Franchising for Black Entrepreneurs: Pathways to Ownership in NYC
The franchise industry is an $800 million annual industry, supporting over 7.5 million jobs nationwide and posting a 90% success rate.
Among various advantages, franchises provide business owners with widespread brand-name recognition, proven products and methods, and a pre-sold customer base – all of which increase chances of business success for aspiring entrepreneurs.
Franchise business categories extend beyond fast food chains to include real estate, healthcare, personal care, fitness, hospitality, retail, and many more.
Despite these impressive statistics, only 8% of the franchises nationwide are owned by Black Americans. Join Precision Franchise and BE NYC for a panel discussion featuring national experts on how to start your own franchise business!