Why Are Veterans a Great Match for Franchising?

When veterans come home from service, they typically search for careers that match the abilities they gained in the military. Many bright, industrious veterans with strong leadership characteristics have found that owning a franchise is a perfect match.

Veterans own 2.5 million businesses, according to the most recent statistics from the U.S. Census Bureau’s Small Business Owner survey. Franchises made up roughly 9.1 percent of all companies.

So, what is it about franchising that makes it such a good match for veterans? Consider the following factors:

• Military experience necessitates working as part of a team, having strong leadership abilities, inspiring people, improving systems, and completing a specified objective. Franchisees like the military focus on dedication, hard work, achieving goals, and act as a team.

• The military gives extensive training and teaches one-of-a-kind skills necessary to perform extremely specific jobs.

• A franchise uses proven procedures and practices. Franchise success, much like military training, relies on system and process execution. Veterans are accustomed to following an operating system and respond positively to franchise guidelines.

• Veterans commit to performing the job right by applying a strong work ethic while dealing with adversity.

Veterans provide significant qualities to company ownership. As a result, franchisors are looking for the best-qualified partners to join their system. Many franchisors participate in the VetFran program.

For many veterans seeking a professional career, franchising systems can aid in the transition from military service to company ownership in various ways. It has shown to be a natural match for many veterans and a win-win situation for franchisors and franchisees.