Driving for diversity. (franchising industry) (includes a listing of the top 50 franchises)

From: Black Enterprise | Date: September 1, 1992| Author: Thompson, Kevin D. | Copyright information

Franchises grossed $757.8 billion in sales in 1991, and business and personal service franchises are the fastest growing types. The number of minority-owned franchises remains at a low 2.5%, but franchise owners are beginning to hire more minorities.

As the $758 billion franchise industry continues to grow, business format franchisors are more aggressively pursuing minority owners.

Agnes M. Davis is a member of an elite group. She is one of a handful of African-America...