The Women Entrepreneur Leadership Lab (The WELL) is proud to offer a franchise opportunity for Black-women entrepreneurs and leaders, who share in our belief in building a community of support, growth, and wealth, all while pushing the boundaries on our dreams!
With Black women as the fastest growing group of entrepreneurs (17% in the process of starting or running new businesses, according to research published in Harvard Business Review), our franchise partners can be confident in their investment in their future. The WELL is ready to expand our synergistic community where every franchise partner grows her business and creates her wealth. Our unique business model, coupled with our commitment to support, makes for a potentially quick and impressive return on investment.
The WELL was founded in 2018 by Nakeia L. Drummond, owner of NLD Strategic, an equity-centered management consulting and design firm. The WELL is dedicated to fostering the growth of Black-women through our fee-based membership network. We all need community, that is why The WELL brings together collaborating professionals for the purpose of networking, building capacity, referral building, personal development, and even funding opportunities. Our goal is to create long-term professional relationships that empower and support women in business and the communities they serve.
By joining The WELL as a franchise owner, you have the chance to be at the forefront of a brand that is dedicated to nurturing the creativity, innovation, talent, and power of black women business owners. This is a franchise opportunity that is built to last and make a real impact.
The initial franchise fee is $30,000 and the minimum estimated cost is $45,275 including the franchise fee.
From before you launch operations to years into your agreement, our team never stops giving you the support you need to succeed. We’ll work hard to ensure your questions are answered and your business is set up for profitability.
The WELL provides access to a community of peer experts and resources where Black women can thrive holistically and get the support they need. We are looking to primarily work with black women leaders, founders, and professionals to expand the female entrepreneurial demographic.
An extensive dual-phase initial training program will help set up our franchise partners with all the knowledge they need to run a The WELL.
We will provide ongoing training and on-call support in many areas, including tech support, customer-service techniques, pricing guidelines, and administrative procedures.
Leverage our commitment to success. We will coordinate development of advertising materials and strategies, consumer marketing plans, and materials.
Monthly Peer Learning Community, annual retreat/conference with strategic planning, personal development and networking.
Our team wants to hear from you! To get started, fill out the form below and let us know your level of interest.
Let’s get to know each other. We will schedule a virtual or in-person meeting to go over additional questions and details and to learn more about your qualifications.
The WELL invites you in for an up close and personal look at our operation. Discovery Day is the time to ask questions and get a feel for how The WELL is operated.
Next, our team will send you a copy of The WELL Franchise Disclosure Document (FDD) for your review. You will have 14 days to review the document.
After the FDD review, this is the time to apply for financing if needed!
As we move forward, you will review The WELL FA (franchise agreement), sign the appropriate documents, and make your franchise ownership official. Congratulations, you are now a franchise partner!
A franchise with The WELL is a smart and impactful investment with a well-respected brand ready to be shared throughout the nation. Be a part of this huge life-changing experience for people throughout the country and make a difference! Begin by filling out the form below and we will get in contact with you to discuss this opportunity.
Legal Disclaimer: This is not a franchise offering. A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document. Follow-up or individualized responses to you that involve either effecting or attempting to effect the sale of a franchise will be made only if we are first in compliance with state registration requirements, or are covered by an applicable state exclusion or exemption.
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