Core Objectives: Top 3 Success Tips for Franchising Vets

Starting a new career can be intimidating, even for military veterans.

Having faced years of rigorous military training and the unfathomable challenges of war, many might assume that a veteran can tackle anything without help.

That simply isn’t the case – and nor should it be.

For the thousands of veterans making the transition to civilian life and starting careers as franchisees, knowing how to optimize their next mission in life – and really hone in on their core objectives – is imperative for determining success.

Here are the Top 3 Success Tips for Franchising Vets:

1. Pick a Franchise Best Suited to Your Interests, Skills. This is your first – and perhaps most important – objective: finding a franchise that you’re truly passionate about. This is crucial, as it will determine how much energy you’re willing to put into it to make it grow. Take the time to research all the different kinds of franchises, to find out which one fits your interests and lifestyle best. Just as importantly, make sure it’s tailored to your core skills that were honed in the military.

2. Learn Systems & Processes, then Hire & Train Teams to Execute Them. Systems and processes are the hallmarks of franchising, and that’s why it’s so important to take the time to work with the franchisor to ensure you’re a trained expert in them. From there, you need to establish a workplace identity best suited to those systems, and then hire and train the right people to optimize them.

3. Be Prepared for the Unexpected. Just like in the military, it’s crucial to be prepared at all times. Having a checklist, Microsoft Excel file, or a software program that helps track all areas of your business – from sales and service, to inventory and payroll – is a huge help. Either way, you need to stay ahead of the game, as unexpected problems can derail your business’s productivity and hurt efficiency.

To learn more about entrepreneurship through franchising, attend our free monthly webinar, Franchise Ownership as a More Stable Career Path. The webinar is free, but you need to pre-register, which you can do online by clicking on the linked seminar title.

You may also register by calling 866-246-2884.