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National Restaurant Association, Wine & Spirits Wholesalers of America Join with Family Enterprise USA to Advocate for Family Businesses
Major Food and Beverage Associations, representing 15.6 million Employees, Support Family Enterprise USA’s Work in Educating Congress on Importance of Supporting Family Businesses
The National Restaurant Association and the Wine & Spirits Wholesalers of America, two of the country’s largest food and beverage associations, have joined the growing list of groups supporting Family Enterprise USA, advocates on Capitol Hill for America’s number one private employer, family businesses.
The two associations combined represent over 15.6 million employees.
Today’s announcement from Family Enterprise USA (FEUSA) is part of the growing awareness on Capitol Hill of the important role family-owned and operated businesses play in the U.S. economy, accounting for $7.7 trillion annually to the country’s Gross Domestic Product, according to research.
FEUSA was instrumental in organizing the bipartisan Congressional Family Business Caucus. This year, the first Caucus meeting will be March 11 on Capitol Hill.
The two new associations will have access to the full offering of FEUSA Association Member benefits, including content, expert insights, and access to events, including attendance at the three Congressional Family Business Caucus meetings each year.
Representing 15.6 Million Employees
The National Restaurant Association, founded in 1919 and based here, is the leading business association for the restaurant industry, which comprises more than 1 million restaurant and foodservice outlets and a workforce of 15.5 million employees. The association’s mission is “dedicated to serving every restaurant through advocacy, education, and food safety.”
The Wine & Spirits Wholesalers of America (WSWA), also based in Washington, D.C., represents nearly 4,200 facilities and 97,800 employees nationwide. It was founded in 1943.
The WSWA focuses on policy areas such as taxation of family-owned businesses, state-based alcohol regulation, social responsibility, and impaired driving prevention. Among other things, WSWA offers programs that promote member careers and family businesses in the industry.
America’s Family Businesses
America’s multi-generational family-owned businesses not only contribute $7.7 trillion annually to the U.S. gross domestic product, but are the largest private employers in the country, accounting for 83.3 million jobs, or 59 percent of the country’s private workforce, research shows.
“We’re very excited to have the support of the National Restaurant Association and the Wine & Spirits Wholesalers of America join our growing voice on Capitol Hill,” said Pat Soldano, President, Family Enterprise USA and the Policy and Taxation Group, both non-profit advocates for family businesses and successful individuals. “With many new members in Congress our mission is to educate legislators on the size and power of family-owned businesses, and to let them know about the tax and economic policies that affect these important parts of our economy,” she said. “The members of these two strong associations will help make family businesses in these two important industries remain strong and growing.”
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The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates, possible elimination of valuation discounts, increase in capital gains tax, enactment of a wealth tax, and the continued burden of the gift tax, estate tax and generation skipping tax.
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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