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Minority Matters

Pick a resource and get all the help you need to overcome your obstacles.
January 1, 2003
URL: http://www.entrepreneur.com/article/58124

Minorities who dream of buying a franchise often encounter obstacles on the way to reaching their goal. Some have simple answers; some require coursework. Some, especially those of the monetary variety, take real resolve to overcome. How do you really get franchise financing? Even in these toughest financial cases, minorities do have resources to help them out:

Would You Like Fries With That?
$1,000 The least expensive franchise in the 2003 Franchise 500®

$259,000* The average cost of buying a franchise

$438,000 What you can expect to pay for a fast-food franchise

$50 million The most expensive franchise in the 2003 Franchise 500®

Source: Entrepreneur's Franchise 500®
*Average cost excludes hotels.