WOW is right! Women in franchising are creating business ownership opportunities every day, adding value and access to wealth for themselves and their futures. By Dawn Abbamondi
Each year, we reach out to you, our readers, and ask you to nominate a woman franchisor who has gone above and beyond her business’s expectations and has inspired you the most. This year, results left us awestruck. We had more nominations than ever before!
Whether you are 28, 42 or 56, if you are considering a franchise now, choose with intent. If you are looking to provide a service that is not available in your market, you may choose to offer solutions to a specific and targeted age: young adults, working parents, or those in the sandwich generation – still raising their kids but helping to care for their aging mom or dad. By Dawn Abbamondi
The number of women in the franchising industry continues to grow. Today, women either own or co-own about 265,000 franchises in the U.S. To give that figures some context, that’s approximately 35% of all U.S. franchise outlets, up 24% from just a decade ago. But these numbers represent a mere snippet of the impact women are having on the franchising industry and the wider business world. By Sue Bennett
Each year we reach out to you, our readers, and ask you to nominate a woman franchisor who has gone above and beyond her business’s expectations and who has inspired you the most. This year we were excited about the number of nominations that came in and were genuinely motivated by their stories. These next several pages are a culmination of the top 50 nomination results.
As a co-chair of the International Franchise Association’s Women in Franchising Philadelphia Chapter, I make an effort to advocate for women in franchising and mentor younger – or less experienced – up-and-coming franchise leaders. This includes those people who are in roles as franchisors, franchisees and suppliers, helping to foster great relationships for existing and aspiring franchisees in local communities across the country. By Dawn Abbamondi
Franchising is no longer a man’s world. As of 2019, women own or co-own over 35% of the franchise outlets in the U.S. – around 265,000 – according to the Franchise Business Review research firm. And in some industries, such as interior decorating, they far outnumber their male counterparts. A June 2018 Forbes article reported that back in 1995, the proportion of women-owned franchises was less than ten percent. By Sherri Wehner