Military Veterans Finding Success in Franchising

asked about 5 years ago

The struggle military veterans face integrating into life and career after service is widely publicized. Now, many are turning to franchise business opportunities.

Military veterans can find it difficult integrating back into life and a career outside of military service. However, with various grants and incentives, along with some companies specifically tailoring their franchise opportunities to veterans, many are turning to franchising to get back into the workforce.

Civilian Employment for Military Veterans

According to the U.S. Department of Labor, unemployment rates among veterans is on the decrease. The last two years have seen figures slightly drop, and they currently stand at 4.5 percent, a figure that is below the national unemployment average.

One third of the approximately 22 million veterans in the U.S. served in the Gulf War era I (1990 to 2001) or the Gulf War era II (2001 and onwards). Of the 3.2 million Gulf War era II veterans, the unemployment rates are very similar for both male and female veterans.

And it is this group of a little over 7 million veterans who are most actively seeking to step back into a civilian career by taking advantage of the attractive and rewarding franchising opportunities that are becoming increasingly available to this talented and skilled group of individuals.

Military Veterans and Business

Derek Cafferata, CEO and President of All State Franchise Finders, is discovering more and more military veterans are getting back into a civilian career through a franchise business. All State Franchise Finders, who represent more than 250 of the country’s most successful and popular franchise business opportunities, work with potential franchisees through the process of franchise selection, purchase and setup.

“Military veterans tend to have the skills, drive and leadership abilities to succeed in business,” said Derek. “Combine their understanding of teamwork and self-determination within a quality franchise business model and you have a great opportunity for success.”

Veteran-Friendly Franchise Businesses

Derek works with many franchisors who offer various incentives for military veterans. He believes that one of the best franchise opportunities for veterans is American Consumer Financial Network (ACFN). The largest provider of ATM services to hotels across the country, ACFN offer a unique turnkey and hassle-free business model.

Since they began franchising in 2003, ACFN have regularly ranked very highly in Entrepreneur Magazine’s Franchise 500, Fastest Growing Franchise 100, as well as Military Times Best for Vets Franchises and G.I. Jobs Military Friendly Franchises.

“ACFN offer a number of incentives for military veterans, including discounts off the franchise fee,” says Derek. “And with more than 250 franchise units owning and operating more than 2,350 units, ACFN have created a solid and successful business model.”

All State Franchise Finders

Derek and his team at All State Franchise Finders work with all types of people, from all walks of life, guiding them through the process of purchasing a franchise. They are familiar with franchise businesses that are actively seeking to open new franchise units across the country. For more information about ACFN or any other franchise, contact All State Franchise Finders on 1-800-544-2161 or visit today. All State Franchise Finders – Your Franchising Experts.