Co-Powering Entrepreneurs to Lift Our Communities
What is Social Equity Franchising?
Everytable’s Social Equity Franchise program is an initiative that brings together our grab-and-go retail concept + racial equity + business ownership + community reinvestment + economic development. The program is designed to address the racial wealth gap by supporting entrepreneurs from historically marginalized communities who lack access to capital and training needed to weather the ups and downs of business ownership.
THE WEALTH GAP
When considering unequal access to fresh food across Los Angeles, we also acknowledge an extreme racial wealth disparity resulting from decades of underinvestment and explicitly racist government and banking policies, also commonly referred to as “redlining” practices that denied communities of color access to capital essential for basic services.
All franchisee candidates will work in an Everytable location for at least six months, and participate in a year-long educational series to learn all elements of running a business — from accounting and hiring, to leadership and operations.
It is projected that by 2024, median Black and Latino households will own 60%-80% less wealth than they did in 1983. Research tells us that as a nation we will never close the racial wealth gap without concerted, sustained effort to transfer and invest capital resources into communities of color.
The Social Equity Franchise program is made possible through the support of foundations and donors who share a mission to foster economic empowerment among entrepreneurs from historically marginalized communities.
Become a Franchisee
Interested in becoming a franchise owner in the greater Los Angeles area? Fill out the form below to request more information.