>The unique business model of franchising breaks down advertising hurdles, legal hurdles, and other start-up costs. Even during the highest inflation in 40 years, franchising protects aspiring entrepreneurs against high costs because brands build economies of scale with suppliers.
>All of this is expanding the business opportunity to become an owner to groups of people who might otherwise never take the plunge. Approximately 26 percent of franchises are owned by people of color, nearly 10 points higher than other independent businesses, and 70 percent of franchisors report a veteran opened a franchise location in the last year.
>Nearly one-third of franchisees who responded to a national survey reported they would likely not be able to own a business themselves without franchising.
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