When it comes to increasing the number of women in business, franchising has a strong part to play.
Some 30% of the UK's 40,000 franchisee businesses are owned and run by women, according to the bfa NatWest Franchise Survey. That's higher than the rate of female SME ownership across the UK - 18%, according to the Department for Business,
Innovation & Skills - but there is still more to do to make sure that franchising is seen as a great
option for women who want to start their own business. Read more about women in franchising
Exclusive Interview: "Women are actively encouraged in business by InXpress"
Although Rebecca Robyns enjoyed the freedom of being freelance so that she could manage her work/life balance while looking after two children, she was exhausted. After discovering InXpress and working for another franchisee, she decided to take the plunge herself and fully benefit from the tried-and-tested business model. She hasn’t looked back since.
Exclusive franchisor interview with Teresa Godbold, Homeclean
Teresa Godbold is director of Homeclean Franchise Ltd who started her domestic cleaning business, Homeclean, when Ishe was 24. 30+ years later and she is still talking to the same clients! Things have changed from running the agency in a one-bedroomed flat as she now has an office full of staff and serves around 10,000 clients in the Greater London area alone. To get an insight into this thriving franchise...Read more…
Back due to popular demand for 2016 is the 'British Franchise Association Women in Franchising Conference'. Taking place on Thursday 17th November, this women-only event is ideal for any woman in franchising; whether you are a franchisor, franchisee or industry supplier.
Hear from successful women in franchising, both franchisees and franchisors, talking about their journey into franchising, why they love franchising, and what their role as a franchisee/franchisor entails.
Rush Hair franchisee interview with Natalia Valenza
The winner's of this year's NatWest EWIF Awards have been announced. These awards are designed to celebrate the achievements of women throughout the franchise industry and help them to come together to recognise each other's successes.
Franchising is a popular choice for women looking to get back into work after having children. Franchising offers them the flexibility to fit a career around their family life; something that many would struggle with in a 9-5 job.
Read more about the benefits of franchising for women
Fresh challenge with Riverford Organics
It takes a lot of courage to give up a safe, well-paid job in London and move your family to deepest Devon to start your own business delivering organic vegetables. But that is exactly what Joanna Limb and her husband Phil have done, by abandoning their careers in, respectively, legal marketing and insurance, and taking on the Riverford Organic farmers franchise for North Devon.
Though your own personal banker may seem the obvious approach when looking for funding for a franchise, most will tend to have little knowledge of the UK franchise market. Banks with franchise expertise such as Lloyds Bank are a great source of impartial advice. They may offer you preferential terms as they are likely to have knowledge of the brand you are looking to invest in and may have already supported several existing franchisees so have a track record to work on.
Find out more about how Lloyds Bank can help you
Ask The Expert
Vicki Mitman QFP - Birketts
Vicki is an Associate Solicitor in the Franchising Team at Birketts and specialises in advising franchisors on a broad range of legal matters from drafting franchise agreements and franchise resale agreements to brand protection, network management and assisting with dispute resolution. Vicki also advises franchisees on the terms of their franchise agreement and assists franchisees looking to buy or sell a franchised business. Birketts is a full service law firm which advises on a range of commercial and corporate services together with employment, commercial property and dispute resolution.
Ask Vicki a question
If you are a women looking to get into franchising, whether it be buying a franchise or developing your own business into a franchise, there is an array of business events taking place that will help you to understand the franchising process. Or maybe you are a woman already in franchising, an existing franchisee or franchisor, and want to know more about developing your business, then there are also events suited to you.