$7.6 Million Giveaway for Veterans
Going on the theory that veterans who have led and inspired troops on foreign soil will be naturals at leading people back home, ActionCOACH, a business and executive coaching company, is launching Free Franchise for the Forces, a program that will award $7.6 million in franchises to 100 eligible Veterans from the U.S. armed forces.
"The U.S. military is a great training institution for success in the business world and its 'alumni' make very attractive franchisees for us," said ActionCOACH CEO for U.S.A. & Canada, Jodie Shaw. "The majority of those who serve in the military return home with skills in leadership, teamwork and integrity, and the fact that we follow a proven path to success with a disciplined approach makes our franchise especially attractive to veterans."
To be considered, you must have been honorably discharged from the U.S. armed forces and apply within the next six months, starting May 1, 2011. The selected candidates will join the ranks of over 1,000 business coaches in 34 countries and become part of an award-winning, global business-coaching company.
As part of the giveaway, ActionCOACH will waive its $50,000 franchise fee as well as the training and tech fee of $26,250 for as many as 100 qualified veteran applicants. Candidates will be liable for ongoing royalties and marketing fees as well as their travel arrangements to and from Las Vegas, Nev., where training will take place in the months of September and October.
According to Shaw, business coaching is in high demand. "Despite an extremely frail economy, our franchisees have enjoyed a 20 percent increase in average quarter-over-quarter revenue in 2010," she said.
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