PAST WEBINAR: Growing Your Business Through Franchising
From the National LGBT Chamber of Commerce:
IFA & NGLCC Present: Growing Your Business Through Franchising
Wednesday, January 27th, 2021
1:00 pm - 2:00 pm CT
Join the National LGBT Chamber of Commerce, the business voice of the LGBT community, and the International Franchise Association (IFA), the world's largest membership organization for franchisors, franchisees and franchise suppliers, as we explore education and growth opportunities through franchising for the LGBT/diverse business owner communities.
Hear from industry leaders, successful entrepreneurs, and fellow LGBTBEs about the opportunities to scale your business through the special IFA/NGLCC partnership.
Franchise businesses operate in hundreds of business lines, including food and beverage, automotive, education, fitness, residential services, senior health services, salons, and hotels. The vast majority of these franchise owners are small business owners in every sense. According to industry research firm, FRANdata, 75% of all franchise owners have fewer than 20 employees. Franchising is also more diverse than non-franchise businesses: nearly 30% of franchises are minority-owned, compared to 18% of non-franchised businesses.
Franchises offer ongoing support: training, national and regional advertising, operating procedures, operational assistance, ongoing supervision and management support, increased spending power, and access to bulk purchasing.