Tough Times Never Last, But Tough People Do
Why Women in Franchising? Here are the reasons behind it[/b][/b]
Women tend to be great organizers[/i][/i]
They can prioritize well[/i][/i]
They have an eye for detail. [/i][/i]
Women often have the ability to think quickly, improvise, and adapt when necessary. [/i][/i]
Definite strengths when it comes to operating a franchise. [/i][/i]
Women possesses have strong networking and communications skills. [/i][/i]
Music to a franchisor's ears as communication with the franchisor, vendors, and customers is imperative. [/i][/i]
Female business owners also tend to be more financially conservative and willing to start small on their way to growing big. [/i][/i]
This is the kind of business approach and philosophy that is perfect for opening, operating, and growing a franchise. Franchisors know it. [/i][/i]
After reading so lot of optimistic views over women leading the franchising world; I guess there is no other opposition left for denying the above fact.
Hence the business world is no longer dominated by men, now women having fierce into this world. 10 percent of all companies established between 1975 and 2000 were women-owned franchises. International Franchise Association (IFA) estimates the percentage of women operating franchises to be 25 percent - and that doesn't include another 17 percent of the population where men and women operate franchises as partners. KIDS GURUKUL, [/b]FUNKY FISH, MISS MARBLES, NAIRA, MYTOYHOUSE etc are some of the examples of women owned franchisors. Today when you see women not less than anyone, and has captured all the fields wherein a man masters; proves the ability of women. There are more than lakh of franchisors owned by women; the only thing being that they aren’t known to everybody. Women enjoy their personal and professional life and hence set a balance among everything, and hence making it more appealing for being one’s own boss. Franchising builds confidence in women to rebuild the skills and knowledge in a supportive and successful environment. In India there are very few women who are involved in franchising, but when you see the stats in US one can see that women engaged in franchising are many. A study shows that 23% of new franchisees in 2007 were female. The number of franchisors looking for women franchisees in particular has tripled since 1995. Over 30% of all new businesses in the UK are started by women - that’s over 130,000 businesses each year!
68% of women view bank borrowing as a business tool to grow their business, compared to the 20% of men who actively avoid bank borrowing.
Franchising is ideally suited to women! Research shows that 15% of women, in comparison to 5% of men own part-time businesses. Franchising gives women the opportunity to continue the childcare role at home, and provides them with the perfect balance between work and personal life.
No experience necessary! 45% of female franchisees in the UK chose a franchise in a different industry from their previous jobs.
Buying a franchise package includes all the training, help, and support needed to start your own successful business. This provides women with the opportunity to enter into a franchise business in which they have no previous experience.
When such thing is possible in US then why not in India, wherein there are lots of opportunities available, and you just have to grab them and strike while the iron is hot.
Why Women in Franchising? Here are the reasons behind it[/b][/b]
Women tend to be great organizers[/i][/i]
They can prioritize well[/i][/i]
They have an eye for detail. [/i][/i]
Women often have the ability to think quickly, improvise, and adapt when necessary. [/i][/i]
Definite strengths when it comes to operating a franchise. [/i][/i]
Women possesses have strong networking and communications skills. [/i][/i]
Music to a franchisor's ears as communication with the franchisor, vendors, and customers is imperative. [/i][/i]
Female business owners also tend to be more financially conservative and willing to start small on their way to growing big. [/i][/i]
This is the kind of business approach and philosophy that is perfect for opening, operating, and growing a franchise. Franchisors know it. [/i][/i]
After reading so lot of optimistic views over women leading the franchising world; I guess there is no other opposition left for denying the above fact.
Hence the business world is no longer dominated by men, now women having fierce into this world. 10 percent of all companies established between 1975 and 2000 were women-owned franchises. International Franchise Association (IFA) estimates the percentage of women operating franchises to be 25 percent - and that doesn't include another 17 percent of the population where men and women operate franchises as partners. KIDS GURUKUL, [/b]FUNKY FISH, MISS MARBLES, NAIRA, MYTOYHOUSE etc are some of the examples of women owned franchisors. Today when you see women not less than anyone, and has captured all the fields wherein a man masters; proves the ability of women. There are more than lakh of franchisors owned by women; the only thing being that they aren’t known to everybody. Women enjoy their personal and professional life and hence set a balance among everything, and hence making it more appealing for being one’s own boss. Franchising builds confidence in women to rebuild the skills and knowledge in a supportive and successful environment. In India there are very few women who are involved in franchising, but when you see the stats in US one can see that women engaged in franchising are many. A study shows that 23% of new franchisees in 2007 were female. The number of franchisors looking for women franchisees in particular has tripled since 1995. Over 30% of all new businesses in the UK are started by women - that’s over 130,000 businesses each year!
68% of women view bank borrowing as a business tool to grow their business, compared to the 20% of men who actively avoid bank borrowing.
Franchising is ideally suited to women! Research shows that 15% of women, in comparison to 5% of men own part-time businesses. Franchising gives women the opportunity to continue the childcare role at home, and provides them with the perfect balance between work and personal life.
No experience necessary! 45% of female franchisees in the UK chose a franchise in a different industry from their previous jobs.
Buying a franchise package includes all the training, help, and support needed to start your own successful business. This provides women with the opportunity to enter into a franchise business in which they have no previous experience.
When such thing is possible in US then why not in India, wherein there are lots of opportunities available, and you just have to grab them and strike while the iron is hot.