Over 5,723 Female Franchisees Surveyed to Reveal the Best Franchise Brands for Women in 2018
Portsmouth, NH — August, 30, 2018 — Franchise Business Review, the leading market research firm in the franchise industry, specializing in franchisee satisfaction and performance, announces the Top 50 Franchises for Women in 2018. The list of 50 franchises was compiled based on survey feedback collected from 5,723 female franchisees representing 240 franchise brands, between November 2016 and May 2018. Each franchisee shared her thoughts about her franchise in areas that are crucial to her success, such as leadership, training, and financial opportunity as well as work/life balance. The 50 best franchise brands for women can be viewed here.
“The franchise industry provides many options to women seeking business ownership on a full- or part-time basis in multiple sectors,” says Michelle Rowan, president of Franchise Business Review. “They operate their own business following an established, proven, successful system while being supported by their franchisor and fellow franchisees. This often translates into being able to open and grow their business faster than entrepreneurs who start a business from scratch.”
Between 2008 and 2018, female franchise ownership has increased by 54 percent, according to FBR data. “There is a tremendous increase in the number of female franchisees. Women are feeling more empowered,” remarked the Charles Willis, co-founder & president of the Pinot’s Palette franchise. “They continue to break down the long-held stereotype that business is a man’s world.”
FASTSIGNS’ CEO, Catherine Monson, says over the past few years their brand has also witnessed an increase in women franchisees. “In addition, we have seen a number of franchisees transition their business to their daughters, as well as more female spouses who have chosen to become active in the management of the business,” said Monson. “The beauty of starting a franchise is that there is no glass ceiling to break through because you are your own boss – it is very empowering.”
You can read more about the growth in female franchise ownership and hear from the franchisee owners themselves here, Female Entrepreneurs Weigh In on the Best Franchises for Women.
Franchise Brands with Greater Than 50 Percent Female Ownership
Research on the 2019 Top Overall Franchises is now underway. Franchisors who are interested in participating should visit: www.Tour.FranchiseBusinessReview.com/Awards2019.
About Franchise Business Review
Since 2005 Franchise Business Review, a franchise market research firm that provides the only rankings of franchises based solely on actual franchisee satisfaction and performance, has provided prospective franchise owners with valuable insight from current franchisees and franchisors with data they leverage to improve their brands via its independent surveys of franchisee satisfaction and franchise buyer experiences. Call (603) 433-2270 or visit www.FranchiseBusinessReview.com for more information.