Franchises are an attractive choice for minority entrepreneurs

12/22/2011 | Entrepreneur online

The percentage of franchise businesses that are owned by minorities increased to 20.5% in 2007, up from 19.3% in 2002, according to a study from IFA. "As more minorities establish themselves in the U.S., they are looking to control their destiny through business ownership," said IFA's Matthew Haller. Franchising "offers some stability that you may not get, going it yourself though a startup," he said.

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