Over the past few decades, the financial influence of minorities in the U.S. has been steadily rising. According to the 2010 Census, American citizens that identify as minorities – Asian, Hispanic, African-American, Pacific Islander and African Indians – make up 49 percent of the population. These groups are on the brink of creating a “new…
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In the past, many prospective franchisees aspired for franchise ownership largely due to financial reasons, but today, many of these prospects are more focused on the lifestyle that franchising brings. “When I ask clients why they want to start a business, the number one response isn’t money: it’s lifestyle,” said Susan Mell, business coach at…
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After serving for 24 years in the U.S. Army, Sergeant First Class Ron Adams was at a crossroads, not knowing what his next career move should be. Ron decided to attend the U.S. Chamber of Commerce’s Hiring our Heroes Career Fair in 2013, and attending this event helped him pave the path to his future…
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As the demographics of America continue to change, it’s important for American businesses to adapt accordingly to accept a more diverse audience – promoting inclusion. This rapid pace of changing demographics accompanied by population growth has created unique opportunities for minorities wishing to enter the franchising sector. Obstacles Facing Minorities in Franchising However, when American minorities…
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If you’ve contemplated becoming an entrepreneur but aren’t sure where to start, then The Entrepreneur’s Source’s Start a Business Weekend (SABW) is the event for you! SABW is a digital franchise expo that has the potential to benefit anyone with the dream of owning their own business. This three-day, cost-free digital franchise expo offers current or…
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With the increasing number of minorities making up the U.S. population – reaching 49 percent – many of these individuals are turning to entrepreneurship, and specifically franchising. Franchising has been an attractive career path for minorities because it offers people a chance to acquire new skills, pursue a different career path, likely even one that…
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It’s that time again! The Entrepreneur’s Source’s celebrated virtual franchise expo, Start A Business Weekend (SABW), will be held this month from September 18th-20th. However, this month The Entrepreneur’s Source is trying something new and fun to excite and pump up SABW attendees. The Entrepreneur’s Source Start A Business Weekend Scavenger Hunt To rally up…
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The job market is tough, even for the young and hip millennial generation. A recent survey found that more than 40 percent of millennial, U.S. college graduates who had graduated in the past two years are unemployed. This is concerning to many college grads, considering that 51 percent of students report that they have anywhere…
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As the young, millennial generation enters the job market fresh out of college, they are accepting jobs with considerably lower salaries while possessing high levels of education. However, these newly out of college millennials aren’t the only people in America experiencing difficulty finding jobs in today’s market. Older, more experienced, workers are competing with younger…
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For individuals who are looking to move from Employment to Empowerment by entering the world of self-employment, investing in a franchise proves to be a successful route for many. By purchasing a franchise business, entrepreneurs are investing in the three pillars that are ingrained in the franchising model. These pillars, which are at the core…