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Top 10 Franchises

Success stories aren't hard to find among owners of franchises. However, there's another, more troubling, side to franchising. Here are the Top 10 franchisors who treat their offspring right.


In Hard Times, More Buying Into Idea of Franchises

The economy looks bleak; the job market has stalled. For many, the time seems right to dream about becoming their own bosses, and a franchise is often the first thing that comes to mind because it tends to be a proven business.


7-Eleven, Inc. Hosts Seminars for Prospective Minority Franchisees

7-Eleven, Inc. is teaming up with the Charo Community Development Corporation and other national community and business organizations to deliver business seminars designed to recruit more African American, Asian and Latino franchisees.


Hispanic Lauded for Saving a Failing Dealership

Lomberto L. Perez's creative use of computer technology and the Internet dramatically turned around a failing South Florida dealership. That's earned Perez and his Autocity Buick-Pontiac-GMC in Homestead a coveted Dealer Innovation Award from the National Automobile Dealers Association.


Franchising Looking Better than Ever

Economic uncertainty or no, franchising remains an exciting option for those who want to test the entrepreneurial waters. In fact, now may be an uncommonly good time to explore franchising opportunities.


Franchising Profile: Moxie Java International

The lack of franchise fees, increased flexibility and extensive company support allows licensees to quickly establish and grow their retail espresso business.


Hispanic Dealer Acquires Jaguar Franchise

Ramon Alvarez C., President of Alvarez Lincoln Mercury in the Riverside Auto Center has added the prestigious name of Jaguar to his successful dealership.


Franchise Growth Through Diversity: IFA's Role

A growth strategy that fosters and encourages inclusion of minorities in franchising is clearly a two-way street. People from a variety of cultures and ethnic groups can now turn to franchising for opportunities for business ownership and employment.


Are Minorities the Future of Franchising?

From top-level corporate positions, to Mom and Pop corner stores, the U.S. minority population is coming of age. Minorities are better educated and better compensated than ever before and more entrepreneurial. They are also being called the "new frontier" of franchising.


Social Trends to Consider When Starting a Business

One great way to find market opportunities for your product or service is to study social and business trends. New social trends transform how goods are built and sold. Business opportunities grow out of changes in the social order.


Franchising: The Waiting Game

By the time the owners of Rubio's Baja Grill decided to franchise their restaurant, they already owned 135 stores and had been in business for 18 years.


Hispanics Poised to Become the Next Big Thing in Franchising

After years of working in the corporate sector, Fernando Otero decided to strike out on his own. Then came a really tough decision: what to do next. "Franchising actually was almost an accident," says Mr. Otero, of Davie, Florida.


Funding a Franchise Startup

With a success rate averaging 95 percent, franchising can be a lucrative option for Hispanic executives who want to go into business for themselves. Former banker Ernie Sandoval, for example, has seen his McDonald's franchise grow into a HISPANIC BUSINESSŪ 500 company, with 10 restaurants in San Diego.


Frank Montaño Inspires Others to Realize Their Potential

As a youngster, Frank Montaņo spent his summers picking cotton alongside his father, a migrant worker. Many jobs and long hours later, Mr. Montaņo is now the president and chief operating officer of Moto Photo Inc., a chain of retail photo-processing stores with more than $140 million in annual sales.


Franchising World’s Annual Event Showcases Latest Concepts

Home-based services, from glass repair to plumbing leak specialists, are among the new franchise ventures that will be showcased during the annual International Franchise Expo in Washington, D.C.


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