According to G.I. Jobs, franchising is a hot target for veterans who want to put their strengths to work on the civilian market as small business owners. With millions of veterans living across the nation and several hundred thousand transitioning out of the military each year, business ownership is, statistically speaking, an area of growth. One out of seven businesses is owned by a veteran, with over 3 million total!
Apparently some franchise companies see the value in the skills servicemembers gain during their time in the military, as well. Some companies offer military assistance programs to help vets come up with the initial franchise fee and start-up expenses. Others waive training fees, provide development services just for vets, and more. The August 2006 issue of G.I. Jobs focuses on Spring-Green and Juice It Up! franchises (and two of their former military franchisees), but other companies such as Mr. Rooter Plumbing and the like participate in such programs, used to recruit and support America's veterans.
Future editions of the publication will focus on comparison shopping, cutting down your risks, and success stories. If you're a veteran who will be leaving active duty soon, or you just want to get the skinny for the future, you can get further info from them at the G.I. Jobs website. Their sister publication, Veterans Business Journal, offers information specifically for "vetrepreneurs" and business owners as well, rather than general job-finding information like theirs. (You should be able to find both publications at your PX/BX also!)
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