Franchise Industry Witnessing Growing Trend of Veteran Ownership and Hiring

OMAHA, Neb., Nov. 9, 2020 /PRNewswire-PRWeb/ -- As Home Instead Senior Care® joins the rest of the nation in honoring our brave men and women in America's military this Veterans Day, it's interesting to note the growing trend of veterans ? roughly one in four, according to the Small Business Administration ? who dream of starting their own business. Many veterans follow that dream by opening a franchise.

According to the latest figures from the International Franchise Association (IFA®), one out of every seven franchises in the United States is owned by a veteran.

It's also important to note that veteran franchisees are more likely to hire veterans as employees, according to VetFran®, which offers financial incentives to encourage veterans to pursue careers in franchise ownership. In fact, VetFran estimates that 65% of franchisors have indicated that their rate of hiring veterans has increased in recent years. Franchise owners look for the values of reliability, team spirit and precision that veterans bring to civilian life from their military experience.

"Military service gave me a strong sense of responsibility to serve and protect others, and my career as a Home Instead CAREGiver has allowed me to forward that commitment to civilian life by caring for seniors in my community, right in their own homes," said James Perez, a Vietnam War veteran who works for a Home Instead franchise in Mission Viejo, California. James was also honored by Home Instead as 2018 North American CAREGiver? of the Year for his lifelong dedication to serving others.

There are several reasons why veterans are a good fit for a franchise career, whether it be as an owner or a franchise employee:

• Franchisors operate with well-defined responsibilities, assignments and duties like those followed by a military unit.
• Following well-established processes helps ensure widespread success for all franchisees, much like following commands for a successful mission.
• Accomplishing short- and long-term goals to achieve mission success helps lead to franchise growth.
• Veterans have a talent for quick thinking and can react calmly and professionally to unforeseen circumstances to solve problems.
• A franchise, like a military unit, operates like family, sharing advice, support and guidance.

"We are incredibly proud of our veterans who have joined Home Instead as owners and CAREGivers, and salute them this Veterans Day for their military service as well as their dedication and compassion to serving those under our care," said Jeff Huber, CEO, Home Instead, Inc. "Our customers, many of whom are veterans themselves, deserve the quality care and comfort our owners and CAREGivers bring to their homes and lives every day."

In partnership with VetFran, Home Instead offers qualified U.S. military veterans a 10% discount on its franchise fee to encourage veterans to pursue a franchising career. For more information, please visit our Veterans Opportunities page at http://www.homeinstead.com.

ABOUT HOME INSTEAD SENIOR CARE

Founded in 1994 in Omaha, Nebraska, the Home Instead Senior Care® franchise network provides personalized care, support and education to enhance the lives of aging adults and their families. Today, the network is the world's leading provider of in-home care services for seniors, with more than 1,200 independently owned and operated franchises that provide more than 80 million hours of care annually throughout the United States and 13 other countries. Local Home Instead Senior Care offices employ approximately 90,000 CAREGiversSM worldwide who provide basic support services that enable seniors to live safely and comfortably in their own homes for as long as possible. Home Instead Senior Care franchise owners partner with clients and their family members to help meet varied individual needs. Services span the care continuum ? from providing personal care to specialized Alzheimer's care and hospice support. Also available are family caregiver education and support resources.

Visit HomeInstead.com. Connect with us on Facebook and Twitter.

SOURCE Home Instead Senior Care