Women of Substance
Who says it's a man's world? These women entrepreneurs have found exactly what they want in franchising.
URL:
http://www.entrepreneur.com/magazine/entrepreneur/2003/november/65012.html
On her 1967 B-side, "Do Right Woman, Do Right Man,"
Aretha Franklin sang, "They say that it's a man's
world/But you can't prove that by me." Apparently, you
can't prove that by franchising, either. Women are turning to
franchising to achieve a variety of goals, from supplementing
family income to heading a large chain of stores.
"Franchising has become so broad-based, almost every
conceivable business can be franchised. That gives women all kinds
of opportunities to pick the sort of business they want to be in,
whether it's a job that requires a great deal of time and lots
of hours per week or it's on a more low-key, part-time
basis," says Nancy Smith, chair of the Women's Franchise
Committee, an International Franchise Association group dedicated
to encouraging women to participate in franchising.
"There's a growing acceptance of women in business, and
franchise systems are encouraging women to join," says Smith.
Many women joining franchises are finding more possibilities and
fewer challenges than they would in the corporate world.
"Women in franchising have a lot of opportunities right
now," Smith says. "Women have gained larger and more
impressive roles in the franchise community. The future is
bright."
Here are the stories of three women who are taking advantage of
all that franchising has to offer.
Bright Lights, Big
Business
Donna Curry had a hunch. While working as a camera girl 20 years
ago at the Riviera Hotel in Las Vegas, Curry and her then-husband
first learned about a little franchise called Subway.
"An acquaintance in Newark, Ohio, the little town we moved
from, had three stores. We decided if someone could be successful
in the little town we were from, Las Vegas would be a really good
market," Curry says. "I took [out] a home equity loan to
buy the first store."
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In August 1983, the couple opened their first Subway franchise;
Curry, now 51, served as manager. Within nine months, the couple
opened a second store; soon after, they built their empire to four
stores, all of which Curry managed. By the time the couple opened
their fifth Subway, Curry moved out of the stores and into an
office where she could run the operation.
Throughout her early days with Subway, Curry didn't see any
additional difficulties associated with being a female franchisee.
"I believe a person becomes successful by getting in there,
leading by example and working hard," she says. "People
look at you more as a person and how driven you are and [how] hard
you've worked to get where you are."
Proving her theory that diligence pays off, a year after joining
the Subway system, Curry became a development agent, serving as an
independent contractor for Subway and selling franchises. "I
knew I wanted to be a multi-unit owner, so why not go ahead and be
a development agent?" Curry says.
Curry and her husband divorced four years ago and divided up the
stores they personally owned as well as their territories. Today,
Curry's territory includes 78 stores, 19 of which she owns
personally. An additional 19 are under construction this year (four
are Curry's), and Curry expects 25 new Subways to open in Las
Vegas in 2004.
Though hard work is the quality she values most in franchisees,
both male and female, Curry does believe most women have other
qualities important for franchising success. "Franchisees are
the ones dealing with the public and employees, and women have a
little advantage over men in that [respect]," she says.
"Women are good at multitasking and problem solving...they
make great franchisees."
Age Is Just a
Number
Gina Jacoby was just 25 when she opened her first Merle Norman
Cosmetics Studio franchise in Van Nuys, California. Though the
idea of becoming a franchisee at such a young age can be something
of an uphill battle, Jacoby had a secret weapon: five years of
experience with the company behind her.
"Because I had worked at another franchise location, [the
corporation] knew I was serious," she says. "Of course, I
had to prove myself and let them know [I wasn't] joking around,
that this was something I really had a passion for." Thanks to
her time as a Merle Norman consultant and her training in
cosmetology school, Jacoby earned her franchisor's full
support.
But that wasn't the end of her campaign-there were landlords
and banks that Jacoby had to win over. "I definitely had
[challenges]-being young, not really having much credit, just
graduating [from] college. They didn't know if I had the
knowledge or the gumption to really make it work," she says.
"I had to research and know what I was getting into to say,
'Just because I'm a woman and 25, it doesn't mean
I'm not going to give it my all. This is what I want to do for
the rest of my life.'"
Jacoby did plead her case well, and using an inheritance for
financing and her brother for labor, she was able to open her first
store in 1999. During the start-up phase of her franchise, she took
business classes through the Service Corps of Retired Executives
and worked with a local Economic Development Center, an
organization that helped her get a loan about six months after her
franchise opened.
In August 2002, Jacoby opened her second Merle Norman franchise,
located in Santa Monica, California. Within two months, though, she
made the decision to sell her Van Nuys franchise. "I wanted to
focus on the new studio in Santa Monica and then open another one
in the next three years," she explains.
Though Jacoby has taken advantage of loans targeted toward
minorities and runs a franchise geared toward women, she feels
knowledge and experience are the most important factors in running
and growing her business. "The reason I've gotten ahead is
because this is where my passion and expertise lie," she says.
"Sure, it's partly because I'm a woman, but mostly
because I love what I do."
While Jacoby explores her own potential, she sees the potential
for women in franchising increasing, too. "I meet women of all
ages and backgrounds," she says, "who are doing homework
on owning their own businesses."
Glass Breaker
Cyndi Crews had a tough choice to make. To advance within the
chemical corporation she worked for, she would need to relocate.
While her position as IT resources manager was important to her, so
were her husband and young son. Crews stayed put, but not for long.
In 2002, she was laid off. "It came as a blessing," she
says. "I know most people don't feel that way about being
laid off, but for me it really was a personal opportunity that
turned into a good move." That's because the layoff led
her to Schooley
Mitchell Telecom Consultants. "The franchise piqued my
interest because I had experience in that area," she says.
"I was looking for a system where I wouldn't have to start
at square one."
In November 2002, Crews, 43, started her Schooley Mitchell
franchise out of her Lumberton, Texas, home, doing many of the
things she did in her old job. "As an IT manager, I had the
responsibility for the telecom systems and services and
expenditures, and that's what I do now-helping companies come
up with cost-effective solutions for their telecom services and
systems," she says.
It's her experience that appeals to customers and gives
Crews an edge. "I have not run into any situations where
gender is a factor," she says. "When I'm dealing with
clients, they just look at my credentials and our system, and
I'm able to build a rapport with them."
Crews is happy to have her gender be a nonissue, since that
wasn't necessarily the case in her past. "In a corporate
environment, sometimes females have certain challenges," she
says. "There's no glass ceiling when you're working in
your own business. There's much more opportunity than what I
had seen working in the corporate world." That includes the
opportunity to grow her homebased franchise at her own pace.
Currently, Crews has two employees-one is her husband, and the
other is a contract employee who works out of her home. She
envisions finding an outside office eventually. But for now, Crews
is happy to have a homebased business that gives her the
flexibility to balance family and work. "I do my 'out of
the office' work when [my son's] at school. When he comes
home in the afternoon, I do my in-office work," she says.
"That's the advantage of having the home office-I'm
able to work a couple of hours, cook dinner and then come back and
work a few more hours." Dividing up her time like this
wasn't possible before she bought a franchise. "Being at a
management level [in a corporation], you're expected to put in
a lot of hours," Crews says. "That became challenging
once I had a child, so I wanted something that would give me more
flexibility and more opportunity to spend time with my
family." Sounds like she found the best solution of all.
| Strength in Numbers |
| In 1996, the International
Franchise Association (IFA) formed its Women's Franchise Committee (WFC), a
group seeking to promote women in franchising by providing
networking opportunities and other resources. A big focus for the
committee is mentoring, exemplified by this year's Guide to Establishing a Mentoring Program for
Women, available through the IFA Web site. It
describes how to select and train mentors and form and maintain a
mentoring program, aimed not only at female franchisees, but also
franchise executives and suppliers. "Women who've been
successful realize they didn't get there just because of their
intelligence and hard work. It sometimes takes someone to show you
the ropes," says Nancy Smith, WFC chair and franchise attorney
with Dorsey & Whitney LLP in San Francisco. "Women can
help other women achieve their goals."
The WFC has also posted "Profiles
in Success," a listing of female franchisees,
franchisors and suppliers available to act as mentors.
"They're profiles of various women in the IFA who've
volunteered to serve as mentors. People can get biographical
information if they have questions or are looking for a
mentor," Smith says. By creating mentoring programs, Smith
feels franchising in general will benefit. "Encouraging women
to get into these businesses with [incentives] will help franchise
systems," she says, "because women are attracted to
companies they see as being supportive of [their goals]." |
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