5 Top Franchising Opportunities For Women
Women entrepreneurs statistics show that 252 million entrepreneurs out of approximately 582 million in the world are female.
Women own 31% of small businesses or franchises in the US.
We have focused the recent blogs on the intertwining of women in the franchise industry. Franchising has been gaining considerable steam and is seen as a way for women to achieve their dreams of business ownership. The number of female franchise owners has doubled over
There are a variety of different franchises to choose from and we have compiled the list of five tremendous opportunities for women looking for a great franchise. This is just a few we decided to highlight.
5 Top Franchising Opportunities For Women
30 Minute Hit
30 Minute Hit is a women’s only gym that is dedicated to kickboxing. It empowers women of all shapes and sizes, ages, and abilities and other fitness levels to allow the best version of themselves to be possible.
The ideal franchisee of 30 minute hit is a highly motivated individual with entrepreneurial spirit. As long as the franchisee has a willingness to learn and understands the business system they are on track for success.
30 Minute Hit opened their first franchise unit in 2007. They have almost one hundred units. They have franchises in Canada and the USA.
ComForcare Senior Services
Comforcare is a non-medical home care provider that specializes in helping seniors over the age of 65 with assistance in their daily activities.
This is a scalable business model with unlimited earning potential. Potential franchisees only need a small office location outside the home and is a tremendous opportunity to build a big business.
This particular franchise has important statistics. 2/3 of the current home care recipients are over the age of 65. In the year 2000 over 600 million people were over age 60. By the year 2025 there will be 1.2 billion and over 2 billion by 2050.
What makes ComForCare a great choice is the multiple profit centres and extensive training, a turn-key operations system and support from the franchisor.
Mathnasium
Mathnasium focuses exclusively on math education. With mathnasium there are methods that help children learn the concepts faster and most importantly make the concepts stick.
Mathnasium has over 1,000 centers around the world. This is a great opportunity for shaping the future of education among the youth. This will also help increase the math scores among the younger generation and put them on the path for sustainable success.
With a large number of women in the education field, this makes Mathnasium a natural transition for entrepreneurship.
Wize Computing Academy
Wize Computing Academy is the best place for STEAM (Science, Technology, Engineering, Arts & Math) that cultivates expanding the mind of the youth and builds critical thinking, logic and reasoning skills.
The Wize Computing Academy will build skills in the youth that will prepare them to be solution oriented for the challenges of the 21st century.
There is very little overhead and franchisees do not need to sign a lease, remodel a site or buy expensive furniture and equipment.
Instead, Wize Computing Academy will use school classrooms through exclusive agreements with school districts.There are multiple revenue streams with this business and it
Mosquito Shield
Mosquito shield is a solid franchise option. Recent data points to the fact that mosquito shield has been the most popular and successful franchise among women. Mosquito shield focuses on mosquito spray and creating mosquito free zones that continually repel mosquitos and other harmful outdoor pests.
The total revenue in this industry is $9.359 billion in the United States in 2019 and 2018 had revenue of $8.971 billion.
This definitely a seasonal business but during the peak season it is a great opportunity for revenue to be made if you can find a way to corner the market. There is a one week training program for new franchisees that introduces them to all the intricacies of the Mosquito Shield business. Some of the key advantages of Mosquito Shield include the proprietary products and equipment. There is higher revenue per customer and higher profit margin. In addition, Mosquito Shield has the highest customer retention rate and the lowest franchise royalties at 7% compared to 10% and the lastly the lowest brand fund fee.
Which franchise interests you the most?
If you would like to know more about all the franchises in our inventory email us at bbfranchiseagency@gmail.com.