Franchising has become a very popular business avenue today. According to the statistics of International Franchise Association, “there are more than 767,483 business arrangements in all domestic franchise systems, which results in employment opportunities for almost 10 million people, with direct sales amounting to $625 billion, and a payroll of $230 billion”. One of the main reasons for this trend is the need among people to become self sufficient.
Although the majority of franchise owners in the world is still males, there is a substantial growth of women franchisees taking up the challenge. It doesn’t require you to be a business expert to start your own franchise business. If you are a woman with courage, dedication, self confidence, common sense and of course a little amount of money, you are welcome in the world of franchising. Especially for the ones who are struggling to strike a balance between the career and family commitments, the flexibility of franchising would seem appealing. What if there is a way you can stay at home looking after your children while contributing to the family income at the same time? Franchising is one of the best options you have to do so.
Apart from having almost all the qualities to equally compete with a male franchisee, women have an edge over men in their ability to network, multi-task and delegate. Further women are well known for their politeness coupled with due care and respect for people. These inherent qualities are of utmost importance to succeed in a business such as franchising.
Further some franchise options ideally suit women instead of men. Bridal and Beauty-Care, Interior Design, Cosmetics can be given as examples. The probability of a women succeeding in these areas is higher than that of men partly due to her better knowledge and creativity and partly due to the above mentioned qualities of women which supersede men.
There is a significant potential in women in the area of franchising yet to be unleashed. There are plenty of courageous women whose success stories prove this argument. So if they can succeed why not you? Learn franchising, select your path, commit yourself and enjoy the world of success.