This Week In Franchise News: 3/26/2021

The PPP Extension Act has been extended by two months, and the Suez Canal blockage is costing $400 million an hour, according to This Week in Franchise News.

Read the original at 1851 Franchise
This Week In Franchise News: 3/26/2021

TL;DR

The PPP Extension Act has been extended by two months to provide forgivable loans to small businesses affected by the COVID-19 pandemic. A new documentary, The Last Blockbuster, details the decline of the video rental franchise from 9,000 to one store.

The program, which provides forgivable loans to small businesses affected by the COVID-19 pandemic, has been extended by two months due to nearly 200,000 applications still pending.

The Ever Given incident has blocked one of the world's busiest trade routes, showing us just how fragile the global shipping industry is.

Businesses across several industries are finding creative incentives to boost vaccination rates and bring the economy one step closer to normalcy.

A new documentary, The Last Blockbuster, details how the video rental franchise went from 9,000 brick-and-mortar stores to just one.

In this story

This story was originally published in 1851 Franchise on March 26, 2021. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

Liked this? Get the week's franchise news, explained

  • Sunday 8 AM ET weekly + a monthly deep dive
  • Sections picked for the industries you follow
  • Every claim linked to its source. Free.

Free. We'll ask you to confirm. Unsubscribe anytime.