Interested in becoming a veteran franchise owner? The best franchises for veterans offer additional support and incentives for former military. Learn more about veteran-friendly franchises.
Power of Veterans
By the most recent numbers, veterans are powerhouses in business. They own 5.9% of all businesses in the United States and employ 3.9 million people, according to the U.S. Census Bureau. Veterans glean the discipline and leadership skills required to succeed as entrepreneurs during their time in the service.
Recognizing the entrepreneurial spirit of veterans, the U.S. Small Business Association offers a number of programs and loans to help veterans get a business up and running. The Veterans Business Outreach Program provides business training, counseling, and mentoring referrals to give veterans the resources they need to tackle entrepreneurship. And during the transition to civilian life, most veterans participate in the Boots to Business program, which offers an overview of business ownership.
The franchise community also understands the positive economic impact and value of veterans. Most franchisors focus a portion of their recruitment on attracting veterans.
Veterans make ideal franchisees. At least 97% of franchisors believe veterans make excellent franchise owners, and one out of every seven franchisees is a veteran. The men and women exiting the military excel at leadership and following procedures. Veterans know how to manage stress, work hard, and create a plan for action — all hallmarks of a great franchise business owner. The bravery and tenacity they displayed while serving the country make them poised for a future as entrepreneurs.
Franchising puts you behind the wheel of a brand with a proven business model while offering ample support to help pave a path to profitability. It provides a turnkey, scalable business with discounts for veterans. Many franchisors offer a discount on the initial franchise fee to make it easier for you to pursue a new career as a franchise business owner. Beyond what you already know, franchisors provide the specialized training you need to succeed in your industry of choice.
Best Franchises for Veterans
If you’ve contemplated opening a business, here are some of the best franchises for veterans.
- Home services. Ride the wave of the home services boom. The average homeowner spends more than $3,000 per year on home repair services, according to Angi, a home repair resource. As home prices continue to skyrocket and interest rates climb, many Americans are choosing to renovate their current home rather than move. Home improvement spending rose 25% in 2021. Some popular projects included painting, bathroom remodels, flooring, and landscaping.
- Travel planning. After spending time stuck at home following the pandemic outbreak, many Americans are ramping up travel. A travel franchise provides a valuable service to people who want to alleviate the headache of trip planning and is a home-based, low-investment opportunity. You’ll have the technology and tools to create your own schedule, which allows you to spend more time on the home front.
- Foodservice. Investing in a foodservice franchise will set you on track to establish a family business and create a multigenerational legacy. Despite high food costs and labor shortages, experts predict there will be 225,245 franchise restaurants in the United States by year-end.
- Auto repair. The aftermarket auto industry is slated to reach $19 billion by 2026. With the average age of cars on the road reaching a record high of 12.2 years in 2021, the demand for auto repair is on the rise. People rely on trustworthy mechanics to help keep their families safe on the open road. Car service franchises are essential businesses and offer a recession-resistant opportunity.
<H2>Moran’s Family of Automotive Brands
Moran Family of Brands is a leader in the aftermarket auto and window tinting industry. We are the franchisor of a lineup of established brands, including Milex Complete Auto Care, Mr. Transmission, and Turbo Tint.
Moran is a VetFran member. In recognition of service to our country, we offer a discount of $6,750 off the initial franchise fee for honorably discharged veterans who satisfy the VetFran program guidelines.
As part of our business model, we enable veterans to have the flexibility to build a business to fit their needs. Our focus on co-branding gives franchise owners a leg up on the competition by providing a one-stop shop for all their customer’s car care needs. Having two locations under one roof helps generate higher ticket prices and strong repeat business.
Explore a Future in Auto Repair
To explore investing in a franchise with a bright future in the aftermarket automobile and window tinting industry, request information and connect with one of Moran’s franchise business consultants.