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Transcripts For MSNBCW Your Business 20140719

Hi there, everyone, im jj ramberg and welcome to your business. Where we address the needs and issues confronting americas Small Businesses. Attempts to raise the minimum wage recently passed a law raising the minimum wage to 15 an hour. That is a 61 increase. The law gives Small Businesses seven years to comply but franchises have to comply within three years. Because the law claims that franchisees are really big businesses with ties to big corporations. Similar laws are being considered in chicago, boston, philadelphia and san francisco. Stephen colbert is president and ceo of the International Franchise association which has filed a federal lawsuit seeking to overturn the seattle law saying it treats franchises and other Small Businesses unequally. Mckeanny howl is the owner of seattlebased plum restaurants and with the main street alliance. Shes been the leader in getting the seattle minimum wage bill passed. Great to see both of you guys. Great to be back on, jj, thank you. Thank

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