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Franchising and Veterans with Disabilities
Strong leadership skills, drive and a teamwork mentality make for ideal franchisees. When it comes to veterans with disabilities moving into small business ownership, the franchise business world is reaping the benefits.
Veterans Make for Ideal Franchisees
It is widely known that veterans often make for ideal franchisees. Great franchisees understand that they are part of a bigger team, while having the independence to stand up on their own as a business owner. Great franchisees are self-motivated and are able to lead a team successfully. The military teach, foster and encourage these traits, traits that franchisors look for in potential franchisees.
While veterans make up approximately seven percent of the U.S. population, they make up around 14 percent of all franchise owners. According to the U.S. Small Business Administration (SBA), roughly one quarter of all veterans are interested in getting into business for themselves.
Franchising the Ideal Choice for Veterans with Disabilities
Franchising offers a number of benefits over a start-up business. A franchise has a proven track record in business. It has an established brand name and extensive customer base. Systems, processes, marketing, training and product lines are already established. Management and support is readily available and ongoing for franchisees. Financing a franchise is often easier that financing a start-up.
Franchises are available for virtually every industry across the United States. So much opportunity and choice is available to those looking to get into franchising.
For veterans with a disability, there is the option to choose a product-based business or a service-based business, an internet-based business or a face-to face business, a work-from-home business or a brick-and-mortar business, an owner-operated small business or a multi-location management style franchise business – the options open to veterans with a disability are varied.
Get Access to the Right Information
A vast amount of information for veterans with disabilities is available, you simply have to know where to access this valuable information.
Organizations like VetFran, the U.S. Department of Veterans Affairs and the SBA offer some great benefits, services, funding and support to veterans with disabilities.
The U.S. Government has placed a strong focus on helping veterans into business. The Veterans Entrepreneurs Act of 2017 provides business training for veterans and their spouses, with a specific focus on assisting disabled veterans into small business ownership.
The SBA have a Veterans Business Outreach Center (VBOC Program) which offers business training, counceling and advice to veterans looking to go into business.
VetFran offer a Veterans Transition Franchise Initiative, a financial incentive which has helped thousands of veterans finance their way into business ownership.
All State Franchise Finders for the Best Advice
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For more information, contact ALLSTATEFF.COM on 1-800-544-2161 or visit allstateff.com today. All State Franchise Finders are you award winning franchise experts.