Franchises are almost 50 percent more likely to be minority-owned than non-franchised businesses. If this ruling stands, minority Americans won’t get that chance.
How This New Government Ruling Destroys the Franchise Business Model
By Heritage Foundation James Sherk——Bio and Archives--August 28, 2015
The National Labor Relations Board (NLRB) just issued a ruling likely to destroy the franchise business model.
To understand how far-reaching this could be, it should be noted that almost 9 million Americans work at over 780,000 franchised businesses.
From Jiffy Lube to Terminex to Wendy’s, franchises enable many Americans to run their own small businesses without having to design and market everything from scratch. Franchising is a particularly important opportunity for minority entrepreneurs.
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