Four Home Care Franchises Named Best for Women Entrepreneurs
Home care has continually become more recognized among the best-performing franchises and top opportunities in 2016 and 2017. Four franchises in the industry are now also standing out as some of the top franchises for women to open.
The companies that made the cut include Assisting Hands Home Care, FirstLight HomeCare, Home Instead Senior Care and Visiting Angels, according to Franchise Business Review’s Top 50 Franchises for Women in 2017.
There were 300 franchise brands in the running for the list as well as 6,400 female franchise owners who participated in the research for the list.
The companies were chosen based on owners’ responses to 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems. Some of these areas included leadership, training and support, financial opportunity and work/life balance.
“The franchise industry provides many options to women seeking business ownership on a full- or part-time basis in multiple sectors,” Michelle Rowan, president of Franchise Business Review, said in a press release. “The number of franchise opportunities can be overwhelming, so it’s critical to examine feedback from other female franchise owners on how well the franchise meets their expectations regarding support, work/life balance, financial opportunity, and other key areas of business ownership.”
For FirstLight Home Care in particular, this is not its first recognition. The franchise was named to the Entrepreneur’s Franchise 500 as well as the Franchise Times Top 200+ list 2016 and was number 21 on the Inc. 5000 ranking.
“We pride ourselves on maintaining gender equality and diversity throughout our franchise community, and this valued reward is just another sign that we are building our company in the best possible ways,” Jeff Bevis, FirstLight Home Care CEO, said in the press release. “Our female franchisees exhibit the passion and discipline that make them excellent leaders and owners.”
Women owners were also found to be extremely satisfied leading franchises, the survey by Franchise Business Review found:
- 90% of female franchise owners surveyed enjoy operating their business
- 88% enjoy being part of their organization
- 85% would recommend their franchise brand to others
- 84% of owners respect their franchisor
- 80% of owners believe their franchisor acts with a high level of integrity
See the full list of the Top 50 Franchises for Women in 2017.
Written by Alana Stramowski