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.
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.
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.
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.
Leon Oldham heard the same message repeatedly: franchising was the best way to start your own business without being in business by yourself. His early career had focused on ways to help people by aiding their efforts to gain employment. Friends like Baseball Hall of Fame's Hank Aaron, who is also a successful franchisee, urged Oldham to try franchising.
The tortilla is the fastest-growing item in the U.S. baking industry, with Americans devouring about 90 billion last year, and that doesn't even include chips. Nationwide, the number of tortilla makers with at least a half-million dollars in sales now totals about 400, up from 350 firms a decade ago.
The nation's number two Mexican quick-serve chain, Del Taco Inc. today announced it has selected Huntington Beach, California-based MenuLink Computer Solutions Inc. to develop back office solutions for the company's franchisees.
The International Franchise Association announced Tuesday that it will increase efforts to promote franchise ownership among Hispanics.
Santa Barbara Restaurant Group, Inc. announced today it will now offer multi-unit franchise development opportunities for its La Salsa Fresh Mexican Grill concept throughout the United States as well as Puerto Rico, the Virgin Islands and Guam.
Franchising has become an attractive option for Hispanics with entrepreneurial aspirations. The sector offers a growing array of opportunities, and getting started has never been easier.
Part of the high growth in healthcare, for women only, focused on the baby boomer market. No franchised competition, little to no independent competition with similar approach.
Business to business. Challenging, fun, fast paced business. Open weekdays and business hours. Volume repeat corporate accounts are target customers. Traditional printing, digital imaging, high-speed copying and color copying. The emphasis is on the owners to manage and market the business.
Technological advancement has lead to the growth of the homebased-business market. Parcel Plus positions itself to become the secondary offices for these entrepreneurs who don't want to have copiers, fax machines and postal meters cluttering their homes.
Wholesale business providing raised-lettering printed materials to retail printers, copy centers, postal centers, printing brokers and office supply super stores. Challenging, fast paced fun business.
Are you seeking a fast-paced technology driven business' Does your entrepreneurial spirit need an environment where you'll thrive'