Tag: Franchising



Can Black-owned franchises narrow the wealth gap?

by Noel KingFor New Pittsburgh Courier(NNPA)—Growing up, all Ronald Smothers ever wanted was to own his own business. In the mid-’70s, armed with a degree from UCLA, he chose a career in franchise restaurants, opening a Burger King in Los Angeles’ Crenshaw neighborhood. He saw that times were changing and believed fast food was one way to fill a growing gap.