According to the International Franchise Association (IFA), veterans own one in seven franchises in the United States. Why? Franchising allows veterans to translate the same skills and knowledge while serving our country in a long-term profession.
Veterans are trained to work and serve in the military system. No matter the branch, this experience can be transferred under a franchise. Professionals with strong leadership skills who are able to follow an established system tend to become successful franchisees.
In addition, overcoming obstacles is at the heart of any military training. Veterans have been inculcated with a state of mind that sees obstacles as challenges, not insurmountable problems. Franchisees face daily challenges that require creative ways to be overcome.
Facilitating the transition from military life to duty-free life is at the heart of the Franchising Initiative for Veterans Transition, or VetFran. This directory includes more than 600 franchise companies that offer specific veterans incentives, including financial assistance and training. Since 2011, VetFran has helped more than 6,500 veterans become franchise owners.
Here are five franchises that veterans should consider.
With 10% of its franchises operated by veterans, FASTSIGNS provides the tools you need to create a successful business for you and your family. A key incentive includes 50 percent off normal franchise fees, as well as reduced fees for the first 12 months of operation. Thirty years of history and a recognized name are also reasons why veterans flocked to this franchise.
Finally, FASTSIGNS offers the possibility to husband and wife teams, and even children, to participate in the company, making the franchise a family effort, which allows it to occupy the first place on the "Top 100" list of Franchise Gator. both 2016 and 2017
The elderly care industry is one area that the fundamentals of military training – discipline, leadership, ambition and work ethic – work particularly well. Generating more than $ 75 billion in profits each year, the home health care industry should see demand grow even more as the growing number of baby boomers turn 65.
A leader in this thriving industry, Home Helpers gave veterans another way to give back to their communities. A Home Helpers incentive offer offers comprehensive training to support franchisees at every step of the property, as well as $ 5,000 on franchise fees and a 10% discount for veterans.
In addition, nearly 20 years of existence in the company have earned him recognition, including a ranking of "Top Senior Care Franchise" by Entrepreneur.com for five consecutive years.
Minuteman Press is the largest printing, design and marketing franchise in the world that began its franchise in 1975. It was ranked # 1 in its category by Entrepreneur magazine 25 times, the last in 2017 .
There are several factors that make Minuteman Press attractive to veterans. First, the majority of Minuteman Press franchisees did not have prior experience in the industry. Second, the owners of Minuteman Press are proud of the high quality of service – a key tenant of the military.
Finally, Minuteman Press is offering a $ 10,000 rebate to veterans on licensing fees from a new location. With a proven business model, one of the largest franchising support teams, multiple sources of revenue and a royalty incentive program, Minuteman Press is a great option for veterans .
Since 1985, Coverall has helped more than 9,000 independent franchisee businesses start their own commercial cleaning business. This is a great option for veterans who have a low start up cost, including a 10 percent discount for veterans on initial franchise fees and financing options.
In addition, Coverall offers hands-on training in the commercial cleaning sector, so no prior experience is required. Finally, they guide you through the process of starting your business step by step. The Coverall business model allows for a fast marketing opportunity with the possibility of rapid growth.
Pest control is an industry of $ 11.4 billion primarily due to increased concern surrounding mosquito-borne diseases. Mosquito Joe offers a great opportunity for veterans looking to build a successful and sustainable business as a recognized leader in this industry by winning numerous awards including Inc.'s fastest growing private enterprise in America, Franchise Top Review Franchise Business 2017 , and First Place on Franchise Gator's Fastest Growing Franchise List
Mosquito Joe's is an inexpensive and inexpensive investment opportunity, including a $ 2500 rebate for veterans on initial franchise fees. They also offer in-depth training and support with a well-known brand image and a recurring business model. Also, as a home-based business, you can continue to work on your current job while starting your Mosquito Joe franchise by eliminating the potential risk.