The Franchise Blog For Vets

Food Franchises Continue To Attract Military Veterans As Franchise Owners

Military Veterans are an interesting bunch. They live a system. Some of them can translate this "systematized" thinking into franchise ownership. According to QSR Magazine; "Understanding how to work within an established system is one of many characteristics that make veterans attractive to fast-food franchisors. Others include leadership skills, character, and a sense of urgency, say companies that have brought... Read more →

Are You Thirsty, Veterans? Have A Free 7-Eleven Slurpee

It's that time of the year. Saturday is 7-Eleven Day, and the day the world’s first convenience retailer celebrates its birthday. This year promises to be the biggest ever, with 7-Eleven planning to give away close to 5 million free 7.11-ounce Slurpee drinks to celebrate its 82nd birthday at more than 6,000 stores in the U.S. and Canada. Go Read more →

Veterans; You May Get A Tax Credit If You Buy A Franchise

It is getting even better to start a franchise business.... From the IFA; "Today, bipartisan legislation was introduced that will assist military veterans who are transitioning from active service to civilian life realize their dream of small-business ownership. Rep. Aaron Schock, R-Ill., and Rep. Leonard Boswell, D-Iowa, introduced the “Help Veterans Own Franchises Act of 2009.” Read more about this... Read more →

New SBA Chief; On The Job For 5 Weeks, And....?

Karen Mills has been working hard, {Let's assume} for 5 weeks now. Is she fixing anything? Are those three-piece suits loosening lending up for start-ups? During an interview with the Denver Business Journal, Mills said she has three priorities; "The first is to get the Recovery Act implemented — get the money in the hands of small businesses. At this... Read more →

New SBA Loan Rules To Affect Veteran Entrepreneurs

If you are Veteran, and are thinking about purchasing a business, some new SBA rules may make things a little more difficult, especially if it is an existing business. According to The Washington Post: "The agency this month notified banks offering its most popular loan program, that effective March 1, the SBA will limit "goodwill" financing to 50 percent of... Read more →

Job Losses Adding Up; Thinking About Starting A Business?

Business ownership is an option that more and more people are thinking about, as job losses mount. Not everyone has a day job to keep, and those who've lost theirs might find the notion of starting a business appealing. But don't expect it to be easy. Read this Columbus Dispatch story. Are you getting into a business of your own... Read more →

Work In A Franchise Before You Buy it?

As more Veteran's start returning from overseas, they will be faced with many decisions. One of their decisions will revolve around their careers. Will returning war veteran's opt for traditional jobs, or get into more entrepreneurial ventures? One thing they may be looking at is franchise ownership.... Recently, I wrote an article about a young franchisor out of Ohio, called... Read more →

Will The Franchise Industry Take Off?

“It doesn’t matter whether the Dow is 5,000 or 50,000,” Guy Kawasaki says. “If you’re an entrepreneur, there is no bad time to start a company.” In a way, he is right. Sometimes, our circumstances force us to act sooner, rather than later. Guy, a venture capitalist, recently spent some time on The Navy's USS John C. Stennis, and wrote... Read more →

Veteran's Day Activities Today, Nov. 11th, 2008

Today is Veteran's Day. Here is the official proclamation: "Our country is forever indebted to our veterans for their quiet courage and exemplary service. We also remember and honor those who laid down their lives in freedom's defense. These brave men and women made the ultimate sacrifice for our benefit. On Veterans Day, we remember these heroes for their valor,... Read more →

Michigan's Downsized Entering The Franchise World

The Michigan Franchise Center.com Michigan has been hit especially hard with job losses, mostly form the automotive industry. For some of those workers, investing in a franchise is one way to go. These uncertain times demand that future franchise owners take the selection and research processes seriously. According to The Detroit News: "Nearly 75,000 jobs were cut from the state's... Read more →