Top 3 Franchising Opportunities for Veterans in the USA with Special Discounts
As
of 2021, more than 66,000 franchises in the US are
owned and run by veterans, contributing more than $41 billion to the country’s
GDP. Franchising has always been a popular choice among
veterans. The business structure gives them a seamless passage to business
ownership, and the investment is feasible too.
This
compatibility is evident in the numbers, which show that veterans own more than
14% of the franchises in America. Over the years,
the industry and the regulatory bodies have developed policies beneficial to
the veterans aspiring to become franchise owners. This blog sheds some light on
that synergy while talking about the best franchising
opportunities for veterans with
special discounts.
The
popularity of the Franchise Business Model Amongst Veterans
Veterans
have discipline and order in their conduct making them the best fit for the
franchise model. It’s a business model that demands the franchisee to follow
certain protocols set forth by the franchisor. One has to abide by the rules
set by the latter or else it might lead to a breach of the agreement. That’s
the first franchising
advice anyone will give you.
That’s
something a franchisor will never have to worry about a veteran. They are
natural at following systems, leading teams, and persevering. Their skills and
experience come in handy for any brand. Running a franchise is easy for them,
hence the popularity. It’s the reason why many brands offer special discounts
to people serving in the military or veterans.
Franchises
that Offer Special Discounts to Veterans
Now,
we will take a look at the best franchising opportunities in the USA that
offer discounts to veterans.
7-Eleven
By
now, 7-Eleven has become a household name in America, the leading convenience
store chain and of the top 5 franchises in the country. Business is basic! It's
24x7 convenience store, popularly found near gas stations, pit stops and
likewise. The company offers training and ongoing support to the franchisors.
If you are an honourably discharged veteran, you get a 20% discount on the
franchise fee and special financing options up to 65%.
Ace
Hardware
This
is another popular brand with more than 6000 stores worldwide. Ace Hardware
offers liberties to the franchisees, allowing them to run the store
independently. Veterans get a $5000 rebate against the one-time application
fee.
Dunkin’
If
you want to buy a franchise in the USA, then Dunkin’ is a reliable brand for
investment. It is the largest retailer of baked goods and coffee, with outlets
in more than 12,500 locations across 45 nations. Qualified veterans can
purchase a store development agreement for five years at a discount of 20% over
the initial franchise fee.
There
is a whole list of franchises expressing interest in onboarding veterans and
offering them significant discounts.
Conclusion
If
you are veteran seeking opportunities to start a business, you can choose from
any of the above and get a jump start. For more information on the top 10
American franchises and new updates about the industry,
subscribe and follow the most credible franchise directory in the USA, https://franchisingmagazineusa.com/.
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