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How restaurant franchising is becoming more inclusiveHow restaurant franchising is becoming more inclusive

The industry is rolling out programs to attract women and people of color into franchising

Lisa Jennings, Executive Editor

March 14, 2022

11 Min Read
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For women and people of color, the path to restaurant franchise ownership is more open than ever before.

For years, the industry has pointed to barriers that have shut out underrepresented groups from becoming franchise owners. The most common barrier is the cost of entry and difficulty finding financing; traditional franchisors typically require millions in net worth or liquid assets.

But other barriers include a lack of education about running a franchise business, or not having the right connections in the industry.

After nearly two years of talk about the need to make franchising more inclusive, a number of programs have emerged and are now aggressively seeking candidates.

Some have been developed by large franchisors, like KFC/Taco Bell...

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About the Author

Lisa Jennings

Executive Editor, Nation's Restaurant News and Restaurant Hospitality

Lisa Jennings is executive editor of Nation’s Restaurant News and Restaurant Hospitality. She joined the NRN staff as West Coast editor in 2004 as a veteran journalist. Before joining NRN, she spent 11 years at The Commercial Appeal, the daily newspaper in Memphis, Tenn., most recently as editor of the Food and Health & Wellness sections. Prior experience includes staff reporting for the Washington Business Journal and United Press International.

Lisa’s areas of expertise include coverage of both large public restaurant chains and small independents, the regulatory and legal landscapes impacting the industry overall, as well as helping operators find solutions to run their business better.

Lisa Jennings’ experience:

Executive editor, NRN (March 2020 to present)

Executive editor, Restaurant Hospitality (January 2018 to present)

Senior editor, NRN (September 2004 to March 2020)

Reporter/editor, The Commercial Appeal (1990-2001)

Reporter, Washington Business Journal (1985-1987)

Contact Lisa Jennings at:

[email protected]

@livetodineout

https://www.linkedin.com/in/lisa-jennings-83202510/

 

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