There is no force more powerful than a woman determined to rise. —W.E.B. Du Bois
Since the U.S. Census Bureau began tracking female entrepreneurship in 1972, women have made enormous strides in business. Recent research by Guidant Financial found that an estimated 31% of all small businesses and franchises in the U.S. are owned by women. Of that figure, a third have owned and operated their businesses for 10 years or longer. Black women, at 17%, are starting businesses at a faster rate than any other racial group.
Why Franchising Works for Women
Franchising has become a powerful vehicle for women seeking financial independence, work-life balance, and the opportunity to build something of their own. Its structured yet flexible nature provides a unique platform that allows women to leverage their leadership skills, creativity, and business acumen to achieve success. Whether they are re-entering the workforce, looking to escape corporate constraints, or building generational wealth, franchising offers a path tailored to their strengths and aspirations.
The franchising model removes many of the traditional hurdles associated with starting a business from scratch. With established systems, brand recognition, and comprehensive support, women can launch and grow their businesses confidently. This framework reduces risks and enables entrepreneurs to focus on building strong customer relationships, improving operations, and increasing profitability.
One of the industries where franchising has particularly benefited women is the beauty and wellness sector. Among the standout success stories in this space is MY SALON Suite, a franchise that has transformed the salon industry while creating opportunities for female entrepreneurs.
Women bring a unique set of strengths to franchising, making them well-suited for this business model. Here’s why:
Flexibility & Work-Life BalanceF
ranchising allows women to create schedules that fit their lifestyles, whether they are raising families, pursuing other passions, or simply seeking more control over their time. The ability to delegate operational tasks while maintaining oversight makes franchising an attractive option for those who want both professional success and personal fulfillment.
Established Systems & Support
Many women entrepreneurs thrive in collaborative environments, and franchises offer extensive support through training, marketing, and operational guidance. This structure provides a solid foundation for success, allowing franchisees to focus on growth rather than the challenges of starting a business from scratch.
Financial Independence & Wealth Building
Owning a franchise enables women to take charge of their financial futures. Whether it’s a single-unit operation or multiple locations, franchising offers a scalable path to long-term profitability and wealth creation.
Leadership & Community Impact
Women in franchising are not just business owners; they become community leaders who provide job opportunities and mentorship to others. Their influence extends beyond their own success, helping to uplift and inspire future generations of female entrepreneurs.
MY SALON Suite: A Beacon of Success
MY SALON Suite exemplifies how franchising can be a game-changer for women in business. Founded by Ken and Alanna McAllister when their youngest daughter entered high school, MY SALON Suite was more than just a business venture—it was a way for Alanna to re-enter the workforce and revolutionize the salon industry.
From just two locations in Louisiana, MY SALON Suite has grown into an industry leader with more than 200 locations across the U.S. and Canada. Today, the brand empowers over 5,000 members—89% of whom are women—by offering them the freedom to become their own salon entrepreneurs.
Women play a significant role not only as salon suite tenants but also as franchise owners. An impressive 46% of MY SALON Suite’s franchise agreements involve women, with many franchisees consisting of husband-and-wife teams. This level of female participation underscores the inclusive and empowering nature of the franchise model.
The salon suite sector is experiencing rapid growth within the beauty industry, offering a stable and lucrative investment opportunity. As a MY SALON Suite franchise owner, individuals do not need to be beauty professionals themselves. Instead, they act as landlords, leasing high-end salon spaces to stylists, estheticians, and other beauty professionals. This model provides salon entrepreneurs with a turnkey business solution, while franchise owners benefit from a consistent revenue stream.
Salon suite franchises are particularly appealing because they cater to beauty professionals who want independence without the financial burden of opening a full-scale salon. By offering state-of-the-art, fully equipped salon suites, MY SALON Suite enables beauty professionals to focus on their craft while managing their own businesses.
A Bright Future for Women in Franchising
Women are increasingly shaping the future of franchising, leveraging their talents and entrepreneurial spirit to build thriving businesses. Whether through salon suites, food service, retail, or other industries, franchising offers a proven pathway to success. The success of MY SALON Suite highlights the larger trend of women excelling in franchising. By providing a supportive ecosystem where women can thrive as business owners, the brand has cultivated an environment of empowerment and innovation.
For women considering franchising, MY SALON Suite serves as an inspiring example of what’s possible. The combination of financial independence, creative freedom, and community support makes this business model a perfect fit for ambitious women ready to take control of their futures. With women making up a significant portion of both franchisees and salon suite owners, the brand exemplifies how franchising provides opportunities that align with the values of impact and grace.
For women looking to embark on a fulfilling business journey, franchising—with its built-in support, financial security, and growth potential—stands out as an excellent choice. As more women step into leadership roles in franchising, the industry will continue to evolve, creating a more inclusive and prosperous future for all.
It is easy to see why franchising appeals to so many women. If you think owning a franchise is the right path for you, it can help to work with a qualified franchise consultant. Seth Lederman of Frannexus has years of experience helping women find the best franchise to meet their goals and dreams. For more information and to find out how to get started pursuing your entrepreneurship dreams today, contact Frannexus today.
About the Author
Seth Lederman, CFE, a Franchise Acquisition and Development Specialist, is a multi-faceted entrepreneur with over 30 years of experience in small business success, including ownership and sale of his business enterprises. He frequently contributes to The Franchise Journal and is on the exclusive Forbes Business Council. Contact Seth at seth@thefranchiseconsultingcompany.com.
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