Is Franchising For You?
Women interested in being their own boss without starting from scratch are increasingly opting to open a franchise. A new franchise business opens every eight minutes, Monday through Friday.
After being laid off from her employer of 33 years, AdvantaClean franchise owner Erin Dillon was done with corporate America and ready for something different. “I didn’t want to abandon my previous
skill set as a business systems analyst, I wanted to grow it into something bigger,” she tells PINK.
Next, “I looked for a model that fit my requirements forprofit margins, growth potential and new challenges,” Dillon says.
In contrast to startups, franchises already have a proven track record. A new franchise is 2.5 times more likely to prosper than an independent business, and worldwide franchises create roughly $2 trillion in yearly revenue.
The WFC provides resources for women interested in franchising, like access to first-hand experiences of others and current franchising opportunities.
To browse new, international and green franchises by industry, check out Franchise Direct.
Bonus PINK Link: Still unsure if a franchise for you? Let PINK help you decide.
By Noelle Jackson
“Success is getting what you want; happiness is wanting what you get.” Author Unknown
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