Investing in a franchise is an exciting, often lucrative decision that attracts both established business owners and first-time entrepreneurs. Once you’ve decided which franchise is the right fit, the next step is figuring out what it will cost. Even franchise investors with strong disposable income appreciate a good discount, so here’s a look at some of the ways to save while owning a franchise.
Franchise Discounts for Veterans
Why Veterans Make Strong Franchise Owners
Some of the best franchise discounts available are for military veterans, and for good reason. Veterans often bring strong leadership qualities and the discipline to follow established systems effectively, both valuable traits for franchise ownership. Many top franchises across the country offer some form of veteran discount, whether that’s a percentage off the initial franchise fee, savings on total investment, or additional financing options.
911 Restoration’s Veteran Discount
911 Restoration offers a 15 percent discount off the initial franchise fee for military veterans. These kinds of discounts can add up to meaningful savings, especially when combined with an already low-cost franchise opportunity.
Low-Cost Franchise Opportunities
A Wide Range of Entry Points
Franchise investment costs vary widely depending on the industry, ranging from a few thousand dollars for some businesses to well over $100,000 for a popular restaurant franchise. The restoration industry includes a number of lower-cost entry points, including 911 Restoration, which has an initial investment as low as $4,000 for existing restoration businesses that already have the necessary equipment, vehicles, training, and certification in place.
A Path for Different Budgets
Whether you’re working with limited startup capital or have more to invest, there’s likely a franchise structure that fits your situation. Beyond the initial cost of entry, franchise owners also benefit from a range of tax breaks that can further reduce overall costs.
Franchise Tax Savings
Savings That Continue After Opening
Once you’ve signed the franchise paperwork, paid the initial fee, and opened for business, the savings don’t stop. Some of the most valuable financial benefits of franchise ownership come later, in the form of tax benefits available to business owners. Franchise owners can often expense equipment costs, write off business-related travel, deduct vehicle usage, and claim training and other business expenses.
Talk to Your Accountant
Because available deductions depend on how a business is structured and where it operates, new franchisees should talk to their accountant to make sure they’re taking full advantage of the tax breaks available to them.
Why These Savings Add Up
Between veteran discounts, low-cost entry points, and ongoing tax benefits, franchise ownership offers more ways to save than many people expect:
– A meaningful discount on the franchise fee for qualifying veterans
– Entry points accessible to a range of budgets, especially for those converting an existing business
– Ongoing tax benefits that reduce the ongoing cost of ownership
Take Advantage of Our Franchise Discount for Veterans
If you’re a military veteran interested in owning a restoration franchise, 911 Restoration thanks you for your service and welcomes the opportunity to talk with you. Both our CEO and many of our franchise owners across the country are veterans themselves, so you’d fit right in with our Fresh Start family. Ready to take advantage of our 15 percent franchise fee discount for veterans? Download our free starter kit to get started today.