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Minority franchise&nbsp;ownership is on the rise. A recent <a href="http://www.blackenterprise.com/blacks-opening-franchises-at-brisk-pace-helping-fuel-small-business-growth/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=black-enterprise-more-black-americans-are-becoming-franchise-owners-and-fueling-small-business-growth-2706347" target="_blank" rel="nofollow" target="_blank">Black Enterprise article</a>&nbsp;noted that 30.8 percent of franchises were minority-owned&mdash;up from 20.5 percent in 2007. And, according to&nbsp;International Franchise Association&nbsp;President &amp; CEO Robert&nbsp;Cresanti,&nbsp;this upward trajectory reflects the benefits of the franchise model.

&ldquo;The franchise business model has solidified its place in our economy as a stable job producer and opportunity engine and is uniquely situated to affect serious change in local communities by encouraging employment for those who need it most,&rdquo; said Cresanti.&nbsp;&ldquo;This report demonstrates how the franchise business model is working to meet the future challenges of a rapidly growing and diversifying franchise sector with shifting demographics, instituting a way of living that achieves a dream for millions of America.&rdquo;

The study also found black franchise owners branching out from the restaurant&nbsp;and cleaning industries, finding expertise in a plethora of other areas including&nbsp;senior care, fitness, auto care and more. Black franchise ownership has also seen a 60 percent gain between 2007 and 2012.

<a href="http://www.blackenterprise.com/blacks-opening-franchises-at-brisk-pace-helping-fuel-small-business-growth/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=black-enterprise-more-black-americans-are-becoming-franchise-owners-and-fueling-small-business-growth-2706347" target="_blank" rel="nofollow" target="_blank">Click here</a> for the full story.&nbsp;

Black Enterprise: More Black Americans Are Becoming Franchise Owners And Fueling Small Business Growth

1851 Franchise

The explosive growth seems to be just the beginning for minority franchise ownership. 

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Layne's Chicken Fingers

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 Layne’s Chicken Fingers Crosses Mid-Year Mark With 11 New Restaurants Opened, Including the First Time the Brand has Seen Two Openings on the Same Day on July 14

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HomeTeam Inspection Service

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HomeTeam Inspection Service Franchise Owners Diversify Income With Multi-Service Model

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Right at Home

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Right at Home Franchise Owner Jennifer Selden To Share Franchise Journey, Sparked by Personal Care Experiences

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Paris Baguette Canada

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What Paris Baguette Franchisees Have To Say About Their Experiences

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Gregory Brewer To Share 20-Year Franchise Journey With Right at Home in Upcoming Webinar

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