care Authority

How This Senior Care Authority Franchisee Turned Love for His Grandparents Into a Lifelong Calling

how-this-senior-care-authority-franchisee-turned-love-for-his-grandparents-into-a-lifelong-calling

HomeTeam Inspection Service

Hometown News: Like Father, Like Son — Family-Run Inspection Business Blends Generations of Expertise and a Keen Eye for Detail

father-son-home-inspection-franchise-florida

KLA Schools

KLA Schools of Beachwalk Hosts Admissions Kick-Off Celebration

kla-schools-of-beachwalk-hosts-admissions-kick-off-celebration

Good Day Columbus: Home Insurance Expert Reveals Why Central Ohio Premiums Are Rising and How to Combat Costs

rising-home-insurance-costs-ohio

CapitalSpring

Primetime Fitness Expands Crunch Portfolio With CapitalSpring’s Backing

primetime-fitness-expands-crunch-portfolio-with-capitalsprings-backing

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 Development Website Builder

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

Potbelly to be Acquired by RaceTrac in $566 Million Deal 

racetrac-acquires-potbelly-in-566-million-deal

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

Caribou Coffee Names Scott Kennedy CEO, Eyes Continued Growth

caribou-coffee-names-scott-kennedy-ceo-eyes-continued-growth

McDonald’s Launches New Extra Value Meals as Consumer Demand for Value Continues to Climb

mcdonalds-launches-extra-value-meals

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

Technomic Releases Annual Ranking of the Top 15 Fast-Food Chains in the U.S.

technomic-releases-annual-ranking-of-the-top-15-fast-food-chains-in-the-us

AI Is Reshaping Franchising: $100 Billion Valuations and Hyper-Localized Advertising

ai-is-reshaping-franchising-100-billion-valuations-and-hyper-localized-advertising

1851 Keyword - The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

The Secret To Succeeding With a Part-Time Franchise Is Picking the Right Model

part-time-franchises-picking-the-right-model

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

DevHub - Meet the Supplier - 1851 Franchise

DevHub: Scalable Digital Marketing for Franchises and Multi-Location Brands

devhub-meet-the-supplier

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

Multi-Unit Wendy’s Operator Signs 12-Unit Deal With Layne’s Chicken Fingers

ricki-oberoi-laynes-chicken-fingers-growth

1851 Franchise Deep Dive graphic with Sparkle Squad logo

Sparkle Squad Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-sparkle-squad-franchise-costs-fees-profit-and-data

Design with school-aged child standing on pencil with text "Education Franchises" and "<$500K"

Top Education Franchises Under $500K To Explore in 2025

top-education-franchises-under-500k

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

MORE STORIES LIKE THIS