Buying a business can seem far-fetched for those transitioning from active military to civilian life, especially when you factor in the challenges that some face with reacclimating themselves into everyday life. However, there is good news, there are many great career opportunities out there that are quite ideal for men and women who dedicated years of their lives to serving our country. Military training prepares service members for leadership roles in the community, and one of the most lucrative leadership roles out there today is that of a small business owner.
Starting a business requires a lot of planning and typically requires a large outlay of money. However, veterans can skip a lot of the planning by buying a business instead of starting one from scratch. Purchasing a franchise offers significant advantages to someone with superior leadership skills. Many franchises today are actively recruiting veterans to buy a business. Some are even offering discounts on their fees to encourage veterans to invest in their ventures.
In addition to discounted franchise fees, there are also a number of financing options available for veterans who want to start their own business through franchising. With a VA small business loan, a veteran who wants to buy a franchise can get started quickly so they can begin making money in the civilian world right away. Because they’ll have a clear outline of the business model and support from the company, veterans who can transfer their skills into entrepreneurship could see huge profits by taking this route instead of applying for a traditional job.
Many companies today offer franchise opportunities, and the best way to find out which one is best for any recently discharged veteran is to work with Houston business brokers who are familiar with benefits and opportunities for Vets. A broker can help a veteran assess their skills and figure out which type of business is right for them.
While some thrive in a busy restaurant, others are happier in a child development center or even a security company. Brokers work hard to match every interested veteran with an available best-fit business for sale. After selecting the ideal business, a broker can even help a client find the perfect financing solution so out-of-pocket expenses won’t be overwhelming soon after losing their stable military salary.
Speak with the experts of Del Lingco International for more information and professional assistance. To all our Veterans and families… Happy Veterans’ Day!