Entrepreneur: The Service Industry: Why Veterans Are Flocking to the Franchise World

Veterans are attracted to the franchise industry due to its close-knit camaraderie and opportunities for franchise ownership.

Read the original at 1851 Franchise
Entrepreneur: The Service Industry: Why Veterans Are Flocking to the Franchise World

TL;DR

Veterans are attracted to the franchise industry due to its close-knit camaraderie and opportunities for franchise ownership, with 14 percent of franchisees being veterans. Veteran-owned franchise businesses are 30 percent more likely to hire fellow veterans.

The very nature of the franchise industry makes it an attractive career for veterans after they serve, and franchise concepts like Omaha-based Signal 88 Security have found success in providing a great opportunity for vets both as franchisees and employees. In a recent article in Entrepreneur Magazine, they noted that according to the International Franchise Association, 14 percent of franchisees are veterans.

"The franchise model works for veterans because you join back into that close-knit camaraderie we're used to," Brian Hannon, Operations Manager for the Signal 88 Security franchise in Sarasota, Florida, owned by franchisee Tim Robinson, told Entrepreneur.

Veteran-owned franchise businesses are 30 percent more likely to hire fellow veterans, according to a VetFran survey.

In this story

This story was originally published in 1851 Franchise on October 31, 2017. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

Liked this? Get the week's franchise news, explained

  • Sunday 8 AM ET weekly + a monthly deep dive
  • Sections picked for the industries you follow
  • Every claim linked to its source. Free.

Free. We'll ask you to confirm. Unsubscribe anytime.