Ownership of franchises by minority entrepreneurs in the US

18 Jul 2022

What percentage of franchises do minority entrepreneurs own?

A. 25.5 B. 5.5 C. 10.5 D. 15.5 E. 20.5

Answer:

B. 5.5%

As of my knowledge cutoff date in September 2021, the percentage of franchises owned by minority entrepreneurs in the United States was around 5.5%. This indicates that a small percentage of franchises are owned by minority entrepreneurs.

It is important to note that this data might have changed since then, so it is advisable to refer to more recent sources or statistics for the most up-to-date information on this topic.

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What percentage of franchises do minority entrepreneurs own?

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