BEST FRANCHISES FOR VETS — NEW RANKINGS: These brands have special incentives for veteran entrepreneurs.

SCPO Private RallyPoint Member — Mon, 14 Sep 2015 11:18:01 -0400

Are you compatible? Do you share similar values? Can you depend on them for support? How have their other relationships gone? Are they in it for the long haul? Are you?

Important questions when you’re trying to find a spouse, for sure.

But you should also have these things in mind if you’re considering a franchise.

You can always transfer out of a bad college or put in your two weeks’ notice at a bad job. But pick the wrong franchise and you could be stuck for years — or have to deal with big debts.

The rankings
The methodology

“Looking at a franchise opportunity, you’ve got to think of it in terms of a marriage, because it is a long-term relationship,” said Tim Courtney, a vice president with CruiseOne, which took the top spot in our Best for Vets: Franchises 2016 rankings.

Vets who are thinking about franchising should do plenty of research, consider what type of work and hours are best for them, and be wary of offers that sound too good to be true, Courtney said.

And be sure to consult your loved ones before you make any proposals to a franchise.

“Always involve your family — your spouse, your children — in the decision,” he said, because it will certainly affect them.

http://bestforvets.militarytimes.com/franchises/2016/

Best for Vets: Franchises 2016 | Military Times

We invited franchise brands across the country to complete a rigorous survey telling us about their companies as well as their accommodations for service members and veterans. The rankings were created based on the answers provided to questions about the company's culture, the performance of franchise units, the costs associated with franchising, and the financial and other support offered to veteran and active-duty service members and their...

Response by SCPO David Lockwood made Sep 14 at 2015 11:19 AM

SCPO David Lockwood — Mon, 14 Sep 2015 11:19:03 -0400

Something to think about! Thanks for sharing!

Response by SFC Joe S. Davis Jr., MSM, DSL made Sep 14 at 2015 11:19 AM

SFC Joe S. Davis Jr., MSM, DSL — Mon, 14 Sep 2015 11:19:20 -0400

SCPO Private RallyPoint Member thanks for the thread, very informative, will pass the word on!

Response by SSG Carlos Madden made Sep 14 at 2015 12:44 PM

SSG Carlos Madden — Mon, 14 Sep 2015 12:44:43 -0400

Thanks for sharing SCPO Private RallyPoint Member. Do you have the link to the list?

Response by SPC(P) Jay Heenan made Sep 14 at 2015 1:02 PM

SPC(P) Jay Heenan — Mon, 14 Sep 2015 13:02:08 -0400

Am I missing something? There is no link to the list...

Response by SSgt Alex Robinson made Sep 14 at 2015 9:23 PM

SSgt Alex Robinson — Mon, 14 Sep 2015 21:23:32 -0400

Thanks for sharing

Response by Cpl Anthony Pearson made Sep 15 at 2015 2:15 PM

Cpl Anthony Pearson — Tue, 15 Sep 2015 14:15:35 -0400

Shared this!! Thank you so much for posting.

Response by CPT Woodrow Wollesen made Sep 15 at 2015 2:17 PM

CPT Woodrow Wollesen — Tue, 15 Sep 2015 14:17:37 -0400

As well suggested reading on the latest studies and statistics respecting franchise ownership and most especially SBA loan guarantees - Ongoing series published by VetLikeMe (Disabled Veteran National publication for veterans - see * (Part IV) http://www.ultimatefinancingguide.com/vetrepreneurs-and-vet-business-owners-continue-to-ignore-risks-and-realities-portending-failure-remedies-for-success-readily-available/; http://vetlikeme.org/vetrepreneurs-and-vet-business-owners-continue-to-ignore-risks-and-realities/ - Part V in the series due to be published this week (follow up on franchise ownership a new decision that could affect the entire franchise model)
VetlikeMe http://vetlikeme.org/

Response by SPC Richard Montalvo made Sep 15 at 2015 6:21 PM

SPC Richard Montalvo — Tue, 15 Sep 2015 18:21:28 -0400

you know ive offen wondered about franchises Iam a nam vet and i have a company that does some ungue thing 15 years ago i built a machine that pumps soil slurry under foundation voids .crawl space that hold standing water or just about anywhere you need soil pump
We get calls from all over the country .florida.calif.washington state .
the name of our company is monty soil pumping . in groves texas. we have a facebook page .
if you are a dedicated person for this you can make 100.000 or more and the machine only takes 2 men to operate

Response by CPT Woodrow Wollesen made Sep 16 at 2015 4:06 PM

CPT Woodrow Wollesen — Wed, 16 Sep 2015 16:06:44 -0400

Updating from the last post respecting franchise issues citing the entire ongoing series on Business/Financing through VetLikeMe (Disabled Veteran National Publication for Veterans), Part V published yesterday. Go to New Threats of Severe Adverse Impacts for Vetrepreneurs and Existing Vet Franchise Owners
http://www.ultimatefinancingguide.com/new-threats-of-severe-adverse-impacts-for-vetrepreneurs-and-existing-vet-franchise-owners/; http://vetlikeme.org/new-threats-for-vetrepreneurs-and-veteran-franchise-owners/

New Threats of Severe Adverse Impacts for Vetrepreneurs and Existing Vet Franchise Owners | The...

As comprehensively covered within the last installment of the ongoingVetLikeMe series on business and financing, the latest study and figures respecting franchise ownership are less than encouraging. http://vetlikeme.org/vetrepreneurs-and-vet-business-owners-continue-to-ignore-risks-and-realities/. SBA franchise loan failures were found to be one in six (covering only write offs after all borrower collateral has been liquidated). New Study...

Response by CPO Emmett (Bud) Carpenter made Oct 1 at 2015 9:54 PM

CPO Emmett (Bud) Carpenter — Thu, 01 Oct 2015 21:54:18 -0400

I ended my Navy adventure in 1989 with retirement . I bought a Snap-On tools franchise in 1995. I sold my Snap-On franchise in 2014 and entered the wonderful world of retirement debt free. If you are willing to work hard, You can't go wrong with Snap-On Tools.