Page 20 - Entrepreneur-November 2018
P. 20

Travel Industry



       examples of veterans being
       leading employees and fran-            WE HAD ALL THESE EXAMPLES OF VETERANS BEING
       chisees,” says Jeff Bevis, chair       LEADING EMPLOYEES AND FRANCHISEES,” SAYS
       of the Educational Foundation
       committee at VetFran. “They’re         VETFRAN’S JEFF BEVIS. “THEY’RE SYSTEMATIC,
       systematic, process-oriented,          PROCESS- ORIENTED, AND DISCIPLINED.”
       and disciplined.” They’re also
       considered excellent at working
       within systems and staying   contest was Dream Vacations’   ments if the overall effect brings   pool from five to seven free
       focused on execution, and they   way of capturing the best of   more powerhouse agents to the   franchise agreements, and
       appreciate the value of ongoing   these potential veteran fran-  company.       while Dream Vacations offers
       training. For all these reasons,   chisees. In franchise terms,   Since its launch in 2012,   a year-round 20 percent fran-
       franchises had sought out vets.   its units are already pretty   Operation Vetrepreneur has   chise discount for veterans, it
       VetFran finally made it easier   affordable: Startup fees for   greatly increased the presence   bumps up that savings to
       for vets to find franchises.  Dream Vacations run a mere   of veterans inside Dream    40 percent for those who enter
         Today, VetFran has more   $12,700. But the opportunity   Vacations. (It now counts    the contest but don’t win.
       than 600 franchise members.   to launch a business with zero   400 franchise-owning veterans   Dream Vacations is not
       A three-year hiring initiative   debt is a huge boon for military   among its ranks.) “We’ve seen   alone—several other major
       that launched in 2011 resulted   families looking to launch a   ridiculous growth from our   franchise travel agencies are
       in more than 200,000 new   self-sustaining encore career   veterans,” says Dustin Jones,   trying to bring ex-military
       jobs for veterans and veteran   without startup-level risk.   Dream Vacations’ vice presi-  members into their ranks.
       spouses, with 5,608 of those   And because its profit model is   dent of engagement. “There just   Expedia CruiseShipCenters
       being franchise- ownership   built on commissions, Dream   seems to be an extra passion in   offers veterans a 15 percent
       positions.                 Vacations is happy to eat the   them.” This year, the company   discount. Travel Leaders Group
         The Operation Vetrepreneur   cost of a few franchise agree-  increased the size of its prize   offers free training for veterans







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