LAS VEGAS, Feb. 22, 2012 // PRNewswire // -- Based on the success of its pilot Free Franchise for the Forces campaign last year, ActionCOACH the world's leading business coaching company decided to launch it again in 2012. Starting March 1, 2012, this franchise giveaway campaign, which was first launched in May of 2011, is offering $3.8 million in free franchises to 50 qualified veterans from the U.S. Armed forces.
"Last year, we offered the largest franchise scholarship in the history of America in select markets only. As a result of a huge demand for this giveaway, we decided to extend it in 2012 –this time on a national basis." ActionCOACH CEO for U.S.A. & Canada, Jodie Shaw said.
Through this Franchise Veteran Giveaway program for Veterans, the organization will completely waive off the franchise, training and tech fee, a total value of $76,250 for 50 qualified veterans who have been honorably discharged from the U.S. Armed Force, beginning March 1, 2012 and ending October 31, 2012.
Interested Veterans can click here to complete an online form and find out if they qualify for the company's franchise giveaway.
Andrew Van Horn, who was awarded a free franchise last year through the campaign, believes this is the best opportunity around for Veterans.
"While many companies offer freebies or discounts for veterans, this is the only one that actually teaches us 'how to fish'. It goes far beyond acts like the GI Bill do; it allows you to make more money and grow personally and professionally," he said. "By joining ActionCOACH, I am able to make a bigger impact on my community."
ActionCOACH's Free Franchise for the Forces program comes at a good time for Veterans.
"Veterans have helped their country offshore; now they have the opportunity to help it on their own soil," Shaw said. "Veterans who were awarded an ActionCOACH Franchise last year, believe they are in a unique position to help America's small business sector, which will undoubtedly fuel its economic growth."
A recent independent study found businesses working with an ActionCOACH Business Coach saw an increase in profits of 61 percent. The same study also revealed the return on investment for businesses that work with an ActionCOACH Business Coach was $10.80 in net profit for every dollar invested.
And, according to a recent ICF study, there are about 50,000 professional coaches around the world and business coaching generated almost $1.9 billion in revenue over the last year. The average annual revenue for coaches in North America according to the study is $50,400, while the average ActionCOACH earnings were $245,000 in the company's last earnings report.
"It is clear that while the industry is growing, membership in coaching organizations isn't the key to increased revenue. Instead, synergy achieved through a single brand, like ActionCOACH, is the key to a more successful coaching career," Shaw said.
ActionCOACH, was founded by Brad Sugars in 1993 and over the past two decades, has become the world's number one business coaching and executive coaching firm, with more than 1,000 offices in 39 countries. To learn more, go to actioncoachfranchise.com.