When you made the decision to leave the military and join the ranks of Veterans, you probably decided you didn’t want to sit behind a desk working for someone else. After receiving orders on a daily basis, you wanted to be the one to give them. Right, Veteran?
First, I want to thank you for your service!
Second, let’s talk about what you gave the United State Armed Forces. You gave your time, commitment and determination. What you got out of it was the ability to work as a member of a team, and you learned discipline. If you rose through the ranks, you also learned how to lead. These are all good skills to have, and can help you be successful in your future. Veterans, whether you had a long or short career in the military, you are primed for owning a business.
Third, did you know that there are companies actively recruiting Veterans? The two main reasons are that they appreciate your service to our country, and they recognize your skill set.
The flexibility you developed in the service will help you succeed in your business. The ability to plan will help you through the franchise process: researching for the right franchise fit for you, finding the best funding option, studying the Franchise Disclosure Document, contacting the franchisors, visiting the franchisor and making your final decision. (A franchise broker can help you streamline this process.)
According to the Franchise Business Review Report, these are the top 5 franchise industries for Veterans: Services, Senior Care, Home Services, Advertising and Marketing, and Food. In each of those industries are many options from which to choose. What is your passion? Do you like helping people? Do you lean towards food or fitness?
According to the FBR Report, Service franchises high in veteran franchise owner satisfaction include: Weed Man, National Property Inspections, and Signal 88 Security. (Just to be sure…Weed Man refers to lawn care…)
Senior Care: Visiting Angels, Amada Senior Care, Brightstar Care
Home Services: Heaven’s Best Carpet Cleaning, CertaPro Painters, Two Men and a Truck
Advertising/Marketing: Our Town America, PIP Printing & Marketing
Food: Firehouse Subs, Charley’s Philly Steaks, Captain D’s
The about list is just a partial list to consider.
Something else to consider is whether the franchisor is offering incentives to Veterans. Here are some examples:
Little Caesars – offers Veterans a reduction of the franchise fee for the first restaurant, $5000 credit on initial equipment order and other services. (Total benefit is approximately $30,000).
Valpak – offers Veterans a waiver of the start-up fees.
The UPS Store – offers Veterans $10,000 off franchise fee and 50% off the initial application fee.
Massage Envy Spa – offers Veterans a discounted franchise fee.
As with any business opportunity, you need to do your research. Let me know if I can help you on this journey. I can help you find the right business for you. You can contact me by email at firstname.lastname@example.org or by phone at (859) 866-3349. As a Veteran you served your country; now let me serve you!