Apr 11, 2024
In the lively business sector, a notable shift has been noticed over the years regarding business ownership, women are increasingly making their mark, particularly in the domain of franchising. The latest research and statistics confirm that women are more keen on shifting their career paths from employment to self-employment. Among the many business choices available female entrepreneurs prefer to take up their profession in the franchise industry. This trend is not just limited to India, but it is happening all over the world.
The global franchise market has witnessed a significant surge in women-owned businesses in recent years. According to the International Franchise Association (IFA), women-owned businesses now represent nearly 35% of all franchise businesses worldwide. In India, this trend is also gaining momentum, with an increasing number of women opting for franchise ownership as a pathway to entrepreneurship. Thus, creating ample of franchise opportunities in India for women.