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ARTICLE | February 3, 2012

Featured Franchisee: Steve Boos, Home Instead

Home Instead Senior Care franchisee Steve Boos has always followed his heart in business, starting when he worked in the paper industry for a company that was focused on reducing waste in paper manufacturing. So it’s not surprising that a stint in the Army Reserves and a year in Iraq drastically changed his career path.
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NEWS | January 11, 2012

Padgett Business Services Joins Frantopia as Business Partner

Franchise Business Review announced today that Padgett Business Services, which offers financial services to small businesses, has become a business partner and content expert for Frantopia, FBR’s social networking and business resources site.
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SECTOR REPORT | November 1, 2011

Veterans Report 2011

Veterans and Franchise Report 2011Although many organizations have set out to look at the “best” franchise opportunities for veterans, until now, none of these listings included data on actual veteran franchisee satisfaction and performance—perhaps the most telling data of all. Franchise Business Review’s Veterans and Franchising 2011 is the first report to look at which franchise opportunities are most veteran-friendly based on franchisee satisfaction.
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ASK FBR | June 15, 2010

What are some of the best cleaning franchises?

There are plenty of franchise opportunities in the cleaning services and maintenance sector. They vary by many aspects including investment level, commercial vs. residential services, the amount of support the franchisor supplies and several other factors...
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Home > Blogs

IFA's VetFran Program

by Five Star Painting

Franchising World March 2010

As the International Franchise Association celebrates its 50th birthday this year, it has, among others, a rewarding achievement: enabling military veterans to attain their goal of small-business ownership. IFA’s Veterans Transition Franchise Initiative has helped more than 1,500 veterans acquire small-business franchise establishments through discounts and other financial incentives.

The program, known as VetFran, which is designed to lower the up-front costs of buying a franchise, has increased its popularity as nearly 400 IFA-member companies have signed on to participate. The franchises determine the financial incentives that fit their system and voluntarily agree to offer honorably-discharged veterans a better deal than is offered to otherwise qualified investors. A discount of the initial fee is typical, but each company is free to design the financial incentive that it feels will best serve veterans’ needs. VetFran is completely voluntary and receives no government funding.

VetFran has been recognized by the American Society of Association Executives with its Award of Excellence and the Department of Veterans Affairs’ Center for Veterans Enterprise naming it a “Champion of Veterans Enterprise.”

Company profiles, as well as the financial incentives they offer to veterans, can be viewed at veteranfranchisebusiness.com. Find Five Star Painting’s membership, as well as other Franchise Business Review franchises, here.

-Five Star Painting

Learn more about 5-Star Painting at topfranchises.franchisebusinessreview.com.

 

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Comment:
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Posted by Todd Peterson on 04:41:06 AM on January 3, 2012

I am a previous veteran from the US Army and I assure you this is not a business opportunity for a Veteran. This company is in business for one reason and that is not to help hardworking individuals like Veterans become successful with their own franchise. I experienced FRAUD, LIES, FALSE DOCUMENTATION while being a Matco Distributor for 6 1/2 years.

Posted by Debbie Solko on 08:35:28 PM on November 29, 2011

Vets thinking Matco Tools would be a good opportunity - REALLY need to Check out: MATCO TOOLS Franchise Report Alleges Distributor Churning This Marks & Klein report alleges significant franchisee churning, up to 49%. Everyone involved with the Matco Tools brand should be paying very close attention to this discussion and read this report, because things are getting real serious, real fast. http://www.unhappyfranchisee.com/matco-tools-franchise-complaints/comment-page-7/#comment-79456 AS well as the SBA Loan Fraud suit currently in Federal court www.nypost.com/.../news/.../td_bank_tool_case_ ... Nov 15, 2011 – Small business loans may be Wall Street's new cesspool. ... distributorMatco Tools were complicit in underwriting hundreds of fraudulent ... to secretly make income projections to TD and other SBA lenders that would only be ...