If you’re a veteran, first and foremost, thank you for your service. Whether you’ve recently been honorably discharged and you’re looking for a great job opportunity or you’ve been living civilian life for a while but you’re looking for a new career, franchising is a great fit for veterans.
There are many groups available to you to use as informational resources. For instance, Vet Fran is a strategic initiative of The International Franchise Association (IFA) and the IFA foundation. Their mission is to educate entrepreneurial veterans like yourself and franchisors, about the benefits of a collaborative business opportunity.
According to Vet Fran, veterans make up of about 7% of the population but account for 14% of franchisees in the U.S. The appeal of veterans as franchisees is that due to military training, veterans possess strong leadership skills and understand the value of teamwork. Military training provides great determination, adherence to rules, attention to detail and focus, which equates to effective franchisees.
If you’re in the market for veteran-friendly franchise opportunities, first, understand franchising encompasses thousands of different industries. Which means you should have no problem finding something that interests you and aligns with your goals and values. Franchising is an effective, efficient, and popular business ownership concept. IFA reports that by the end of 2023 there will be more than 805,000 franchise units in operation in the U.S. expected to output $860.1 billion this year.
Incentives from Veteran-Friendly Franchises
There are more than 650 military-friendly franchises that purposely seek out veterans as franchise owners because they understand the distinct skill set you’ve acquired through your military service. These brands offer incentives like discounts on franchise fees to motivate you to choose them.
When investing in a franchise, the U.S Department of Veterans Affairs reports, some veterans may utilize their VA disability payments or military retirement pensions as capital to fund entrepreneurial opportunities. Additionally, if you’re looking to gain business advice, the U.S. Small Business Administration (SBA) sponsors a Veterans Business Outreach Center (VBOC) to offer services to help you start your business ownership experience. According to the SBA, Boots to Business is an entrepreneurial education and training program sponsored by the Department of Defense Transition Assistance Program, open to active-duty service members (including National Guard and Reserve), veterans of all eras, and spouses.
For Your Consideration…
There are some additional factors when choosing a veteran-friendly franchise. Look for an industry seeing growth and that is recession resistant. This will allow you to feel more secure in your investment.
Check out the training and support provided by the franchise. One of the perks of franchising is that you often don’t need previous experience because the franchisor provides a comprehensive training program helping you get your business up and running. Often the skills you bring from your military experience coupled with the educational component from the franchise will supply all you need for potential success.
ServiceMaster Clean is a Veteran-Friendly Franchise
Consider the opportunities available to you being a franchise owner with ServiceMaster Clean. We offer a 20% discount off the initial franchise fee for qualifying military veterans. The skills you bring to the table from your military background align perfectly with our mission to provide high quality cleaning services to our customers.
We’ve been in the commercial cleaning industry for more than 65 years because of our dedication to our customers, commitment to service and high standards. If you’re in search of cleaning franchise opportunities working with a brand with strong ethics, a strong model and that is respected in the industry, we have an efficient 10-step process toward ownership.
We’d like the opportunity to talk to you about franchise ownership with ServiceMaster Clean. To get started, fill out our information sheet and we’ll be in touch shortly.