What Makes Franchising a Great Business Model for Women ...

As women accede to growing financial power, better education and corporate expertise, and yearn for more independence, the timing for them to become business entrepreneurs has never been better. A number of the benefits recommend franchise ownership as a great business for women.

1. More opportunities to connect

Women tend to be more relationship-oriented and becoming part of a franchise system meets their need for interrelation, for forming bonds and working with peers toward a shared goal. Franchising makes great business for women if only because it offers them a way to become autonomous without relinquishing the sense of a shared endeavor and of being part of a community.

2. Proven model equals less risk.

While no business model is 100% safe, franchise ownership minimizes risk, thus scoring high with women entrepreneurs keen to avoid unnecessary risk-taking. Franchising provides you with a model which has already been tested and proven successful, thus allowing you to accelerate the start-up phase, which is a trial by fire for most entrepreneurs.

3. Moving right to generating profit

Franchising can help you move right to the profit-generating stage. Every business presupposes two basic stages: concept development and implementation. Given that, in the case of a franchise, the business concept has been developed and tested by the franchisor, you can plunge right into the implementation cycle. You can focus on the best strategies for drawing customers, rather than trying to assess the customers? needs and develop ways of catering to their needs.

4. Training & ongoing support

Remember: the parent company wants you to succeed, so they will be happy to help you every step of the way. Indeed, most franchisors provide initial training and ongoing support on several levels. Whenever in doubt about the best course to take, you can seek advice from people who?ve been faced with similar challenges and who take a keen interest in your success.

5. Easier access to funding

Another reason to consider franchising is the fact it can provide easier access to funding. It is much easier to get to a loan for a franchise than for a start-up independent business because franchises represent an established brand and are deemed more likely to succeed.

These are just a few of the things which make franchising great business for women. However, it can be quite daunting to find the franchise best suited to your needs. It is essential to embark on a soul-searching process before contemplating any particular franchise. This is where a qualified franchise adviser can lend a hand, helping you assess your strengths and weaknesses and providing you with more effective search criteria.?Furthermore, a specialized franchise advisor can guide you through the due diligence process and point you to the many financing sources within reach, even in the current economy.

For more information on how a franchise advisor can help you explore great business for women, visit www.ClearChoiceFranchising.com.? There is no cost or obligation for our service.

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