IFA President & CEO Steve Caldeira appeared on this week’s MSNBC “Your Business” program to talk about IFA’s VetFran program and discuss why veterans make such great franchise owners. “More than 2,000 veterans have become small-business franchisees since 2002 by taking advantage of financial incentives through VetFran,” said Caldeira.
“Veterans often have great leadership skills and thrive with the structure and processes provided by franchisors, making them ideal franchisees,” says PostNet’s Steve Greenbaum, who also touted their ability to work well in teams and their results-oriented nature in the program, which features two PostNet veteran franchisees.
As we approach the Memorial Day holiday weekend, several other news outlets have been reporting on the benefits owning a franchise business may afford to veterans, including The Wall Street Journal, which reported veterans owned 9% of all U.S. businesses in 2007, and those firms averaged $2.3 million in annual sales, according to U.S. Census Bureau data that represent the agency’s most comprehensive research on veteran-owned companies.
Posted by Matt Haller, IFA Director of Communications