Empowering Minority- and Women-Owned Businesses with Big Frog
At Big Frog, we’re committed to fostering diversity and helping women and minority entrepreneurs empower themselves on their journey as proud business owners. We believe in the immense potential of minority- and women-owned businesses and their invaluable contributions to the economic landscape.
Our commitment to diversity is reflected in our participation in the IFA DiversityFran program, offering qualifying female or ethnic minority groups (51% or greater ownership) a 10% discount off the initial franchise fee for your first standard location.
Minority- and Women-Owned Business Benefits
Minority- and women-owned small businesses are integral to the economy and are driving forces of innovation and change. According to the Center for Women’s Business Research, women-owned firms have generated $2.8T in economic contributions, employing nearly 16% of the workforce. Similar research by Boston Consulting Group highlights that stronger minority-owned businesses can rebuild inner cities, create jobs, and enhance the tax base. Yet, a significant number of these businesses start with no employees, emphasizing the untapped potential for wealth creation and job opportunities if more women and minorities decide to become employers.
The US Small Business Administration reports that small businesses provide 50% of private-sector jobs and 44% of the US payroll. These businesses also produce 13 times more patents per employee than large corporate competitors.
Bridge the Historical Wealth Gap
Historically, women and certain minorities have faced disparities in income and net worth due to limited entrepreneurial opportunities. While the gap still exists, the good news is that it’s closing, and we want to help it get there faster. Women have been outpacing men in receiving bachelor’s and master’s degrees in recent years, and entrepreneurship has further emerged as a powerful tool for increasing income and net worth, effectively narrowing the wealth gap between the sexes.
Inspire the Next Generation
As women and minorities continue to increase the number of businesses they own and the revenue they generate, their influence and visibility grow. This opens doors to participate in key decision-making roles, shaping policies and strategies that impact our society. By taking the lead in business ownership, women and minorities can be the change-makers they aspire to be, driving progress and equality. When women and minorities witness people who look like them achieving success in the business world, it becomes a source of motivation and belief that “If she can do it, so can I.”
“Empowering women and minority entrepreneurs in franchising isn’t just about inclusivity; it’s about driving economic progress. By offering a supportive framework, we empower individuals to forge their path in business ownership, knowing they have a dedicated franchise headquarters team and a franchise peer network to support them.” – Tina Bacon-DeFrece, Founder, President, & CEO, Big Frog Custom T-Shirts & More
Enjoy Flexibility and Skill Development
Small business ownership with Big Frog offers a unique blend of flexibility and skills development, providing women and minorities with industry opportunities that may not be readily available in corporate environments. As one of our Big Frog franchise owners you’ll be able to design your schedule and focus on what truly matters to you.
Take the leap by taking advantage of our franchise opportunity!
Join Big Frog on your journey to embrace entrepreneurship, seize opportunities, and lead the way to creating a diverse and inclusive business landscape.
