FASTSIGNS, a leading franchise specializing in signs, graphics, and visual communications, has been recognized as one of the 2023 Top Franchises for Women by Franchise Business Review, marking the third consecutive year the company has received this honor.
Mark Jameson, Chief Development Officer at Propelled Brands, expressed the company’s pride in providing opportunities, tools, and resources for success to all franchisees, regardless of their gender, race, or orientation. This consistent recognition underscores FASTSIGNS’ commitment to fostering an inclusive culture and expanding opportunities within its network.
Franchise Business Review (FBR) stands out as the sole entity that ranks franchises based on franchisee satisfaction and performance.
FASTSIGNS® was one of the 322 franchise brands included in FBR’s research on the Top Franchises for Women, representing over 8,100 female franchise owners. Of the more than 765 FASTSIGNS centers worldwide, approximately 21 percent are owned by women.
Steph Drileck, a FASTSIGNS franchisee in San Antonio, Texas, highlighted the company’s industry leadership and support for franchise owners as key factors in their choice. They emphasized that their investment in FASTSIGNS was not just about “buying a job” but about pursuing a calculated business opportunity, confident that the FASTSIGNS business model, combined with their dedication, would yield success.
To gauge franchisee satisfaction and experiences in crucial areas of their franchise systems, including leadership, training and support, financial opportunities, and work-life balance, FASTSIGNS franchisees were surveyed using thirty-three benchmark questions.
The FASTSIGNS business model accommodates these critical areas, particularly emphasizing work-life balance by offering franchisees a Monday-to-Friday workweek with no evening work, making it an ideal choice for women seeking to run a business while still having time for their family.
Survey data from FASTSIGNS revealed the following:
- 92 percent of franchisees “strongly agree” or “agree” with the respect shown by the franchisor.
- 95 percent of franchisees are likely to recommend FASTSIGNS to others.
- 95 percent of franchisees rate their local market competitiveness as above average, which is 20 percent higher than the industry benchmark.
Michelle Rowan, President and COO of Franchise Business Review, highlighted franchising as a fantastic option for women interested in business ownership, whether on a full-time or part-time basis. She emphasized the importance of researching feedback from current female franchise owners to assess how well a franchise meets their expectations in terms of support, work-life balance, financial opportunity, culture, and other crucial aspects of business ownership.
Rowan also noted that 87 percent of women on this year’s list of Top Franchises for Women expressed enjoyment in owning and operating their businesses, making these franchises excellent choices for women looking to transition into business ownership.