Once service members leave the military, many veterans find themselves back home wondering what their next step will be. Unlike most citizens who spent the first few years of their early adulthood getting settled into their careers, veterans have spent the first several years of their early adulthood fighting to protect our country. After returning home, many are ready to jump into the corporate world.
So, what are their options? What is the best option?
Well, “Vetrepreneurship” is sweeping the country and it has many veterans benefiting from business ownership. The fact remains, according to the SBA, only about 25% of veterans want to start their own businesses. This is something that companies like Triton have been working to change over the years. The Franchise industry is the perfect business model for individuals with no business experience but have a superior work ethic, great leadership qualities, team building skills, and a powerful desire to win.
The Benefits of Business Ownership
After spending time away from their family and friends, most service members are happy to be home and want to spend as much time at home as possible. One of the most influential aspects of owning their own business is the fact that they can choose their preferred location.
And, most of the time, they can start their new business venture in the city or town where they currently live. No more moving around every few years and uprooting the family; they can simply get started in their own community and stay exactly where they are.
In addition to eliminating the need for a lot of traveling, being a business owner allows veterans to succeed and thrive in a way they couldn’t working for someone else. It allows them to develop a team and watch their business grow.
Great Business Options for Veterans
So, how could this all be possible? How can you become a business owner, be your own boss, make your own schedule, and have the option to stay in your own community?
Through franchise ownership.
Franchising is one of the best ways for individuals who have no business experience to jump right in and become an Entrepreneur.
A franchise offers so many benefits that you would miss out on starting your own business from scratch. Through a franchise, you will have access to an already proven business method, the tools necessary for success, as well as support from the franchisor.
The opportunities just keep getting better.
Most franchisors recognize the hard work of our veterans and the sacrifices they’ve made. As a result, they want to serve those who have already done their part in serving us. So, most franchisors will offer special veterans discounts and various other perks – from dream vacation giveaways to lower royalty fees.
As a veteran, the world of franchising is already set up to help you succeed once you return to civilian life.
Why is Franchise Ownership Such a Great Opportunity for Veterans?
Becoming an Entrepreneur through franchise ownership offers a much more affordable and practical option for your new career.
But, it can also offer you something that is incredibly fulfilling and beneficial to your family. Through becoming a franchise owner, you can work to develop your own staff and team of employees and watch the company grow.
And the opportunities just keep coming; depending on how far you decide to take your new business venture, you could even expand beyond just one franchise.
However, the biggest benefit and what makes being a franchise owner the best opportunity for veterans is the extra family time it allows you. You are no longer on someone else’s schedule, traveling at the drop of a hat, and clocking in when someone else says to. As your own boss, you can make more time to spend with your family and friends and help make up for some of that lost time.
Regardless of what your interests are, there are plenty of franchise opportunities out there to suit just about anyone. And these opportunities are waiting for you.
Plus, the structure you gained in the military will play in your favor when it comes to the success of your new business venture.
Franchising offers an intriguing and beneficial opportunity for veterans looking to join the corporate world and start making a difference in the lives of others – while still getting to spend more time at home with the ones you love most.
La Mancha Sims is Managing Director and Founding Partner of Triton Business Group, Inc., a business funding consulting firm located in Decatur, Georgia. La Mancha is a former Naval Officer who has over fifteen years of experience in franchise and commercial finance, specializing in assisting entrepreneurs who want to enter the franchise industry as owners or consultants/advisors. You can reach La Mancha at 770-249-2357.