Franchising Benefits for Veterans: Access to Exclusive Programs and Resources

October 28, 2024•3 min read

Transitioning from the battlefield to the boardroom is challenging.

Veterans bring a wealth of skills and experience to the table—leadership, discipline, teamwork, and a strong work ethic. They possess the drive to be their own boss and to build something meaningful.

Is there a way to leverage their leadership skills and discipline into successful business ownership? Enter franchising—a viable and supportive path for veterans looking to buy a franchise. With a range of exclusive programs and resources tailored specifically for them, veterans can find the right franchise opportunity that aligns with their strengths.

The military operates on a foundation of structure, training, and support, and so does the world of franchising.

Access to Special Programs

One of the most significant advantages veterans have when considering a franchise is access to specialized programs designed to support their transition to entrepreneurship. Organizations like the Small Business Administration (SBA) offer programs tailored to veterans, providing valuable resources that can streamline the process of starting a franchise.

For instance, the SBA's Veteran’s Advantage program offers reduced fees on certain loans, making it easier for veterans to secure funding for their franchise investment. Additionally, the Veterans Business Outreach Center (VBOC) provides free business consulting and training to help veterans navigate the complexities of owning a franchise.

These programs create a supportive environment where veterans can acquire the knowledge and resources necessary to succeed, further solidifying franchising as a viable option for those looking to buy a franchise.

Exclusive Discounts and Incentives

Another notable benefit for veterans entering the franchise world is the array of exclusive discounts and incentives offered by many franchisors. Many franchises understand the unique skill set veterans bring to the table and actively seek to support them by offering reduced franchise fees or royalties.

For example, some of the best franchises to own provide financial incentives specifically for veterans, such as a percentage off the initial franchise fee or lower ongoing royalties. This not only makes the entry barrier less daunting but also shows appreciation for their service. Franchises like 7-Eleven and Dunkin’ Donuts have established programs aimed at veterans, making them attractive options for aspiring franchisees.

These financial perks significantly enhance a veteran's ability to invest in a franchise, reducing the overall cost and allowing for quicker returns on their investment.

A Community of Support

Venturing into the world of franchising doesn’t have to be a solitary journey. Franchisees often find themselves part of a larger community. Many franchise organizations have veteran networks or support groups that connect franchisees with similar backgrounds.

These communities provide a platform for veterans to share experiences, strategies, and encouragement, fostering camaraderie and collaboration. Having access to a support system is invaluable, especially for those transitioning from military to civilian life. This shared understanding of challenges helps veterans navigate the franchise landscape more effectively, giving them a significant advantage.

To sum up, veterans considering a franchise opportunity can benefit from exclusive programs, financial incentives, and a supportive community. The unique resources available to them can significantly ease the transition to business ownership, making franchising a compelling option for those looking to buy a franchise.

If you're a veteran considering this exciting path, contact ReWired Franchise Advisors today. Let us guide you to the best franchises to own and help you embark on your journey to successful business ownership!

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ReWired Franchise Advisors

ReWired Franchise Advisors was founded in the Tampa Bay area by the husband and wife team, Calvin and Rhonda McNeely, who are Registered Franchise Brokers with Business Alliance Incorporated (BAI). Together, they bring over 80 years of combined business and franchising experience. Throughout their careers, Calvin and Rhonda have launched, owned, or participated in more than 30 businesses, start-ups, and acquisitions across industries such as government contracting, light manufacturing, and franchising. Most notably, in 1989, Calvin co-founded Hi-Lite Airfield Services with his father. This company grew into a global airfield maintenance contracting leader with offices across North America, including Puerto Rico and Canada, and continues to thrive today. Calvin also co-founded and served as CEO of Runningboards Marketing (RBM), the first digital mobile billboard franchise of its kind. RBM launched operations in 12 states with 28 digital trucks before the team made the strategic decision to cease truck manufacturing and franchise expansion after three years. In addition to Hi-Lite and RBM, Calvin and Rhonda have also owned Aerogreen Solutions and Rejuvaseal and have been franchise owners with Cold Stone Creamery and Cici’s Pizza. As part of Business Alliance Inc., one of the nation’s premier franchise brokerage firms, Calvin and Rhonda are proud members of BAI’s President’s Circle, the highest honor awarded to top-performing brokers. Happily married for over 40 years, they have three children and nine grandchildren. Their strong faith fuels their passion for serving others and making a difference in people’s lives. They understand the highs and lows of building businesses and carry valuable wisdom from both their successes and setbacks. “We feel blessed to have the opportunity to serve you on your journey to franchise ownership. There are two things we always say—we love helping people become entrepreneurs, and we love supporting people in their marriages.”

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