2 min read

5 Reasons Why Veterans Make Great Franchise Owners

Jack 12/5/22 10:19 AM

Veterans in Franchising

5 Reasons Why Veterans Make Great Franchise Owners

Have you heard about the many different reasons why veterans make great franchise owners?

Veterans account for only 7% of the U.S. population. However, these individuals make up for 14% of all franchisees in America.

In this article, we’ll go over five reasons why veterans make great franchise owners at Jack in the Box.

1) Veterans Have an Entrepreneurial Spirit

Although most veterans may not want to start a business completely from scratch, they tend to have similar entrepreneurial traits.

According to Military.com, veterans have many of the same attributes found in most successful business owners. Such as:

Self-Efficacy
Need for Achievement
Comfort with Uncertainty
Decision Making Under Pressure

At Jack in the Box, our ideal franchising candidate is someone with an entrepreneurial spirit because of their ability to make things happen.

Veterans are highly desirable franchisees because of the business qualities they developed during their military service.

2) Veterans Bring Strong Organizational Skills

Another reason why veterans make great franchise owners is their understanding of the need to follow procedures.

Veterans have a deep respect for how important it is for each team member to follow orders throughout the chain of command.

For most franchise businesses to be successful, managers and owners must have a commitment to follow brand guidelines and standards.

Our comprehensive training program at Jack in the Box includes a combination of computer-based and on-the-job instruction on the following topics:

Point-of-Sale System
Ordering & Inventory
Marketing & Advertising
Information Technology
Setting & Achieving Goals

By the time training is complete, new franchisees should feel confident about operating their Jack in the Box restaurant.

When you combine our training program with leaders who have strong organizational skills, it will set your franchise up for long-term success.

3) Veterans Are Results Driven

Veterans are uniquely focused on the success of the mission. This requires thorough preparation and planning before and after the action happens.

Franchisees must use a similar strategy to reach their goals by preparing before the store opens and analyzing results to find ways to improve.

Military service teaches veterans the importance of creating detailed plans and making sure everyone is prepared to achieve results for the team.

4) Hard Work Doesn’t Scare Veterans

In the military, soldiers must complete rigorous physical and mental training drills to prepare them for the mission at-hand.

This level of fitness requires a daily commitment to hard work and the discipline to face challenges with a positive self-driven mindset.

Veterans who apply their appetite for hard work to their franchise will have plenty of opportunities to help their business grow.

5) Veterans Are Incentivized to Get Started

At Jack in the Box, we participate in the Veterans Transition Franchise Initiative (“VetFran”) to provide franchising opportunities to qualified veterans.

Our Veterans Program incentivizes franchisees with a military background by reducing the Initial Franchise Fee for the first new restaurant by 25% or $12,500.

We take part in this program to make our franchise opportunity more accessible to military veterans who are just getting started on their franchising journey.