According to a new IFA survey, more than 50,000 veterans have found employment in the franchise industry over the past year and more than 400 veterans have become local franchise business owners. Since 2011, the franchise industry has hired and recruited more than 203,890 veterans, military spouses and wounded warriors — including 5,608 new veteran franchisees.
The franchise industry has hired and recruited more than 203,890 veterans
According to a new IFA survey, more than
50,000 veterans have found employment in the franchise
industry over the past year and more than 400 veterans have become local
franchise business owners. Since 2011, the franchise industry has hired and
recruited more than 203,890 veterans, military spouses and wounded warriors —
including 5,608 new veteran franchisees.
“Franchise businesses realize that creating employment and
small-business ownership opportunities for veterans, military spouses and
wounded warriors is not only the right thing to do, but it makes good business
sense,” said IFA President & CEO Steve Caldeira, CFE.
“Jani-King has a strong and proud history of supporting
veterans in reaching their goals with a Jani-King franchise,” said Jerry
Crawford, CEO & President of Jani-King International. “There are many
terrific success stories of veterans within the Jani-King program including
employees, master franchisees, unit franchisees and employees of unit franchisees.
It is important that we continue to support or current veterans and create new
opportunities for those considering a return to civilian life.”
The Franchise Business Review survey reported that 52,333
veterans have found employment opportunities in the past year across 13,446
business locations.
62 participating franchise brands successfully recruited 416 veterans as new
franchisees during the same period, and an additional 350 veteran franchisee
candidates are currently under consideration.
70% of the franchisors surveyed indicated they had hired a veteran or the
spouse of a veteran in the past year.
The most popular industries among veterans coming into franchising include
Automotive (16%), General Services (17%), Food (14%), Residential/Home Services
(14%) and Business Services (9%).
