As stated by the U.S. Small Business Administration, about a quarter of ex-service members are interested in becoming a veteran business owner. For these entrepreneurial spirits, franchising is a perfect option.
Franchises allow veterans the opportunity to own a business with the benefits of an established brand name and guidance throughout the process. Furthermore, veteran business owners are likely to flourish as franchise ownership gives them the opportunity to capitalize on skills they’ve gained from their service in the military — such as work ethic, effective communication, and project and time management. Luckily, veterans also have special access to a number of incentives and tools that can assist them on the franchising journey.
If you’re a veteran who is interested in becoming a franchise owner, the opportunities are aplenty. As you get started, consider discussing your options with an experienced franchise consultant who can help you discern which franchise is right for you. For example, here are three franchise opportunities that offer incentives for a veteran business owner.
1. Biggby Coffee
Have you always dreamed of owning a coffee shop? If so, consider investing in a Biggby’s Coffee franchise. Their business model strengthens the community by bringing people together over the comfort of gourmet coffee. Plus, running a bustling cafe allows veteran business owners to leverage their communication and organizational skills as they work with their teams in an industry that’s popular 24/7, 365 days a year.
The Biggby’s Coffee franchise has over 260 locations in 13 states and multiple business models to ensure that your franchise flourishes in your chosen area. As an extra perk for service members, they also offer qualified veterans 50% off the initial franchise fee.
2. Dale Carnegie Training
You may be familiar with the book “How to Win Friends and Influence People” by Dale Carnegie. In 1912, Dale Carnegie Training was founded, establishing a training institute that expands upon Carnegie’s original teachings to produce better employees all over the world. Their business model offers extensive guidance and support every step of the way, and as a veteran, your experience in the military will assist in teaching people the importance of teamwork, effective communication, and leadership skills. Plus, veterans receive 50% off the initial franchise fee.
3. Fast Signs
Many businesses require promotional flyers, decor, display signage, and more. As a FastSigns franchise owner, you can provide business owners with the graphics that they need. The FastSigns franchise is one of the most well-known companies in the signs and graphics industry, spanning over 750 locations in 9 different countries.
Here, veterans can offer their extensive experience managing teams, along with their ability to communicate effectively with a variety of different people. And not only do veterans receive 50% off of the initial franchise fee, but they also benefit from conducting business with an established franchise that has been in business for over 35 years.
Hundred Acre Consulting
There has never been a better time than right now for veterans to become franchise owners. If you’re a veteran in search of franchise opportunities, enlist the help of Hundred Acre Consulting. With years of experience, we can help you choose the best franchise for your skill set and guide you through the process of building a lucrative business.
Ready to find the franchise for you? Contact Hundred Acre today, and let’s get started!
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