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The Franchise Business Model; Opportunities Galore For Women
by FranchiseKing, Guest Blogger
- Created: September 22, 2009, 6:47 am
I wish more women knew about franchising. {Or at least knew
of the possibilities}
Most of the folks that contact me to inquire about my
franchise consulting services are men. {75%) Why is that? Are men more
interested in owning their own businesses? Are more men than women losing their
jobs this year? Are men bigger risk-takers?
Now, I said that more men contact me for information on franchising. Maybe women are just as
interested in becoming franchise owners as men are, but they just don't reach
out for more information as much.
Here is why this topic interests me;
When I present live franchise seminars and classes to
groups, the audience is usually fifty percent men, and fifty percent
women. That tells me a lot.
Maybe it's in the marketing. Are franchise companies
targeting more men than women? I guess it depends on the specific franchise
concept. For instance, when Curves first came out, whom did they target as
prospective franchisees? Well, women for sure, but more importantly, Curves
members.
Take Gayle Nash, a Curves target franchise owner back in
2004;
'I
was putting on too much weight,' said Gayle Nash, a 64-year-old former
college professor and dog enthusiast. 'I was not able to show dogs without
getting completely worn out. I started dieting but knew I would have to do some
exercise.'
Nash
joined a Curves center in her eastern Michigan hometown and in four months lost
30 pounds and 15 inches. She was able to keep up with her retrievers in
competition. On a whim, she investigated the purchase of a franchise and within
months had retired from teaching, sold her house and bought the Curves
franchise territory in West Chester.
'I
fell in love with Curves,' she said. 'It's for women like me - older
women - having fun and reaching their goals.' Read the entire article here. *
There
are even franchise directories that focus just on women. Recently, I randomly
clicked on this one;
The
three 'featured' franchises for women consisted of a tutoring franchise that
makes house calls, a residential cleaning services franchise, and even a
non-franchise opportunity in the vending arena, massage chairs.
Here's
what is interesting, though. Any one of
these franchises could be purchased by men.
So, is
it the marketing? I'll let you ponder that one.
I
randomly went to another franchise directory, this time the USA Today Franchise Ownership Center. * They
had three franchises displayed prominently, via video links. They were;
-
FiltaFry Cleaning
-
PostNet Business Center
-
Floor Coverings International
Who
are these franchise companies targeting?
FiltaFry is a mobile service franchise for the
micro- filtration of cooking oils and the vacuum cleaning of frying equipment
in restaurants.
PostNet
is a retail franchise that offers digital services, copying, printing,
packaging and shipping for the local small business market.
Floor Coverings International guides and inspires homeowners, right in
their own homes, to select from over 3,000 flooring products. The franchisee
does the sales and then has installers do the physical part of the sale.
Do you
feel that both men and women could be franchise owners of these three franchise
concepts?
In the
first one, why couldn't a woman do the actual work part of the business? Of
course, she could also choose to manage the crews, right?
Running
a retail franchise that has a B2B twist to it is most certainly non-gender
specific, so a woman could easily become a franchisee of PostNet, if she
qualified financially, and was right for the business.
Floor Coverings International is
a franchise concept that allows customers to shop in the comfort of their own
homes, and definitely has an interior designer feel to it. I happen to know a
lot of women who happen to be terrific at anything that has to do with décor.
In summation, the purpose of this
article was to really get you thinking about the types of opportunities that
are available, and to share a little bit about how franchisors market their
concepts, to men and women.
Women-Owned Business Information from Business.Gov
{The Franchise King, Joel
Libava, is president
of Franchise Selection Specialists
Inc. Joel helps those interested in exploring
franchise ownership all
over the country
find great opportunities
that are a great match for them. He is frequently called on
by the media for his no-spin insights on the world of franchising.
You can follow
Joel on his award winning blog-The Franchise King Blog.}
* This hyperlink goes to a non-government website
About the Author
The Franchise King®, Joel Libava, is the author of the book, Become a Franchise Owner! He's also a franchise ownership advisor; Joel teaches people that are interested in franchise ownership how to properly select and carefully research franchise business opportunities so they can increase their odds of success.
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Comments
smallbiztrends | Guest Blogger | 9/24/2009 - 9:00 am
FranchiseKing | Guest Blogger | 9/24/2009 - 11:39 am
melanies | Performer | 2/13/2010 - 9:26 am
larrycarnier | Performer | 10/22/2010 - 6:31 pm
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