The first in a three-part series about how franchise businesses are investing in the U.S. economy and local communities.
By Andrew Parker, CFE, and Sarah Eustace
The impacts of tax reform on U.S. businesses big and small is helping to jumpstart jobs, increase wages and result in other positive impacts to local communities. Stories are emerging of a wide range of companies taking various paths to turning tax savings into economic expansion while helping people directly. Examples include higher salaries, increased 401K matches, career benefit and apprentice programs, additional training for employees and community enrichment. Some organizations are even returning tax benefits directly to consumers, such as local utilities reducing bills.