St. Paul, MN–Veterans returning to civilian life after service to our country are often frustrated when searching for a new career. According to Franchise.org, one option may be franchise ownership, “With its rapid training opportunities, scalability, and need for operational execution and excellence, franchising has proven to be an excellent opportunity for veterans to continue serving their communities as local entrepreneurs.”
Throughout the franchise industry, the synergetic pairing of veterans and franchising is recognized. Veterans, with their commitment to excellence and following a process to achieve results, make great franchise owners. Franchising, which provides aprocess for everything, from selecting the business site, to sourcing materials, to finding clients, is an excellent vehicle for veteran business ownership. A focus from the industry to help veterans enter business ownership through franchising began years ago.
To promote veteran ownership of franchise businesses, the International Franchise Association, “in recognition of the need to find a place for our returning veterans, made a commitment in 2011 to hire and recruit 75,000 veterans and their spouses, including 5,000 wounded warriors, by the end of 2014 as part of Operating Enduring Opportunity. As part of the campaign, over 64,000 veterans, military spouses and wounded warriors have started careers in franchising, including 4,314 who have become veteran franchise business owners. Extending career opportunities to our nation’s veterans is critical both for the U.S. economy and for the social stability of veterans and their families.”
Last year Representatives Claudia Tenny and Julia Brownley introduced theVeteran Entrepreneurs Act of 2017, which includes a franchise fee credit for eligible veterans is an amount equal to 25 percent of the qualified franchise fee in connection with the purchase of a franchise. According to Ms. Tenny, “While the franchise industry offers numerous resources to help a new business owner be successful, they also charge a franchise fee in return, which adds to the already-large start-up cost of opening a new business. That is why we introduced the Veteran Entrepreneurs Act. This bipartisan legislation would help solve this problem by creating a tax credit of up to 25 percent of initial franchise fees for veterans seeking to own a franchise. It also gives the veteran the option to pass on that tax credit in exchange for a lower franchise fee.”
In a Vetfran.com article (republished from Stars and Stripes), Representative Tenny concluded, “We as a nation have made a promise to the heroes who put on the uniform. Small-business ownership must be accessible to all the men and women who have sacrificed on our behalf. The Veteran Entrepreneurs Act is one idea, among many, that can tear down the barriers to help veterans fulfill their dream of becoming entrepreneurs.”
NOVUS Windshield Repair welcomes veterans to explore business ownership as a NOVUS franchise. The NOVUS VetOps Program helps veterans get started as business owners by providing a minimal-investment opportunity and an attractive financing program designed just for veterans. Active members of the U.S. military or veterans who have been honorably dischargedcan receive these special incentives:
- $1,000 off the Initial Franchise Fee
- Available financing for up to $12,000 of other initial fees
- A partner with over 45 years of experience
- The freedom to spend more time with your family
- A strong support system from a team of experts in the auto glass industry
The NOVUS training program for new franchisees will help veterans learn the auto glass replacement processes and how to run their auto glass business, including marketing and sales. Support for the new veteran franchisee will continue with an on-site visit from theregional manager who will help kick off the new NOVUS business and ensure every system is set up and running as it should.
The NOVUS opportunity is open to veterans or to anyone who wants to own a successful business in a high-demand industry. An international leader in auto glass repair, NOVUS is ready to help you reach your business ownership goals. Learn more at www.novusfranchising.com, or call 800-944-6811 to get started.Back