23 October 2014
Comments: Comments Off on Four Reasons Veterans Make the Perfect Franchisee

Four Reasons Veterans Make the Perfect Franchisee

The franchise industry has been an excellent option recently for veterans of the United States military entering civilian life.

According to the International Franchise Association (IFA) there have been more than 150,000 veterans that have begun careers in franchising since 2011. In that same period, nearly 5200 have become franchisees.

Franchisors find that veterans are good franchisee candidates for a variety of reason:

  • The ideal franchisee can take orders and work within the framework of the model provided while also leading and managing.
  • They are adaptable and experienced decision makers able to think on their feet and not second guess their choices.
  • Veterans also have experience in planning and will keep their eye on the long term goal absorbing the bumps along the way and maneuvering through the obstacles.
  • These individuals know how to have the confidence in a support organization and to trust and rely on fellow employees.

More than 650 franchise brands voluntarily offer financial discounts, mentorship, and training for veteran franchisee candidates and those seeking employment through the VetFran program initiated through the IFA.

Programs such as VetFran are great introductions and motivations for veterans to enter the franchise industry where they can further utilize their valuable military skills and training.

Since 1976 Francorp has provided full development programs to help ensure the franchise success of over 2,000 businesses.  The world leader in franchising, we provide services to both franchisors and franchisees, offering coaching and insight into strategic planning, legal services, operations, marketing, training and support services, all under one roof.  Learn more about our portfolio of clients, our success stories, and the following resources to learn more about your future as a franchisor or franchisee:

And be sure to contact us to learn about your future as a franchisee using our short form or by calling us at 1-800-372-6244

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