I’ve had the honor of working with several of our military veterans over the years. I’ve participated in Veteran’s Symposiums. And, I’ve helped veterans find franchise businesses.
I love working with veterans. I figure that it’s the least I can do. It’s my way of showing gratitude for their service.
Men and women with a military background can make fantastic franchise owners. They have a serious amount of built-in skills, including discipline, focus, and the use of systems. Generally, they’re comfortable with authority, which is a plus in a business model like franchising.
Not all military veterans are suited to franchise ownership. For example, some veterans are more risk-averse than others. Some veterans don’t have the investment needed for a franchise business. And, it’s fair to say that some of our vets have had enough stress in their lives, and just don’t want the type of stress that tends to be associated with a start-up business. For them, a traditional job is probably the way to go.
But, if you’re a veteran that’s interested in exploring franchise ownership (or you know one), I put together a list of tips for over at the International Franchise Association’s VetFran blog.
(VetFran is the IFA’s program that helps returning service members access franchise opportunities through training, financial assistance, and industry support.)