Veterans returning to civilian life have a multitude of talents that are important to the franchising industry, such as leadership, discipline, and the ability to work within structured systems. Many Veterans Franchise Opportunity recognize this and provide extra incentives to veterans, making it a desirable career option after service.
Financial Incentives and Support
Many franchises offer lower franchise fees, training, and exclusive support for veterans. According to the International Franchise Association (IFA), the VetFran program involves over 650 franchise brands and has assisted over 6,500 veterans in becoming franchise owners. The program claims that veterans are 30% more likely to recruit other veterans, fostering a supportive network within the franchise sector.
Success Rates and Growth Opportunities
Veterans Franchise Opportunity experiences and expectations are well-suited to franchises’ structured character, proven business models, and comprehensive training programs. This alignment is evident in the higher-than-average success rates of veteran-owned franchisees. Data shows that veteran-owned franchises have a success record of around 85%, which is much greater than independent businesses.
Introducing Renovation Sells
Renovation sells should be highlighted at the end of our discussion of experienced franchise opportunities. They are a pre-sale house renovation company that offers unique and profitable franchising opportunities based on veterans’ abilities and disciplines. This group not only assists veterans in beginning their own enterprises, but it also greatly adds to their success in the competitive remodeling market.