To be eligible, franchisors had to have an excess of 50 operating units.
WACO, Texas – The Dwyer Group, a holding company of seven franchise businesses, including The Ground Guys, has been named as one of the 50 top franchises for minorities by the National Minority Franchising Initiative (NMFI), which recognizes companies with a commitment to recruit and advance minorities within their company.
More than 400 franchises submitted responses to NMFI’s annual survey that asked participants to list minority participation among their existing franchised and company-owned units, as well as the minority representation among senior management.
“We are extremely pleased to see that, in ten short years, minority representation has increased remarkably in the franchising industry,” said Rob Bond, the founder of the NMFI. “Whereas minorities may have accounted for only 5 or 6 percent of total franchisees in 2000, the consensus is that today they account for well in excess of 15 percent. This is quite a remarkable testament not only to the industry’s reaching out to minorities, but to the underlying values and entrepreneurial talents that minorities contribute.”
To be eligible for this honor, the franchisors had to have an excess of 50 operating units. Each participating franchisor was required to submit its most recent franchise disclosure document and the marketing package that is sent to prospective franchisees, as well as a completed questionnaire.
“It’s an honor to be recognized on the ‘50 Top Franchises for Minorities’ list,” said Dina Dwyer-Owens, chairwoman and CEO of The Dwyer Group. “This achievement reinforces our goal and commitment to diversity within our company.”