WACO, Texas – (Nov. 29, 2010) – The Dwyer Group 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% of total franchisees in 2000, the consensus is that today they
account for well in excess of 15%. 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 based in Waco. “This achievement reinforces our goal and commitment to
diversity within our company.”
The results were featured in the Nov. 5th issue of USA
TODAY in the Franchising Today section.