7 Key Reasons Why Women Franchise
November 20, 2009 – 7:30 pm | by admin1) Increased Flexibility
Women franchise owners report that the ability to be their own boss and be in charge of their own working routine, makes franchising an ideal option for them. Business women can ditch the inflexibility of corporate life for the freedom of business ownership, and women from other walks of life see franchising as the perfect route into the business world.
2) Support Readily Available
Women are by nature supportive and work well in atmospheres where support is readily given and received. Franchisors give all the practical support needed to start a business, and continue to do so throughout the franchise contract. Many excellent franchises also encourage active networking and support between franchisees and give all the training that is required to build and grow your business.
3) A Fresh Start
Re-entering the working world after a break looking after children, can seem like a daunting prospect. Some women feel out-of-date professionally, or have lost their previous business network of clients and colleagues. Starting a franchise can provide the opportunity to do something fun and totally different.
Franchisors are often looking for women-returners as they are confident they can help potential franchisees apply their skills in a new context, they do not have to have a background in the industry concerned.
4) Lower Risk
“A third of the female population would start a business if it wasn’t for the fear of failure.”
Global Entrepreneurship Monitor 2003.
Franchises are tried and tested formulas, franchisees are buying into a business that they already know works. Many women hold the family purse-strings, and juggle a string of family obligations and can feel risk adverse. Franchising is a reassuring, low risk option for starting a business.
5) Franchises For All Interests
Franchises can be found in a huge variety of industries and interest areas. Women have found franchises which match their hobbies (e.g. dance and drama), their educational background (e.g. tutoring), or their personality style (e.g. business and social networking). Some franchises are also particularly designed with women in mind, and sell goods and services for a female audience (e.g. jewelery and clothes), and some franchises are perfectly suited to women with experience in child care and children’s activities.
6) No Need To Reinvent The Wheel
Women are, by nature, efficient and pragmatic, and which makes franchising appealing as there is no need to reinvent the wheel. The business has already been created, and the formula is proven. Women can launch their businesses and start earning income within a matter of weeks.
7) Earn A Full-Time Salary In Part-Time Hours
This has got to be every woman’s dream! With franchising it is really possible. Many franchises can provide an excellent income for those that only want to work a few days a week, or only during school hours, or in the evenings. Women find their working life becomes more fulfilling and lucrative through franchising.