Why Aren't There More Hispanics in Franchising?
Torres points to a low headcount in many franchisors' management and executive teams. "In general that is the handicap. When you don't have inside your company a workforce that can identify with that [at the executive or management level] it's tough to go after it," he says.
Guillermo Perales, the largest Latino franchisee and CEO of Sun Holdings, owner of nearly 400 franchises in the Dallas-Fort Worth area, including Arby's, Popeye's, Golden Corral, Burger King (BKC), CiCi's and Del Taco, says more franchisors need to incentivize their teams to bring on Hispanic franchisees.
"I don't think they're actively seeking [franchisees] because in their mind it's not a top priority," he says. "They don't have outreach programs to look or bring or incentivize some Hispanics to come into the system."
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