Turn Your Passion Into a Business | VetFran
There is life and a career after the military. But what does it look like?
That is the question many military veterans find themselves stumped on when transitioning from a military career to a civilian one. Our team at VetFran wants you to consider the possibilities of turning your passion into your next career move. Here’s why.
Becoming Your Own Boss
During your military career, you acquired a number of skills, including:
- Adaptability
- Communication
- Conflict resolution
- Dependability
- Flexibility
- Leadership
- Problem-solving
- Teamwork
These skills not only helped you to build a strong military career; they can also help to put you in the driver’s seat of your own franchise!
So, now that you have the skills to succeed in a franchise, you simply have to pick your passion.
To start, make a list of things that interest you. Do not even think about how much knowledge or experience you have on the subject at this point. This list is simply a starting point to see what direction you need to look toward in terms of franchising.
Next, prioritize the list of areas that interest you. Once you have a priority list, do some in-depth research into the top three, asking these questions:
- What does the business model look like for that particular industry?
- What are the main skillsets needed?
- What are the biggest challenges?
- What’s the average sales revenue for the brand’s franchises?
- How much money is required for an initial investment?
It might be beneficial at this point to interview some franchisees to hear their point of view on franchising. This can help you get a closer, insider look into franchising for that brand.
Finally, you want to make sure the company you choose is one that aligns with your fundamental beliefs. You do not want to run a franchise when you are not fully on board with the mission. It should align perfectly with your own goals.
Are you ready to start building a successful franchise? Our team at VetFran is here to help. Contact us today!