A Study on African-American & Hispanic Franchises...
We have highlighted two of the largest minority groups, African American and Hispanics,
to illustrate the enormous business opportunities that exist for those profitable product
or service businesses that want to expand regionally or nationally and build wealth for themselves.
Whatever examples we have described in our report on African-American business
opportunities apply to Hispanic businesses as well. The opportunities for ambitious
African-American and Hispanic business owners who want to become well known regional
or national names and accumulate wealth can be accomplished through the unique
business relationship called Franchising.
If you would like to receive a Fact Report about Franchising Hispanic and
African-American Businesses in the U.S., please CLICK HERE:
Hispanic purchasing power is projected to be $276 billion the year 2000.
The United States has the fifth largest Hispanic population in the world, yet
the purchasing power of Hispanics has not been felt in the field of Franchising.
Hispanics comprise 11% of the American population, They are the largest minority group in this country. By the year 2050,
an estimated one in four Americans will be Hispanic.
However, one would have a problem in identifying well known Franchise Systems
by their brand that were created and are still being operated by Hispanics. Yet,
there is no more effective and quick way for a company, irrespective of its size,
to expan then through the marketing approach called Franchising.
This means that the opportunity for small and medium sized profitable Hispanic
owned businesses that want to "grow" their company and brand name can best accomplish
this by converting their existing business into a Franchise Model. This is what
Kushell Assocciates, Inc. does.
There could not be a better time to become a Franchisor and direct your present
product or service to many different economic levels of Hispanic customers.
In Franchising, it is the owner of the Franchise System, the Franchisor, not the
Franchisee who owns and operates individual franchise units and who will accumulate
the most wealth. Isn't this what you want...?
Although African-American consumers spend over 1 Billion Dollars each day
on products and services, there are no regional or national Franchise Systems
which have instant Brand recognition in even the most basic of businesses.
There is an ever-growing number of African-American and Hispanic Franchisees, especially
in the Fast Food segment, but a noticeable absence of Minority Franchisors. Being a Franshisor
requires an existing profitable business owner to have an insatiable desire to expand. Converting
your present business into a well-balanced and carefully constructed Franchise System is what
Kushell Associates, Inc. can do for you. But you must have a 'burning desire' to expand your business
so your name is immediately recognized by customers in your geographic region and
eventually nationally.
Rather than you paying an ongoing royalty to a Franchisor, why not have a significant number of
Franchisees pay you a royalty. You'll have a business which has increased it's
asset value. Isn't this what you want?
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