Monday, October 27, 2014
FOR IMMEDIATE RELEASE:
World Franchising Network
1814 Franklin Street, Suite 603
Oakland, CA 94612
(888) 612-9908 / (510) 839-5471 / Fax: (510) 839-2104
OAKLAND, CA (October 27, 2014) - The World Franchising Network has compiled its 8th annual list of the “50 Top Franchises for Minorities.” The results were featured in the October 24, 2014 issue of USA TODAY in the Franchising Today section. Click here for a copy of the article with the list of the Top 50 franchises.
The World Franchising Network selected 50 franchisors from hundreds of companies requesting evaluation for inclusion in the article. There was no cost to participate in the survey. The only constraint was that franchisors had to have in excess of 40 operating units. Each participating franchisor was required to submit a completed questionnaire. The questionnaire noted the number of operating units owned or managed by minorities, as well as the number of minorities in senior management that earned over $60,000 per year. (For a copy of the questionnaire, click here.)
“The steady increase in minority representation in franchising, especially among Hispanics, Asian-Americans, and South Asians, over the last several years is very encouraging,” stated Rob Bond, founder and president of the World Franchising Network. “It certainly is evidence of minorities’ intrinsic values and work ethic. Additionally, franchisors continue to make a concerted effort to reach out to minorities, which is ultimately highly beneficial in the long run to all parties involved.”
For a more complete list of franchise systems that wish to increase their minority representation, please go to www.WorldFranchising.com and select Minority Franchising from the Search Franchises dropdown menu. The site lists companies that are actively committed to recruiting and supporting minorities, as well as resources that are essential to the evaluation process. The site represents an effective and cost-efficient tool for franchisors to increase minority representation within their systems.
The World Franchising Network also has several other websites focusing on franchising. To learn more about the World Franchising Network, please click here for our 2014 Media Brochure.