Can women own and operate successful fast-food franchises?
If you don’t think women can run fast-food franchises for super-sized incomes, think again. Women own franchises. According to The Center for Women’s Business Research, more than 30 percent of franchisers surveyed were owned by women. More and more women are not only financially independent; they are the primary breadwinners in their households. Consequently women are branching out into successful entrepreneurships that include owning fast-food franchises. According to the Women’s Franchises, the number of women-owned businesses in the country is growing at twice the rate of all new businesses combined. One of them is owned by Carol Chin, a woman who quit her position with Board of Education in New York City and opened a McDonald’s fast-food franchise in New England. She liked the idea of starting her own business, and liked the idea of letting a franchisor do all the business modeling for her. Some fifteen years later, Chin owns seven McDonald’s fast-food franchises in the greater Bos