The franchises were selected based on candid feedback from 6,400 female franchisees

February 3, 2017 – Portsmouth, NH – Franchise Business Review, a national franchise market research firm that provides the only rankings of franchises based solely on actual franchisee satisfaction and performance, announces the release of its list of the 2017 Top Franchises for Women. The list of 50 franchises was compiled based on survey feedback collected between July 2015 and December 2016 from 6,400 female franchisees representing 300 franchise brands. Each shared her thoughts about her franchise in a variety of areas that are crucial to her success including leadership, training, and financial opportunity as well as work/life balance. The Top Franchises for Women list is available for free at www.FranchiseBusinessReview.com.

“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.”

Franchise Business Review’s 2017 Top Franchises for Women Survey Data Highlights

Work/Life Balance of Female Franchisees by Sector*

  • Cleaning – 71%
  • Travel – 66%
  • Fitness – 63%
  • Business Services – 62%
  • Retail – 55%
  • Child – 55%
  • Automotive – 54%
  • Food – 53%
  • Sports & Recreation – 51%
  • Home Services- 49%

* % indicates responses of balanced or very balanced.

Overall Work/Life Balance of Female Franchisees

  • 54% of female franchisees overall say their work/life is balanced or very balanced

Hours Worked/Week: Female vs. Male Franchisees

 40-50 hours/week: median number of hours female and male franchisees work

  • 44 hours/week: actual number of hours female franchisees typically work
  • 48 hours/week: actual number of hours male franchisees typically work

 Overall Satisfaction of Female Franchisees*

  • I enjoy operating this business  – 90%
  • I enjoy being part of this organization – 88%
  • Would recommend my franchise brand to others – 85%
  • I respect my franchisor – 84%
  • I believe my franchisor acts with a high level of integrity – 80%
  • Would “do it again” knowing what I know today – 74%

* % indicates positive responses.

Demographics of Female Franchisees

  • Education: 41% bachelors degree; 20% high school graduates; 19% masters degree; 17% associate’s degree
  • Age: 67% are 45 or older; 34% 45-54 years old; 24% 55-64 years old; 23% 35-44 years old;

10% 25-34 years old

  • Years in business 31% 2-5 years; 26% less than 2 years; 25% 10+ years;

17% 6-9 years

About Franchise Business Review 
Since 2005 Franchise Business Review, a national 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.