The franchising industry boasts a remarkable presence of veteran entrepreneurs, with former service members owning an impressive 1 in 7 franchises in the US. This represents a disproportionate yet welcome contribution, considering veterans comprise only 7% of the civilian adult population.
Some striking statistics highlight the impact of veteran-owned franchises, including 25% of veterans expressing interest in starting their own businesses, and 65% of franchisors reporting increased veteran hiring in recent years.
As franchisors recognize the value veterans bring, the industry is actively recruiting former service members. The convergence of veterans' skills and franchising's structured entrepreneurship has created a thriving ecosystem, empowering veteran entrepreneurs and fueling industry growth.
FASTSIGNS® offers an industry leading Sign & Graphics Franchise Opportunity
Many veterans see franchising as a great opportunity to best employ their military training and know-how in civilian life while building a better future for their family.
One franchisor that set their sights working with the veteran’s community is FASTSIGNS®. They are the leading sign, graphics, and visual communications franchise, and have been ranked on Entrepreneur magazine’s list of Top Franchises for veterans.
FASTSIGNS® International, Inc. is the leading sign and visual communications franchisor in North America, and is the worldwide franchisor of more than 750 independently owned and operated FASTSIGNS® centers. They provide comprehensive signage and graphic solutions to help companies in all industries communicate their message and extend their branding across all of their customer touchpoints.
Often franchisors will offer veteran discounts including waived or deferred royalty fees, financial assistance on marketing and training costs, and most often a reduction in the franchise fee. FASTSIGNS® franchise initiatives available to veteran franchisees and first responders include:
Military veterans are intensely focused on service, quality of work, and contributing to a bigger cause — whether that’s helping customers meet their business goals or supporting the growth of the FASTSIGNS® brand.
The exemplary training and support that FASTSIGNS® provides its franchise owners has been recognized by Franchise Business Review, which has made the global custom sign and graphic brand a mainstay on its list of Top 200 Franchises. FASTSIGNS® stands out in their industry. This past year they were recognized with Satisfaction Awards for Best In Category, Top Franchises For Women and Most Innovation Franchises by Franchise Business Review, and recognized as a Best of the Best Franchise Opportunity by Entrepreneur Magazine for the 8th consecutive year!
“We’re proud to provide veterans with the opportunity and support to become successful entrepreneurs through the franchise business model,” said Mark Jameson, the Chief Support and Development Officer for Propelled Brands, the corporate umbrella of FASTSIGNS® and several other successful franchise brands.
“We value their contribution to helping us build a top-ranked franchise,” Jameson said, highlighting that about 14% of franchisees currently in the FASTSIGNS® system are military veterans.
As a growing $29 billion industry, signage and graphics will be in demand as long as businesses need to be seen. FASTSIGNS® will be there to create captivating, high-performing visuals for businesses around the world. FASTSIGNS® offers entrepreneurs and current business owners an opportunity to meet a growing demand for eye-catching graphics and marketing through franchising. Their dedication to franchisee success is why two of their company’s "Key Strategic Objectives" center on increasing franchisee's center sales and profitability. It's also why they’ve won awards for their level of franchisee satisfaction—and ultimately, it’s why their franchisees have achieved financial success and personal fulfillment.
Franchise ownership empowers veterans to capitalize on their military discipline, work ethic, and skills to build successful businesses. Given the similar approaches taken by the U.S. military and franchises in running well-oiled working units, it’s no wonder why FASTSIGNS® and many other franchisors covet those who served in the Armed Forces and why thousands of veterans choose to transition into franchising every year.
About the Author
Bob Hays is a Franchise Consultant and member of the Veterans Franchise Council. Previously owning a franchise himself, he provides strategic franchise navigation while guiding individuals and business owners on franchise opportunities. Contact Bob at Bhays@thefranchiseconsultingcompany.com.
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