Women in Franchising

As the number of women in franchising grows. franchisors are naturally turning their attention to attracting female entrepreneurs. According to Price Waterhouse Coopers and the International Franchise Association, about 25% of franchises are owned by women.

FranchiseHelp.com conducted an informal poll to learn towards which franchises women trend. The answer was those that allow a flexible schedule, a daytime schedule, or relate to something they feel strongly about, like nutrition or pets. They identified popular franchise choices as Naturals 2 Go, Kumon Math & Reading Centers, Cleanpro Carpet Cleaning, and Bark Busters.

Patricia Deering of FranNet says that franchises typically begin at $50,000 and go up from there. “Usually, they need to have 25-30 percent of their own money and they need to be able to support themselves while they are growing the business.

For women who want to be in charge of their own financial destiny and can manage the up front costs, there are many franchise options. All franchises don’t require the hours of a fast food franchise. The key is to find the fit best for your background, interests, and lifestyle.