For over 30 years, VetFran has been transforming veterans into franchisees. Among its many initiatives, VetFran educates veterans about the benefits of owning a franchise and encourages franchisees to offer franchise discounts to veterans and the military.
Franchisees participating in the VetFran program offer special financial incentives and other support to combat veterans and, in some cases, support veterans’ families. The International Franchise Association Foundation’s VetFran program helps interested veterans find affordable franchise opportunities through discounts and other incentives. For listings, veterans can view franchises that fall under the International Franchise Association (IFA) VetFran program. To find out, we asked hundreds of veteran franchise to take part in a survey designed to help us learn more about their veteran programs.
These are the qualities of a veteran franchise:
The best veteran franchises have strong visibility, marketable products or services, low geographic competition, strength training, and support systems, and are backed by a strong parent company that actively recruits veteran franchisees based on their unique experience and work. ethics. There are franchising opportunities across industries, meaning veterans can choose the type that suits them best. Franchising is a great opportunity for aspiring entrepreneurs in general, but veterans are uniquely qualified for this type of entrepreneurship. Fortunately, many companies offer veterans benefits and discounts when they open one of their franchises.
Hundreds of companies offer veterans incentives to become franchise owners. More than 630 companies offer special benefits for veterans who want to open a franchise. Franchisors of all kinds offer benefits to well-earned veterans, so there’s no need to worry about becoming a first-time entrepreneur.
Through the International Franchise Association’s VetFran program, whose mission is to “make franchises more accessible to veterans,” more than 600 franchises offer incentives for veterans to join their system, such as discounts or waivers of initial franchise fees. Veterans Transition Franchise Program, VetFran has helped 2,089 veterans become small business owners through the financial incentives of the Veterans Transition Franchise Program. In 2021, Entrepreneur Magazine named UPS Store one of the top ten franchises because it offers incentives and other programs to help veterans become franchisees.