Franchise business options for women
Women have options galore for franchisee business
Franchisee business models offer a great way for aspiring women to get introduced to the world of business and self reliance. Here is a look at the top five franchisee businesses that a woman entrepreneur could consider to ease her way into the world of business:
The beauty industry is one of the sunshine sectors of the franchisee business model in India. India's retail cosmetic and beauty industry is valued well over $950 million by various experts and is likely to reach a substantial growth figure of $2.68 billion in the next five to six years.
There are various sub sections for the women entrepreneurs to choose from in the beauty industry. It depends on their choice of suitable franchisee brands as well as their investment criteria. From core beauty services like beauty parlors to specialized spas and beauty lounges, the options are endless.
Top 5 brands offering franchise opportunities in beauty:
- Lakme Beauty Salons
- Jawed Habib Hair & Beauty Salon
- Shahnaz Husain Spas and Salons
- Dr. Batra’s
Not only are women more naturally inclined towards teaching, there is an ever growing market for pre-school as well as play schools across the country. Unlike a lot of other sectors that have limited growth in smaller cities and semi urban areas, pre- schools and play schools have no such limitations.
Most of the pre-school franchisors provide staff recruitment and training making it easier for women to hop on to the business bandwagon. Pre-schools and play schools seek a low initial investment and can be operated in small areas of around 1000 to 1500 square feet. Most pre-school and play school franchisees require less than Rs 10 lakh as investment making it less risky for first-time entrepreneurs.
Top five brands offering franchise opportunities in pre-school:
- Euro Kids
- BlueBell Montessori
- Jumbo Kids
- Hello Kids
Fashion & Jewelry Franchise:
If there is one thing that is associated with women over a period of time, it has to be fashion and jewelry. With changing times, the purchasing pattern and behavior of consumers has also changed. Today's young women like to flaunt their attires and jewelry rather than stacking them.
The popularity of hallmarked jewelry, which is certified for purity, means people prefer branded jewelry compared to traditional jewelers. This again is a great opportunity for franchise owners especially in tier 2 and tier 3 cities to explore as a definite business strategy.
Top five brands offering franchise opportunities in fashion & jewellery:
- Maya Jewels
- Gini & Jony
Health and Wellness:
If you are a fitness enthusiast the ever-expanding health and wellness sector offers a great franchisee business opportunity. With increasing hectic schedules and a rise in working couples, people are more prone to getting their bodies fit while spending on gyms and other specialized health care centers.
Irrespective of the location including metropolitans or tier 2 or tier 3 centers, the popularity of health and wellness centers is rapidly on the rise. Entrepreneurs can choose from slimming centers to standalone gyms to aerobic centers to yoga and dance centers as possible franchisee options.
Top five brands offering franchise opportunities in health & wellness:
- Mickey Mehta 's Health Beyond Fitness
- Dr. Reddy’s Pathlab
- Thyrocare Technologies Ltd.
- Snap Fitness
The food business continues to be one of the most impressive franchisee business opportunities in India. Food business is ideally suited for women entrepreneurs as women have a natural trait of hospitality and catering in their personality.
A large number of gourmet restaurants have been offering franchisee models in various centers. There is a tremendous opportunity to indulge in a franchisee of high-end gourmet for smaller centers offering the likes of Mediterranean cuisine or Japanese cuisine or some exclusive baked items or ice creams brining in a novelty and exclusivity to the business.
Top five brands offering franchise opportunities in food:
- Mad Over Donuts
- Gujarat Co-operative Milk Marketing Federation
- Marry Brown
Have you ever faced any challenge while starting your own franchise business as a woman? Please share your experience with us.