Franchise Discounts for Military Veterans
Franchise Discounts for Military Veterans
Franchise companies have long recognized that veterans fit the ideal profile of a great franchisee. The parallels in background and orientation between veterans and franchises are clear. Veterans are disciplined, understand the importance of teamwork, and are willing to follow the rules to execute a proven system. It is no surprise that VetFran, a program created to help veterans become franchise owners, is one of the most poplar programs in the history of the IFA.
VetFran, originally known as the Veterans Transition Franchise Initiative, was spearheaded by the late Don Dwyer shortly after the Gulf War ended in 1991. It was reinitiated in 2003 with the cooperation of the U.S. Department of Veterans Affairs, the Veterans Corporation, and the U.S. Small Business Administration. VetFran now boasts more than 200 participating franchise companies and has enabled more than 600 former military personnel to become franchise owners.
VetFran is a simple voluntary program designed to be a win-win. It provides franchise companies with a pool of exceptional potential franchisees while offering very real help to veterans who want to acquire a franchise. There are two basic areas of tangible assistance:
1. Information: Through VetFran, the information available to veterans goes beyond what is available to the general public. The program provides specific information about financial and other assistance available from specific franchises.
2. Financial: Participating franchise companies offer special financial incentives to qualified veterans that are not available to non-vets. Incentives typically total tens of thousands of dollars worth of aid through reduced initial franchise fees, scholarships, additional training and support, or material credits.
Are you a veteran? For more information on the VetFran program, including a listing of the participating franchise companies, visit the IFA's website: www.ifa.org
Franchise Discounts for Military Veterans - To learn more about this author, visit Mary Tomzack's Website.
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Military veterans are one of the most successful groups of small business owners in the country according to the U.S. Census Bureau. They own proportionately more small businesses than the general population, plus their gross income is more than twice that of non-vet owned small businesses.
Franchise companies have long recognized that veterans fit the ideal profile of a great franchisee. The parallels in background and orientation between veterans and franchises are clear. Veterans are disciplined, understand the importance of teamwork, and are willing to follow the rules to execute a proven system. It is no surprise that VetFran, a program created to help veterans become franchise owners, is one of the most poplar programs in the history of the IFA.
VetFran, originally known as the Veterans Transition Franchise Initiative, was spearheaded by the late Don Dwyer shortly after the Gulf War ended in 1991. It was reinitiated in 2003 with the cooperation of the U.S. Department of Veterans Affairs, the Veterans Corporation, and the U.S. Small Business Administration. VetFran now boasts more than 200 participating franchise companies and has enabled more than 600 former military personnel to become franchise owners.
VetFran is a simple voluntary program designed to be a win-win. It provides franchise companies with a pool of exceptional potential franchisees while offering very real help to veterans who want to acquire a franchise. There are two basic areas of tangible assistance:
1. Information: Through VetFran, the information available to veterans goes beyond what is available to the general public. The program provides specific information about financial and other assistance available from specific franchises.
2. Financial: Participating franchise companies offer special financial incentives to qualified veterans that are not available to non-vets. Incentives typically total tens of thousands of dollars worth of aid through reduced initial franchise fees, scholarships, additional training and support, or material credits.
Are you a veteran? For more information on the VetFran program, including a listing of the participating franchise companies, visit the IFA's website: www.ifa.org
Franchise Discounts for Military Veterans - To learn more about this author, visit Mary Tomzack's Website.
Like this article? Share it with your friends
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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