Let’s talk about an option that doesn’t get enough air time with veterans. It’s something different than getting a new job or going back to school. Let’s talk about starting a franchise.
Owning a business through franchising is a perfect hybrid between working for an organization and starting your own business from scratch.
Here are five reasons why you may want to see if you have what it takes to be your own boss.
1. You’re already trained for it!
A staggering one in seven franchises is owned by a military veteran. No surprise. Especially when you consider that a franchise operating manual is pretty similar to the operating manuals we used to operate military weapons, tanks, aircraft, ships, submarines and drones.
That franchise operating manual took lots of time and money to perfect. When you buy into a franchise, you benefit by learning from someone else’s mistakes.
2. You don’t need business or industry experience.
Never owned a business before? Don’t have experience in the industry? No problem.
Franchises train you. Then they follow up with a franchisor team that provides services like marketing, accounting set-up, vendor relations, operating, pricing and more. On top of that, you have a team of fellow franchise owners who support one another.
Unlike a stand-alone business where it can be lonely at the top, the franchising model is being in business for yourself, not by yourself. Franchising is a business in a box, with a tremendous support network.
3. Veteran benefits.
Many franchises offer a discount on the franchise fee to veterans. Plus, many veterans have access to VA disability payments and military retirement pensions. All of this provides greater financial stability while you are starting your franchise. This gives you more financing options and allows you to focus on running your business, not worrying if you have enough working capital.
4. There’s a franchise for everyone!
Franchises are all restaurants, right? Wrong! If you can think of a service or product, there’s probably a franchise for it.
Franchises run the gamut from home services, senior care, fitness, childcare, tutoring, real estate and much, much more. There are even franchises for removing junk, painting lines in parking lots, mobile flooring retailers and yes, dog-walking!
All told, there are over 2,000 different franchise brands available today.
5. Free franchise coaching services for veterans.
From deciding if you’re cut out for franchising to selecting the best fit to walking through the due diligence and purchase, getting into franchising can be an intimidating process.
But you don’t have to go it alone. Our franchise coaching team will walk you through the entire two- to four-month process from discovery to opening the business.
Our services are free to veterans and your cost to the franchisor is the same whether you use our free consulting services or not.
So if you think you have what it takes to be your own boss, schedule a call with our team today!
Are you a military veteran or a military spouse interested in owning a franchise? Vetrepreneur Franchise Coaching has the roadmap to navigate you to becoming your own boss.
Learn more and sign up for free franchise coaching at
https://vetrepreneur.com/franchise-coaching/.
Sign up to attend our free Vetrepreneur Franchise Workshop at https://vetrepreneur.com/franchise-workshop/ and get the insights you need to have the confidence in attaining your dream of being your own boss.
