Veterans Show Strong Propensity for Small Business Ownership as a Second Career

63 Percent of Service Members Looking to Start a Small Business Consider Franchising

November 05, 2015 // Franchising.com // SAN DIEGO, Calif. – Nearly nine in 10 veterans and active duty service members expect to have a second career after they separate from the military, according to a recent survey* conducted by The UPS Store®. With a strong desire to be their own boss, service members are interested in applying the skills they learned in the military toward owning a business. In fact, of those surveyed, 63 percent who envisioned a second career as a small business owner considered owning a franchise. Some other notable survey results:

“The skills veterans develop through their military experience, such as leadership, work ethic and discipline, are integral to pursuing a second career,” said Tim Davis, president of The UPS Store, Inc. and former U.S. Marine Corps captain and Gulf War Veteran. “The UPS Store franchise allows veterans to apply these skills to manage and run their own business. We are proud to support veterans and help fulfill their aspirations to be successful business owners.”

More than 200 veterans have already chosen to become their own boss with The UPS Store, applying the leadership and teamwork skills they learned in the military to open and run their own UPS Store franchise.

As participants in the Veterans Transition Franchise Initiative (VetFran), a cooperation of the U.S. Department of Veterans Affairs, the Veterans Corporation and the U.S. Small Business Administration, The UPS Store’s franchising opportunities allow veterans the opportunity to fulfil their desire for a second career. Qualifying veterans receive $10,000 off the franchise fee for opening a new The UPS Store location and 50 percent off the initial application fee.

*The results of the survey are based on an online survey conducted October 6-9, 2015 by The UPS Store, Inc., franchisor of The UPS Store network, with members of the military. The online survey was conducted with 500 members of the military, including 250 active duty service men and women, and 250 veterans. The UPS Store, Inc. strives to include accurate and up-to-date Information but makes no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information or survey results provided herein; the information is provided on an “as is” basis.

About The UPS Store

With more than 4,500 locations, The UPS Store network comprises the nation’s largest franchise system of retail shipping, postal, print and business service centers. The UPS Store locations in the U.S. are independently owned and operated by licensed franchisees of The UPS Store, Inc., a subsidiary of UPS (NYSE: UPS). Services, products, pricing and hours of operation may vary by location. For additional information on The UPS Store, visit theupsstore.com. For information on franchise opportunities for opening a The UPS Store location, visit theupsstorefranchise.com. Follow The UPS Store on Twitter at @TheUPSStore and like The UPS Store on Facebook at facebook.com/theupsstore.

SOURCE The UPS Store

Contact:

Nicole Cox
(858) 455-8846
ncox@upsstore.com

About The UPS Store

The UPS Store® network comprised of retail shipping, postal, print and business service centers.

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