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Franchising

Taco Bell launches Taco Bell Business School

Provided

January 19, 2022

Taco Bell has launched the Taco Bell Business School in conjunction with the Yum! Center for Global Franchise Excellence in partnership with the University of Louisville.

The first-of-it-kind franchise training program is designed to elevate restaurant leaders as entrepreneurs and break down barriers to franchise ownership, according to a press release.

Yum!, Taco Bell's parent company, launched the Yum! Center for Global Franchise Excellence with University of Louisville's College of Business in 2021 to unlock opportunities for underrepresented communities through education on the business of franchising. The Taco Bell pilot program will leverage this partnership to create pathways for restaurant leaders to advance in their careers while helping the brand build a more diverse franchise system.

"We know that fast food jobs are often seen as stepping stones to other careers," Mark King, Taco Bell CEO, said in the release. "And we're trying to change that. Through the Taco Bell Business School, we want to show our ambitious restaurant leaders how their careers could flourish at Taco Bell and see opportunities they may not have previously considered. We want to make foundational changes that positively impact our diverse team members' growth. This program will teach them skills they need to climb the ladder — whether that's moving up to the next level or even owning their own franchise one day."

The Taco Bell Business School is a six-week business bootcamp designed to teach top-performing restaurant leaders the fundamentals of franchise ownership, leveraging existing curriculum from the Yum! Center for Global Franchise Excellence, infused with a Taco Bell twist. The classes will provide accredited education and training on critical business and entrepreneurial skills, from financing, growth and development to marketing and HR. Taco Bell has partnered with its dedicated franchisees to share their expertise and inspire future franchise owners.

"When I first started working in a Taco Bell restaurant in 1983, I thought I would only stay for a few months," Tina Reagan, president and COO of franchise K-Mac Enterprises, said in the release. "Little did I know, I would end up staying for a few decades and eventually managing and operating 319 restaurants. As someone who started as a team member, I know firsthand that franchise ownership can be an intimidating path. But it's been very rewarding. I am proud to work for a company that is working to build a path to franchise ownership for restaurant leaders from diverse backgrounds across all levels."

Participants will be given scholarships to cover tuition for the program and will be recognized internally within the Taco Bell system for their accomplishment. The first class will start bootcamp in February.

"I believe that businesses and educational institutions have a responsibility to work ​together to break down barriers and create opportunities for those who wouldn't otherwise have them," Kathy Gosser, director of the Yum! Center for Global Franchise Excellence at University of Louisville, said in the release. "The close working relationship between Yum!, Taco Bell and the University of Louisville demonstrates the power of collaboration. Together we can help people learn new skills, fuel their entrepreneurial spirit and ultimately build a better future for generations."




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