Joe Fox Franchise

Franchise Ownership Is Rising Among Women — Here’s Why It Matters Via Entrepreneur: https://tinyurl.com/5e3nbput. "When you’re a customer at a franchise restaurant, coworking space or retail store, you’ll usually find at least one woman working with customers on the front line. Today, it’s increasingly likely that there’s also a woman at the top, either as the owner or in a powerful executive position.

We celebrate women working as owners and leaders in the franchise industry every October 14th on Women in Franchising National Appreciation Day, which I’m proud to say my company founded in 2021.

It’s a day to acknowledge women working in franchising and highlight the spike we’re seeing in those entering the industry. We’re seeing it across all our brands, even those that were previously predominantly male.

Women continue to show growing numbers when it comes to franchise ownership across the country. About 30% of U.S. franchise businesses are owned by women, compared to 20.5% in 2013-2014.

I think more women are turning to franchising because they view it as a smarter and more secure path to business ownership; it offers (or should offer) training, setup, support, vendors, brand awareness, mass purchasing power and other critical backup. They recognize that because of these invaluable assets, franchises have a greater chance of success."

Have questions about franchise ownership OR franchising your existing business? Please feel free to reach out to me at [email protected] or (713) 936-4929. I am a Senior Franchise Consultant with over 30 years of business experience. My services are free and I'm here to help.