Franchises for Moms becoming More and More Popular
The number of women involved in franchising has significantly increased over recent years. As it has become a greater financial necessity for both parents to be employed, the franchising option has become increasingly popular with moms.What Franchising Can Offer Moms
One of the main advantages of franchising for moms is that women can have a great deal of flexibility as a franchisee. The amount of flexibility depends partly on the type of franchise selected.This flexibility can offer moms the opportunity to enjoy a more balanced lifestyle. They can have a valuable career, earn a decent second income, and at the same time be available for their children.
According to a report prepared by Eric Stites, Founder and President of Franchise Business Review, out of approximately 2,000 women franchisees surveyed, 31 percent were working less than 40 hours per week and 14 percent less than 30 hours.
Quite notable, of the women in Stites’ study, almost 90 percent stated that they enjoyed at least some degree of flexibility in their schedules.
Further some moms have found that it makes sense to hire a manager for the franchise in order to work fewer hours. Although there is still the need to oversee the business, there is less time involved since the hired manager handles most of the day-to-day operations of the business.
Additionally, the fact that the business system is set up and ready to follow saves a great deal of time and effort versus starting a business from scratch.
What to Look for in Part-time Franchising
There are various web sites that you can research to find part-time franchising opportunities. However, it is important to thoroughly investigate any potential opportunity to confirm the legitimacy of the franchise.Take the time to locate some of the franchise’s units, and then make several inquiries to franchisees as to how many hours they actually spend working. You should also try to find out how many franchises have closed down within the franchise system over recent years.
Depending on the type of business, you may discover that the hours greater than what you might consider full-time. But at the same time the actual timing of the hours worked may be varied to fit better into family life than a typical nine to five job or another type of business ownership.
There are numerous part-time franchise opportunities. Some examples include cleaning, painting, financial services, photography, and travel services, to name a few.
Finally, one great advantage of part-time franchising in this manner is that it allows the franchisee to grow the business at her own speed; spending more time on the business as family life permits.
