Fiesta Auto Insurance Is Named a Top Franchise for Hispanics

Black vehiclePeople looking to start their own business may want to check out Fiesta Auto Insurance. This year, the World Franchising Network named the company as one of the top franchises for Hispanics, and interested parties can begin a franchise with just $10,000.

A review of the company’s “historical performance, brand identification, franchisee satisfaction, training, on-going support and financial stability,” is used to create the list.

“This recognition is a testament to our talented franchisees and our commitment to growing with entrepreneurs who want to carry on the Fiesta Auto Insurance tradition of success in markets throughout the country,” Fiesta Auto Insurance founder and CEO John Rost. “We look forward to continuing to achieve many more successful benchmarks for years to come.”

Having a business, such as an auto insurance company, that is operated by and is marketed towards the Hispanic community may prove to be highly profitable for investors. The Hispanic market has been rapidly growing in the U.S. during the past several years. Researchers at the University of Georgia say that the group’s buying power was just under $800 billion in 2006.

About John Pirro
John Pirro is a licensed fire and casualty insurance agent specializing in various aspects of the auto insurance industry. He worked in the auto body repair industry before taking a reporting position at Online Auto Insurance News.

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