Disabled Veteran Franchise Opportunities

Photo of author

(Newswire.net — June 30, 2019) Sydney, NSW — The move from combat to civilian life can be a difficult transition to navigate for many veterans, especially when it comes future career options. It is commonly recognized by franchisors that veterans make for the ideal franchise candidate. It is for these reasons that more and more veterans are moving into franchising, whether it be on an owner-operator level or as a franchise investor.

Franchisors Attracting Veterans

It is common knowledge within the business world of franchising and entrepreneurship that veterans make for the ideal franchisee. Veterans tend to bring with them that perfect balance of independence and leadership skill with the understanding of teamwork and the need to fit within a framework of guidelines.

According to statistics from the U.S. Census Bureau, more than 2.5 million businesses were majority-owned by ex-service men or women, with these businesses employing over 5 million people.

“Many franchisors will offer unique incentives in order to specifically attract veterans to take on their business model,” says Derek Cafferata, franchising expert and CEO of All State Franchise Finders. “A reduction in initial franchise fees, reduced royalty fees, help with financing or additional start-up support are just some of the ways franchisors look to attract veterans.”

Owner-Operator vs Franchise Investor

An owner-operator franchisee is one who works on the business as well as in the business in its day-to-day running, while a franchise investor is more hands-off the daily running of the business. The franchise investor instead hires a manager to work in the business while the franchise investor works on the business, planning for future growth and development of the franchise.

Veterans, as with any franchisees, have various options when it comes to how involved they wish to be in their franchise business. Veterans living with a disability find being a franchise investor suits their lifestyle, while others are able to find a suitable niche industry to suit their specific career and lifestyle needs.

Help for Disabled Veterans Available

“The amount of resources out there specifically tailored to help veterans is vast,” says Derek Cafferata. “We work with a wide range of organizations to help veterans reach their entrepreneurial career dreams and goals.”

The U.S. Small Business Administration (SBA) offers the Office of Veterans Business Development (OVBD). The OVBD utilizes all the programs the SBA has to offer, giving veterans every opportunity to get into small business ownership for themselves.

The U.S. Department of Veterans Affairs runs several programs focussing on business counselling, training and support. VetFran is another group specifically focussing on helping veterans move into the franchising industry.

Veterans Franchising in Any Industry

Some franchises are run online or over-the-phone, requiring very little face-to-face contact with customers. Examples of these home-based businesses include travel agencies, pet food deliveries and newspaper distributors. Other industries, like home cleaning services, locksmiths or storage solutions, allow the franchisee to hire staff to carry out the day-to-day work.

“Franchises are available across almost every business industry you can think of,” says Derek Cafferata. “It is really just about finding the right franchise to fit the person, one that will help to achieve his or her personal, career, financial and lifestyle goals.”

Veterans Utilizing Expert Advice from ALLSTATEFF.COM

Derek Cafferata and his team at All State Franchise Finders bring with them a wealth of knowledge and experience to the world of franchising. ALLSTATEFF.COM work with potential franchisees, guiding them through the daunting task of franchise selection, financing, setup and development. Many veterans looking to move into the franchising business area have found great success working with franchising experts All State Franchise Finders. For more information, contact them on 1-800-544-213-61 or visit allstateff.com today.

About NWV News

NWV News covers business and current affairs stories from our office in Sydney, Australia. The News Leader.

NWV News

65 Martin Place
Sydney, NEW SOUTH WALES 2001
Australia
61432294381
jason@newsworthyvideo.com
https://www.newsworthyvideo.com