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The Art of Franchising
By: Laurie E. Pollock
There comes a time for many women in the corporate sector, or in the
midst of raising a family, when they make a decision to shape their own
destiny, rather than have it shaped for them. They want a flexible schedule
so they can work and care for their children. They want to use their knowledge
and experience to do something valuable and worthwhile. As a result, we
are seeing a rising trend of women entering the world of franchising. This
arena offers women an investment in themselves, the advantages of business
ownership - control and flexibility - with a proven business system, and
support.
Primarily a male dominated field until recently, franchising is now
opening up for women. According to a brand new website - www.franchisesforwomen.com,
“Most women executives claim that the career path within the world
of franchising is significantly smoother than that of the corporate world.
Women have a tendency to bring excellent communication and leadership skills
into franchise management. One could even go so far as to say that the
exact qualities which women have been told to conceal in the corporate
business world (passion and emotion), are the exact traits that have helped
them succeed in franchising.”
Simultaneously, there is an increasing demand for education and child-related
services. Working parents have expendable income, but limited time, and
are looking for ways to entertain and educate their children. According
to the 2002 Child Education and Services Survey, “More dollars are spent
on education and learning centers than on national defense.” This is an
industry that is ripe with opportunities - now available in the form of
home-based businesses. These franchises provide education and child-related
services to families, catering to parents want to engage their children
in wholesome, learning activities, and ranging from foreign language, science,
drama,
and art. These education/child-related service businesses also seem
to be favored by women entrepreneurs and “The Wall Street Journal states
that educational franchises have grown by 35% since 1989”.
One business, in particular, is experiencing rapid growth and expansion
as a result of these current trends, and serves as an excellent illustration.
Young Rembrandts is a Chicago-based firm founded by Bette Fetter - a mother,
talented artist, entrepreneur, and most recently - franchisor. For over
12 years, Young Rembrandts has been teaching the fundamentals of drawing
to children ages 3-12, with a fun, innovative technique that promotes success,
regardless of a child’s artistic ability. They offer their delightful drawing
classes in the form of an after school program, which has been widely received
in Chicagoland pre-schools, elementary schools and park districts who happily
host the program. An original 8 students in 1988 has now reached
over 3,000 students in 2002, with a staff of over 80 instructors.
Young Rembrandts’ growth is due to its organized, turnkey system, providing
a structured activity children love -drawing - and the time constraints
of dual working families that has created an ever increasing demand for
more quality after school programs. According to Lake Snell Perry &
Associates and The Tarrance Group, “our 2001 poll sends a message loud
and clear that American voters, regardless of race, gender, geographic
region or party affiliation, want after school programs.” Our government
is also supporting and furthering this cause - The After School Alliance
promotes a campaign called “Working Toward Afterschool for All Children
by 2010”.
In some cases, meeting this high demand is daunting. Young Rembrandts
was faced with the challenge of growing beyond the Chicago region, but
still maintaining the integrity of their program, and the feel of a small,
community-based organization. The answer was found in franchising their
system, which they now offer as a rewarding, profitable, home-based business.
With market trends on their side, Young Rembrandts has discovered a niche
as both a child-related service and a women-owned franchise.
Young Rembrandts Franchise, Inc. is already witnessing the success of
its first six franchisees covering Illinois, Wisconsin and Minnesota, all
sold last year, and all to women. They represent many walks of life
women experience today -- an out-placed corporate trainer, a stay-at home
mother of four, a born entrepreneur looking for just the right idea, even
two Young Rembrandts employees who purchased their own territories. An
interesting phenomenon occurs as each franchisee molds the business to
fit her own style and territory. What starts out as an investment or career
opportunity turns into a more rewarding experience than these women ever
dreamed possible. The freedom and flexibility of owning a small business,
and the satisfaction of providing a valuable community and educational
service for hundreds of children brings these franchise owners challenge
and personal fulfillment. Not to mention control over their financial destiny,
in a time when layoffs are either a constant threat or a harsh reality.
This is an exciting time for women, who have more choices than ever
regarding their future. The demand for education and children’s
services is up, the value of after school programs is being recognized
and supported, the world of franchising is more inviting than ever, and
women are making great strides in all these areas.
The art of franchising is like fitting puzzle pieces together, matching
the right person with the right business - for which there is a demand.
Our spotlight on Young Rembrandts serves as a real-life example of this.
Market trends, like puzzle pieces, are all coming together at the same
time. And what is truly remarkable about all of it, is the inherent
value and benefit for everyone involved - for children, for parents, for
schools, communities, and for working women. Everybody wins.
If you’d like more information about Young Rembrandts and the benefits
for children involved in art, please contact Young Rembrandts at 847-742-6966.
For Young Rembrandts Franchise information, call 1-866-300-6010 or visit
www.youngrembrandts.com |