Tag Archives: franchising

Veterans Day 2020

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Our commitment to serving those who’ve served for us, today and every day

Each year on Veterans Day, we thank our veterans for their sacrifice, bravery, and the example they set for us all. We are reminded of their service and bravery each day as we enjoy all of the rights and privileges that our military veterans fought for us to have. Here at Veterans Franchise, our mission is to give back to our veterans in the best way we know how: helping those who have served transition from service to entrepreneurship.

We firmly believe that military veterans are the perfect fit for the franchising model, having the most important keys to entrepreneurial success firmly ingrained in them from their time serving in the armed forces. Military veterans know discipline, structure, and dedication better than most, making them ideal candidates to own their own businesses and thrive as franchisees.

“The franchise industry is a strong supporter of veterans,” explains David Schwartz, CEO and founder of VeteransFranchise.com. “Many franchise opportunities are aggressively recruiting veterans as franchisees. They realize how perfectly military training translates into franchise ownership.”

Because of this, there are countless franchises and business opportunities that provide support, financial benefits and other incentives for those who have served in the armed forces. That’s part of the reason why CEO Dave Schwartz founded VeteransFranchise.com, and the reason why VeteransFranchise.com is committed to only featuring veterans-friendly opportunities on our site to connect veterans with only the best opportunities available for them within the franchise space.

This Veterans Day, we encourage everyone to go out and thank a veteran for their service and for making the ultimate sacrifice so that we can all enjoy the benefits of freedom and peace. Whether you’re a military veteran, a military spouse, or whatever your situation may be: Veterans Franchise remains committed to giving back to our veterans and their families, not only on Veterans Day but every day.

The Many Benefits Of Franchising

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Franchising is practiced in many business establishments today. With franchising, the franchisor generally licenses its trademarks and business modus operandi to the franchisee. This is done in exchange for a recurring payment from the franchisee which may be a percentage of gross sales or gross profits and annual fees. Businesses working as a franchise arrangement are referred to as chain stores, franchises or franchise outlets.

The advantage of franchising lies in the fact that the franchisor is still in command of the financial part of the business. The franchisee only pays the franchising fees and other commitments while the assets are controlled by the company. Moreover, with franchising, the franchisor provides trained employees for the franchise. In fact, if required, they will also provide the necessary training to the employees, wherein the franchisees save in training costs.

When entering into a franchise agreement, it is necessary for the franchisee to pay some capital amount as a security deposit to the franchisor. With this payment, the franchisee runs the franchise with the needed dedication as they will not want to lose the capital sum to the franchisor. As the company would have already had a good standing in the market and allots franchises just to expand, there is not much of a hassle in getting customers, and business to the franchise.

Franchising helps in the growth of a business as there are no limits to the number of franchises to a company. It is in fact much easier to open franchises of a company than branches of a business as the cost involved is much lower. Moreover, the franchisee receives franchise fees, franchise royalty, better lease options, discounts on equipment and raw materials and discounts from vendors. So they basically have more money to run the franchise than an individually owned company or companies.

A Detour for A WW II Military Vet

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Photo from Today.com

Here at Veterans Franchise, we love to see our military vets receive gratitude from their community members. This week in San Jose, California, Joe Bell, a World War II veteran, came outside of his home to cheer on runners for an annual 408K charity race. Bell was dressed in his military uniform clapping and waving as the runners passed by. The event benefited the Pat Tillman Foundation, which provides scholarships to military veterans and their spouses.

As runners passed by Bell and noticed him cheering them on, they began to head over to where he sat on his front lawn to shake his hand and thank him for his service. The military veteran, now 95 years old, smiled and shook each runner’s hand who left the street to come greet Bell on his front lawn.

What acts of gratitude and kindness have you seen in your own community for military veterans? Leave your comments below!

 

 

 

 

Maui Wowi Franchise Targets Texas for Expansion

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Maui Wowi is dedicated to providing business opportunities for our military veterans. The franchise continues to expand, and is taking on Texas this year.

Maui Wowi reported that they will target Texas as a market for big growth. This development announcement stems from the success of the franchisees currently operating in the Greater Houston area and throughout Texas.

To kick off the company’s expansion efforts, Maui Wowi will exhibit at Booth #230 at one of its most successful event venues, Reliant Park, for the International Franchise Association’s (IFA) Franchise Expo South in Houston, February 6–8. Houston franchisees and directors of regional support Rob and Jean McLean will spearhead franchise development expansion in the market. The company is currently seeking new franchise partners throughout the Houston area to add brick-and-mortar locations or mobile units.

“As newly minted members of the franchise support team in Houston, we’re looking forward to connecting with potential franchisees at the expo and introducing them to the ‘Aloha Spirit’ and flexible business models that Maui Wowi offers,” says Jean McLean. “Sharing our franchise insight and personal experiences with the company at the expo will be a catalyst for further development in Houston and on a larger scale throughout Texas.”

The McLeans bring with them experience from their record-setting sales using their mobile cart business at the Reliant Stadium. To date, the Houston Livestock Show and Rodeo in 2013 was the McLeans’ biggest event yet. Twenty-one days, 2.5 million people, eight Maui Wowi mobile carts, and thousands of smoothies sold, the McLeans says, “We did a good portion of our sales for the whole year in just those three weeks. It was wild.”

They plan to bring that same energy and appetite for success to the stadium yet again. Justin Livingston, Vice president of business development at Maui Wowi, and Adam Benshoof, development manager, will also join them at the expo to discuss the franchise opportunity with attendees.

“After successful events year after year at Reliant Park and throughout Texas, buzz is beginning to build about Maui Wowi in the market,” Livingston says. “There’s a huge demand for healthy beverage options in Houston, especially at heavily attended events, and we’re eager to partner with entrepreneurs involved in the community who want a fun, rewarding and flexible career.”

To augment the company’s growth, Maui Wowi is seeking passionate franchisees with the resources and capacity to create and manage a franchise investment opportunity in the fast-casual or event business. Maui Wowi offers four business models for prospective franchisees interested in a low-cost start up with scalability potential, including Ka’anapali mobile carts, catering units, kiosks, and brick-and-mortar stores. Depending on the format, start-up costs range between $75,000 and $300,000.

 

Information on this article was first listed on QSR, and can be found here.