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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 1992 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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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...