The franchise UK industry enjoys considerable growth each year, which is why more women are interested in jumping on the franchise bandwagon. Since 2012, the number of women-owned franchises has gone up by 50%.
With more business sectors opening up like van-based franchises, women have more options to choose a business they can manage. Women will generally choose a business that they believe in; franchising gives them an option to choose a particular franchise that they care about.
Here are some reasons why women should invest in a franchise.
Flexible Working Hours
Women who happen to be mothers are always looking for an option to work from home franchises. Investing in a home based franchises or any other part-time franchises is the best way to get the best of both worlds! With a franchise business, women have the choice to work at flexible hours.
Now you can be a mother, a wife, and a businesswoman all at the same time. Franchise business is an excellent option because it provides the right balance that most women need in their life. There’s nothing better than the freedom to choose your working hours and franchise gives you this freedom. Here are the few reasons why mums should consider becoming franchisees
Strong Communication Skills
Women by nature are better at communications and establishing networks. They take a collaborative approach in their professional lives. New franchises UK gives women franchisees a chance to display their skills and business traits. The excellent communication skills will help you gain the key skills and networks needed for a successful franchise.
Guidance, Training, and Support
If you’re investing in a major franchise or low-cost franchises, you’ll get full support, training, and guidance from the franchisor. Investing in a franchise is a less risky option; hence, more and more women are interested in becoming a part of the growing franchise business opportunities.
Less Risky Investment
Being a part of the top coffee franchises is a safe and lucrative investment for women. Franchises have a higher rate of success as the franchisor provides regular training and new updates regularly. Instead of investing in a start-up women, prefer to invest in a franchise due to its high success rate.
Larger Variety of Business Sectors
Women prefer to become franchisees by investing in top franchises UK because it offers multiple options in different business sectors. Women are more interested in a business that they believe in and have the necessary experience with skillset.
This is the reason why we see more women franchisees running successful service-based businesses like childcare services, early childhood education, and catering services. Fast food franchises the UK is another favorite among women business owners because it offers a profitable business, with minimal investment and higher return on investment.
Easier to Fund
Funding a franchise is much simple than raising funds for your new business. Franchises are based on licensing which is considerably cheaper than coming up with your own brand. Since the franchise is already established on the market, the franchisee is not required to invest in advertising costs. This is one of the main reasons why women prefer franchising over start-ups.
