The FCC Veterans Franchise Council has launched a $1,000,000 financial initiative to support veterans aspiring to own their own business. As part of this initiative, the first 100 veterans who qualify can receive up to $10,000 to help make their entrepreneurial dreams a reality. FACT: 1 in 7 franchises is owned by a veteran, and these franchises span a wide range of industries, including pets, fitness, healthcare, food & beverage, home services, technology, security, and automotive, among many others. Bet on a Vet 100 seeks to empower even more veterans to take that step into franchise ownership and build successful businesses.
Veterans have demonstrated leadership, discipline, and resilience throughout their military careers, and these same traits make them natural entrepreneurs. Franchising offers a unique opportunity for veterans to take control of their financial future while continuing to serve their communities in new and meaningful ways. By participating in
Bet on a Vet 100, veterans not only receive the financial backing they need but are also inspired to use their skills to create thriving businesses that contribute to local economic growth.
Steps In The Process
When a veteran expresses interest in franchise ownership and applies for the $10,000 seed money, we begin with a short questionnaire to determine their business interests, timeline, and financial situation. This personalized approach allows us to better understand the veteran’s unique goals and capabilities. From there, we work closely with the veteran to identify franchises that align with their interests, skills, location, and family needs. Finding the right franchise is the first critical step toward securing the financial award.
To qualify for this initiative, the applicant must be an honorably discharged U.S. military veteran or an active member of the U.S. military. They must complete the intake questionnaire and work directly with a Veterans Franchise Council (VFC) participating member consultant throughout the process. After qualifying for a franchise, the veteran is officially registered with that franchisor through the VFC consultant, and once the franchise purchase is completed, the seed money is awarded.
As we help veterans navigate through hundreds of franchise opportunities, they gain a clearer understanding of which business models best fit their personal situation. This tailored support ensures that each veteran is not only matched with the right franchise but is also well-equipped to succeed in business ownership.
The Impact of Veteran-Owned Franchises
Veteran-owned businesses have a powerful impact on their communities. Veterans bring a strong sense of duty and commitment to everything they do, and as business owners, they are focused on success and making a positive difference. Through
Bet on a Vet 100, we aim to continue inspiring veterans to pursue their entrepreneurial goals, fostering economic growth, and creating opportunities for others.
By supporting veterans in their pursuit of franchise ownership, we are not only helping individuals achieve financial independence but also contributing to the vitality of local economies. Veteran-owned franchises often create jobs, provide valuable services, and serve as beacons of leadership within their communities.
Bet on a Vet 100 is an extraordinary opportunity for veterans to take the next step in their journey of service—this time, as business owners. By providing financial assistance, guidance, and access to resources, we empower veterans to thrive as franchisees. The skills they honed in the military translate seamlessly into entrepreneurship, and with the support of the FCC Veterans Franchise Council, veterans are well-positioned to succeed.
With 1 in 7 franchises already owned by veterans,
Bet on a Vet 100 is set to expand that number and help more veterans achieve their dreams of business ownership. Let’s continue to bet on our veterans and invest in their future as they embark on this new mission, creating thriving businesses and continuing to serve their communities with pride.
For more information, reach out to Joe Griffith, a third-generation military veteran, who can guide you through the process and help you take the first step toward owning your own franchise.
About the Author
Joe Griffith II's entrepreneurial and public service career has spanned almost 4 decades. From his service to our country in the US Air Force, his service as a Fire Lieutenant for the past 20+ years and as a lifelong entrepreneur and franchisee, Joe uses a Servant leader mentality to assist his client’s needs through active listening, conceptualization, foresight, innovation, and stewardship. He actively works with transitioning military veterans and First Responders. Contact Joe at jgriffith@thefranchiseconsultingcompany.com.
Thank you for subscribing to the Franchise Journal Newsletter.