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Minority, Women Entrepreneurs Find More Opportunity in Franchise World

While there are many risks and hurdles involved in starting a new business, there are also many rewards. If you’re ready to start it up, but aren’t in the position (financially or otherwise) to risk it all in starting something new, you may consider franchising. Franchising offers many benefits to aspiring entrepreneurs, especially to minorities and women, who are seeing more opportunities in the franchise world in recent years.

According to data derived from the U.S. Census by the Small Business Administration, franchising trends show that minorities now own 21.1 percent of franchises with at least five workers, up from 15.8 percent 10 years ago.

StartupNation contributor Steve Friess, dives further into the study, and shares a personal story of a woman who wanted to start her own business and found success through franchising. The article also cites various surveys and research metrics related to minority entrepreneurship and small business. 

Read the full article here.

Top Five Restaurants People Wish Were Franchises

Not every business in the U.S. is a franchise. (Much to the chagrin of us here at FranchiseHelp.) But that doesn’t stop people from searching desperately for information on opening a location of their favorite stores.

Franchise Disclosure Document for Dummies – Part 5

As a preliminary matter, it is important to understand the distinctions between trademarks, copyrights, patents and proprietary information.

Was Aristotle The First Great Salesperson?

Aristotle said that all persuasive arguments have 3 common elements, and he gave these elements some great names (which suspiciously sound like the names of the Three Musketeers):