Since 1991, VetFran has been thanking veterans for their service by providing information about business opportunities. The organization was founded by Don Dwyer Sr, a U.S. Air Force retiree, founder of The Dwyer Group, and IFA Chairman. The International Franchise Association (IFA) launched Operation Enduring Opportunity following the 2001 terrorist attacks to recruit veterans, wounded warriors, and their spouses.
Today, the IFA partners with the White House Joining Forces Initiative, MOAA, the U.S. Department of Veterans Affairs, the Small Business Administration, the U.S. Chamber of Commerce, and others. The IFA believes that franchise opportunities are a good match for our returning service men and women because the franchise business model offers:
- Comprehensive training
- A career path
At the same time, the franchise model demands and uses many of the skills and traits developed through military experience:
- Operational execution
- Leadership skills
- Motivational skills
- Process improvement
- Complete a defined mission
To become a small business owner and franchisee requires education and financial assistance, though. So VetFran offers information on the franchise industry, online courses, mentorship, and financial assistance, giving veterans their best chance of success as small business owners.
From the VetFran website, “One in seven franchise businesses are owned and operated by veterans of the U.S. military, according to a recent study conducted for the International Franchise Association Educational Foundation based on U.S. Census data. More than 66,000 veteran-owned franchise businesses in the U.S. directly provide jobs for 815,000 Americans, and generate more than $41 billion in GDP. Since the November 2011 launch of Operation Enduring Opportunity, over 151,000 veterans started careers in franchising, including over 5,100 new franchise business owners.”
VetFran partners with more than 650 member franchises “that voluntarily offer financial discounts, mentorship, and training for aspiring veteran franchisees and veterans seeking employment.” Many franchisors and suppliers offer discounts available only to qualified veterans. Generally, to qualify, you must be an honorably-discharged veteran. Some veteran discounts or offers are only available in specific markets.
Available discounts can save you tens of thousands of dollars and open the door to financial security for you and your family. Take advantage of the support of the many patriotic Americans who would like to thank you for your service.