According to the U.S. Census Bureau, there are nearly 22 million military veterans in the country. Further, 9 percent of all businesses in the country are majority-owned by veterans. While the employment rate for military veterans is beginning to improve, they have for a while experienced higher unemployment rates than non-military veterans. Many veterans turn to starting a business, especially franchising one, in an effort to create their own employment after leaving the military.
“We have military veterans who have franchised our machines and are doing great,” explains Dan Negroni, the chief executive officer and president of Fresh Healthy Vending. “Franchising offers military veterans some perks that will help these small-business owners succeed. Plus, there are programs in place to help veterans obtain a franchise much more easily.”