Women-owned franchises up almost 25 percent from last year
WEST PALM BEACH, Fla. — As more women choose the freedom and independence of owning a franchise business, their success in the industry will be recognized during the second annual Women in Franchising National Appreciation Day on Saturday, October 14. The holiday was established in 2022 by United Franchise Group™ (UFG) to celebrate all women working in the franchising industry, from owners to employees and those behind the scenes.
This year, UFG has partnered with the National Association of Women Business Owners (NAWBO), the unified voice of more than 14 million women-owned businesses in the United States. UFG is an affiliate sponsor of NAWBO’s National Women’s Business Conference, October 15-17 in Austin, Texas, and will host an informative and interactive workshop on franchising for attendees.
Their partnership brings the success of women in franchising, whose numbers are growing rapidly, to the forefront. Women own 29 percent of U.S. franchises in 2023, according to Guidant Financial – an increase of almost 25 percent from just last year.
“It’s an honor to collaborate with NAWBO on this special observance day, which we created to celebrate and inspire women working in the franchising industry,” said Ray Titus, Founder and CEO of United Franchise Group. “Franchising empowers women to succeed independently while giving them all the tools and support they need.”
UFG is the global leader for entrepreneurs, offering an international network of resources and expertise to franchise owners in its family of affiliated brands and consultants. Its members have amassed more than four decades of knowledge in the franchise industry.
“We’re happy to partner with United Franchise Group and share their organization’s franchising expertise with our members,” said Jen Earle, CEO of NAWBO. “Women-owned businesses are the fastest-growing segment of the economy, and UFG is working to help more women achieve their dreams through business ownership.”
The holiday falls during National Women’s Small Business Month, as declared by the U.S. Small Business Administration. Women in Franchising National Appreciation Day celebrates women who chose a career in franchising either as a franchise owner or work for a franchise brand while bringing attention to opportunities for women in this flourishing and exciting industry.
About United Franchise Group
Led by CEO Ray Titus, United Franchise Group houses a successful group of business-to-business franchise systems. Our franchised concepts specialize in personalized business services including signs, embroidery, and business brokerage. With over 30 years in the franchising industry and more than 1400 franchisees throughout the world, United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.
The conglomerate first began franchising with Signarama in Farmingdale, New York in 1987, which is now the world’s largest sign franchise touting locations in 62 countries. In 2000, the first FullyPromoted opened its doors in West Palm Beach, FL and further provided branding solutions in the business community with embroidery and promotional product services.
Today, United Franchise Group has more than 200 employees with established offices in the United States, United Kingdom, and Australia. Its corporate headquarters are located in West Palm Beach, Florida and also house a superior state-of-the-art training facility, where all new franchisees are welcomed to begin their journey into business ownership throughout the year.
The expertise of the team at United Franchise group provides the foundation for the continuous evolvement and growth of development services the company offers. United Franchise Group has established master licenses for its brands in more than 80 countries and has services that assist other franchise companies from conception to international expansion. In particular, World Franchisors was exclusively created by UFG to aide other franchisors in selling master licenses for their brands.
With the combination of award-winning franchise concepts, development services, and industry excellence, United Franchise Group is the global leader for today’s entrepreneurs.