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Mayor Announces Program to Drive Participation in Franchise Businesses South of Dallas

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Dallas Mayor Eric Johnson said Thursday that his office will oversee a new program to help small business owners expand and help aspiring entrepreneurs acquire existing franchises to start their own businesses. announced that it is

Johnson said the mayor’s franchise initiative, which launches next year, will focus on guiding residents through the process of licensing and operating franchise businesses such as restaurants, tax offices, barbershops, beauty salons and other small ventures. rice field. This initiative focuses on promoting economic activity and economic independence in South Dallas.

Johnson appointed local attorney Carlos White, who specializes in franchise and distribution law, to lead the project in an optional capacity. He fleshes out the concept, including calculating the cost of the program and determining how many people it will reach.

“Some people have great ideas, and we want to help them turn those great ideas into great, successful businesses,” Johnson said. It’s meant to really help the

The initiative is the latest plan released earlier this year by the Mayor’s Office related to workforce development and is focused on helping South Dallas residents improve their income potential. Earlier this year, Johnson appointed Lynn McBee to a similar volunteer position to lead efforts to improve job opportunities for residents. McBee is CEO of Young Women’s Prep Network, a series of University of Texas preparatory schools for girls.

One of those plans is Workforce Dallas. This is a strategy to work with non-profit organizations to reach out to residents in low-income areas of the city and connect them with employers who offer training and placement opportunities.

McBee said in June that he hopes the initiative will help up to 10,000 residents improve their job skills each year.

The franchise initiative will launch in early 2023, with classes to provide people with guidance on networking opportunities, strategies, and financing options to further develop their business, White said. He said he hopes to set up an advisory board by the end of the year, and Williams noted that chicken licensing companies have expressed interest in joining the program.

A study commissioned by Johnson and published last year found that Dallas residents over the age of 25, especially in South Dallas, lack opportunities to learn new job skills and advance their careers. As a result, many are unable to earn more money and are forced into low-paying jobs with high health risks. Lack of opportunities also contributes to intergenerational poverty.

About 480,000 of Dallas’ 1.3 million residents are working-age adults, and 40 percent of households are low-income, according to the report. Survey results show that residents aged 45 to 64 are the least educated age group in Dallas, with 54% of white workers in jobs earning $32,000 or more annually, while Hispanics 16%, 15% black, 15% black. People of Asian and other ethnic groups.

Johnson said he believes there are many businesses south of Dallas ready to expand right now, but he needs help getting there.

“Enthusiasm may not come with the necessary knowledge of hard business principles and concepts to make a business as profitable as possible,” Johnson said. “They exist, they make some money, but they could be making more money, which could be given back to the community.”

He said the city would need to invest more in people south of Dallas than in land to close the disparity gap caused by neglect and investment abandonment of the historic city.