The International Franchise Expo has marked the one year anniversary of their Operation Enduring Opportunity, an initiative set to hire more than 75,00 military members and 5,000 wounded warriors by December 2014.
Since its inception, Operation Enduring Opportunity has helped 64,880 veterans, wounded warriors, and spouses start careers in the franchising industry (this includes 4,314 new franchise owners).
IFA President Stevie Caldeira recently appeared on FOX Business to talk about how the franchise industry has helped veterans who are looking for jobs after returning home. He also explained why veterans and franchising are such a great match.
“Veterans are used to systems and structures and if you look at what makes franchising successful, it requires the same skills,” said Caldeira. “Now we have the research to show that franchising is good for veterans and veterans are good for franchising.”
The IFA recently put out a moving video, From Honor to Owner, which premiered at Veteran Day events in Atlanta, Austin, San Antonio, and St. Paul. The video highlights veterans returning from the military, and what franchisors are doing to help with Operation Enduring Opportunity and the VetFran Initiative.
Here’s a great video by Bloomberg on Demand. This video covers the basics of franchising, from typical costs to the FDD (franchise disclosure document).
Video Summary: “Franchising lets people own and run a business without all the risks of a typical start-up. Learn what you need to know about the Franchise Disclosure Document (FDD), the costs of buying in and a lot more!”