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Why It Pays to Buy a Franchise as a U.S. Veteran

Charles Internicola

by Charles Internicola
National Business and Franchise Lawyer

Date: 02/11/2015 | Category: Buy a Franchise | No comments

 

Staten Island Franchise Law

Setting out on your own and starting your own business can be a daunting task for anyone, but when you add in the unique challenges of returning to civilian life as a military veteran, the process may be more than a little intimidating. Fortunately, there are numerous programs available to assist veterans looking to join the expansive world of entrepreneurship, as retired Army Master Sergeant Grant Springer discovered.

The costs of buying a franchise often deter many from taking the first step, but Springer found that hundreds of U.S. businesses and government programs offer discounts and scholarships to veteran entrepreneurs.

After carefully researching his options, Springer chose the travel retailer CruiseOne – partly because it allowed him and his wife to indulge in their love of travel, but also because it offered a 20 percent discount on franchise fees as well as the freedom to work from home.

Additionally, CruiseOne officials weren’t looking to simply take Springer’s money and then send him out alone; they advised him to apply to an annual waiver awarded to veterans to help cover franchise startup costs, transportation, and training.

“It wasn’t about the money – it was about the type of people that they’re bringing in,” said Springer, who received one of the highly sought-after waivers.

Like other top franchises for current and retired military members, CruiseOne understands that by providing incentives and support to veterans, the franchise as a whole benefits from gaining franchisees with military training. According to Military Times, the franchise model is a perfect fit for many veterans who are trained to work as a team member and follow directions while also allowing the flexibility for leadership.

To learn more about franchise opportunities for veterans, visit the U.S. Department of Veteran Affairs’ Office of Small & Disadvantaged Business Utilization.

If you are interested in buying a franchise and exploring your options, visit the complimentary Franchise University Program provided by The Internicola Law Firm, P.C. by clicking here.

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