VETERANS AND FRANCHISING

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v e t e r a n s s u ppl e m e n t

cover story: blueFrog Plumbing + Drain

Why Veterans Make Good Franchise Owners

account for only 7% of the American population, they account for 14% of the franchising network, as franchising has proven to be an ideal structure for veterans to become leaders in the US economy.

Veterans make great franchisees In my nearly two decades in franchising, I have had great opportunities to meet, work with, and learn from various franchise owners. Many of these successful franchise owners are military veterans and more often than not, are among the most qualified candidates for franchise ownership. This should come as no surprise as their military training instills the necessary combination of discipline, grit, selfsacrifice, and leadership - all of which are instrumental in running a successful business. Veterans contribute significantly to the franchising community. While veterans 52 Franchising MAGAZINE USA

First and foremost, veterans make great franchisees because they are accustomed to adhering to established systems. The military has a well-defined set of rules and guidelines that all members must follow, and while franchising is not nearly as rigid or restrictive as the military, it has been demonstrated time and time again that the most successful franchise owners excel in their businesses by adhering to a working, routine system. Precision in executing systems and following procedures is emphasized in military training, and in the franchising world, translates to success. Next, veterans commonly develop a firm grasp on what it means to be a leader. This is instilled in them during their time in the military and rolls over when


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