Cyber Week Sale! 50% Off All Access

3 Mission-Critical 'Hot Buttons' for Military Veteran Franchise Buyers Incorporate these three strategies in your franchise system to recruit veterans striving for civilian success.

By Rick Grossmann

Opinions expressed by Entrepreneur contributors are their own.

Inti St Clair | Getty Images

Our U.S. military veterans have paid the price for our freedom. Much of the free market that we enjoy as entrepreneurs in America is only possible due to the brave soldiers that have protected the United States over many decades and conflicts (both foreign and domestic).

Many franchisors are realizing that military veterans make fantastic franchise owners. Vets are very good at following systems, which is foundational to most franchise opportunities. As I have said many times, the franchisees that follow the franchise system the closest tend to be the most successful. This reality makes veterans a very sought-after group for many franchisors.

Related: Why Veterans Take the Initiative to Explore Entrepreneurship

I have worked with many vets over the years as they searched for the perfect franchise to start and grow and identified a few "hot buttons" that most vets consider to be important as they shop franchise opportunities.

1. "Mission" work format

Many of my veteran clients have shared with me that they prefer a work style that is mission driven rather than a static environment. This model includes mobile business models that have daily project based assignments. Many franchise models today offer mobile options including repair and maintenance businesses that travel to the customer's home or place of business.This model is becoming more popular as technology makes mobile dispatching more efficient. Vets that have been in a structured, mission-based environment while in the military can thrive working within a franchise system that has a similar work structure.

Related: How Military Service Made These Veterans Better Entrepreneurs

2. Community

Most veterans make life-long bonds and friendships when they serve together. Some call the people they serve with their brothers and sisters. This family environment is important on the battlefield. The downside is the loss of this support system once they leave the military. Many vets have told me that losing their military family is the hardest part of returning to civilian life. Building a strong franchise community should be an intentional effort for all franchisors, but this is especially important for those that are seeking former military franchisees. Franchise organizations are a perfect business model for community building due to that fact that everyone in the group is working together for the good of all within their brand. This becomes the common "cause" that binds the community together and focuses them on the core values of the company. Franchise organizations that embrace a true commitment to building a family culture are a good fit for vet franchisees.

Related: 100 Franchises With Discounts, Freebies or Incentives for Veterans

3. Leadership

The military structure is very system-driven and is great at building leaders. Franchise organizations that offer leadership opportunities for those franchise owners that have been trained in the military have enjoyed the added benefit of recruiting incredible leaders. Franchise models tend to follow specific systems that the franchisor creates to increase the success potential of the franchise community. Veterans who choose leadership roles in a franchise organization will have a natural ability to run the systems "by the book," which is beneficial for all. True commitment to building great leaders within a franchise organization is critical for veteran franchisees. They have trained in an environment where they depend on their leaders and strive to become leaders themselves. They need to see a strong team of leaders to build trust, follow and respect. It is advisable for emerging franchise brands to invest in the leadership of the company. This should include leadership development and coaching programs. Franchise executive coaching has become more popular over the years as the industry has grown.

There are huge opportunities for franchise organizations to recruit talented veterans to join their ranks. The United States is experiencing an influx of military servicemen and women returning to civilian life and looking for their next mission. Franchisors that are successful in recruiting vet franchisees have a clear marketing plan. There are many consulting organizations that specialize in franchise recruiting that can assist in the development of strategic plans that include military leadership programs.

Rick Grossmann

Entrepreneur Leadership Network® VIP

Founder, Author, and Head Coach

Rick has been involved in the franchise industry since 1994. He franchised his first company and grew it to 49 locations in 19 states during the mid to late 1990s. He served as the Chief Executive Officer and primary trainer focusing on franchise owner relations and creating tools and technologies to increase franchisee success.

Rick developed and launched his second franchise organization in 2003. He led this company as the CEO and CMO growing to over 150 locations in less than three years. He developed the high-tech/high-touch franchise recruiting and sales system.

Both companies achieved rankings on Entrepreneur magazine’s Franchise 500 list. During this period, Rick served as a business and marketing consultant to small businesses and multimillion-dollar enterprises. He also consulted with franchise owners and prospective franchisees, franchisors, and companies seeking to franchise around the world.  Franchise Bible Coach has been voted a top franchise development firm in Entrepreneur's 2023 Top Franchise Suppliers ranking.

Rick is the author of Entrepreneur Magazine's Franchise Bible series, and his 9th Edition was released worldwide in April of 2021. He is also a contributing author to Entrepreneur magazine and other industry publications on franchising and business.

He currently heads up the Entrepreneur Franchise Advisors program, serves as an executive coach and strategist for multiple franchise clients, has been voted as one of the Top Global Franchise Influencers consecutively since 2021, and is the co-host of the Franchise Bible Coach Radio Podcast.

 

 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Marketing

The End-of-the-Year Marketing Checklist That Helped Triple Our Annual Revenue Growth

List your marketing metrics and check them twice if you want bigger returns. Here are seven strategies I used to triple our annual revenue growth.

Side Hustle

'I Just Hustled': She Earned More Than $300,000 Wrapping Gifts Last Year — and It All Started With a Side Hustle

When Michelle Hensley lost her husband to cancer, she needed to figure out how to earn an income for her family.

Business News

Would You Pay $200 for ChatGPT? OpenAI's New Reasoning Model Has a Hefty Price Tag.

At $200 per month, ChatGPT Pro is 10 times more expensive than the popular ChatGPT Plus plan.

Business News

Unsolved Murder of UnitedHeathcare Exec Causes Panicked Health Insurance Companies to Take Down Website Leadership Pages

The shooting death of CEO Brian Thompson has prompted several large companies to take a harder look at their security measures.

Leadership

How to Master the Art of Delegation — Lessons From Andrew Carnegie's Legacy

Here's what Andrew Carnegie can teach today's entrepreneurs about leadership, teamwork and effective delegation.