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Can Vets Get a Special Deal on Franchises?

I just got out of the military, have saved some money, and want to buy a franchise. How do I get started? Are there special programs or discounts for veterans?
Jeff Elgin answered April 13, 2011
URL: http://www.entrepreneur.com/answer/222289
Being a veteran is a huge advantage if you're thinking of getting into the franchise business.

Franchise companies have learned that veterans can make excellent franchisees. They are typically very disciplined, they are used to learning and following systems to accomplish results and they often have a source of additional income from the pension payments they receive after retiring from active duty.

Many franchise companies offer discounts or other financial incentives to veterans. There is even a directory from the International Franchise Association called VetFran that includes hundreds of different franchise companies for providing this type of financial assistance.

You should begin your search by reviewing franchise information on sites like this to get a solid general background on the industry and then you can begin looking into individual franchise opportunities when you're ready for that stage of your quest.

Jeff Elgin has almost 20 years of experience franchising, both as a franchisee and a senior franchise company executive. He's currently the CEO of FranChoice Inc., a company that provides free consulting to consumers looking for a franchise that best meets their needs.