As you know more than 40,000 troops have returned home from Iraq since December 2011. Since their return, many veterans are facing a difficult time finding a job. In fact, last year, the poverty rate for veterans ages 18 to 34 reached 12.5 percent--more than double the rate 10 years ago. To assist with this cause, the International Franchise Association (IFA) has developed a program, “Operation Enduring Opportunity”, with a goal to “to hire as team members and recruit as franchise business owners 75,000 veterans and military spouses and 5,000 wounded warriors by 2014.” Several franchisors have joined this operation to support Veterans as they return back to the states providing incentives and discounts including:
• Bach to Rock- will waive the franchise fee and offer 50 percent royalty fee reduction. In total they are offering savings of nearly $49,000.
• CiCi’s Pizza- will waive its franchise fee for the first restaurant and offer a 50 percent royalty fee reduction for the first full year in operation. In total they are offering savings of approximately $58,000.
• Valpak- will offer training at no direct cost- an estimated $32,000 in savings. In addition qualified applicants will be able to acquire a Valpak territory with no franchise and training fee (regularly $17,500). In addition, the territory fee for the first three Neighborhood Trade Areas (NTAs) will be waived; as the market grows, additional NTAs can be opened at a 50 percent discount.
It’s our job as American Citizens to help our vets continue to grow and develop themselves once returning from war. Entrepreneurship in the form of franchising is a natural progression for veterans who possess specialized skill sets, discipline and drive, and a strong work ethic. For more information on franchisors offering veteran’s incentive programs, visit www.VetFran.com.
















