Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!

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.

Don't Write a Business Plan

I've started and successfully harvested businesses. I've taught entrepreneurship for almost 20 years. As a part of my teaching and research I've written books and texts on how to write a business plan. I've read almost a thousand of them. Now I believe franchise companies can think differently about business plans.

Thinking Globally: Why an International Franchise Can Be a Smart Investment

Calling all entrepreneurs! New business owners experience many benefits from making the choice to invest in a franchise. But there are additional advantages of investing in an international franchise. We will share them with you here and tell you about five of the top franchises that have gone global!

Freshii CEO Matthew Corrin Sits Down With FranchiseHelp

Why is the Freshii Franchise Model Catching On?