How Vets Can Know They’re Ready for a Franchise Mission

There is no Am I ready for this? question to ask yourself in the military.

Missions are completed under strict orders, and as combatants you must follow each objective carefully and meticulously in order to be successful.

In the line of duty, it often takes unfathomable courage, teamwork, belief, and fearlessness. For this, your country is forever in your debt.

Being ready for a franchising mission takes self-reflection, time

As you leave the military and become an honourable veteran, many veterans will wonder what’s the next mission in life – Where do I take my life after serving my country for so many years?

Many veterans succeed as entrepreneurs, especially in franchising, because of their outstanding attention-to-detail, process-following, problem solving, and leadership skills.

Simply put, there are rules and systems to be followed, similar to those found in the military.

While it’s important to take some time to reflect, take into account that franchising is perhaps the closest replication to the military – meaning a transition into a new civilian will be easier, as countless other veterans in franchising have proven.

Vets should understand the costs, expectations, and journey

Although the start-up franchising costs aren’t cheap – often in the five-figure or above range – many franchisors offer franchise-fee discounts and other incentives to veterans. That’s because veterans excel at owning and operating franchises, and deserve to be rewarded for the value they bring.

However, this new career path won’t necessarily be an easy mission.

Rewarding? Yes, absolutely. Challenging? Almost certainly. 

Invest yourself in the beginning, for the long haul

Especially in the beginning stages of owning a franchise, new franchisees will need to ensure they hire the right staff, establish a strong team-focused business culture, and optimize daily efficiencies to ensure profits are maximized.

And while hours as a business owner can be flexible, owning a business means that the majority of the work will likely need to be done by you, unless you’ve hired a management to oversee operations.

But the successful end result is liberating – knowing you became an entrepreneur.

And for many veterans, this is a mission that changes their lives forever.

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.