Entrepreneur magazine lists SpeeDee as one of the best franchises for Veterans in 2023, thanks to its incentives and support
SpeeDee Oil Change & Automotive Service® and Grease Monkey® landed at the No. 12 and No. 3 spots, respectively, on Entrepreneur’s 2023 Top Franchises for Veterans List.
The rankings by Entrepreneur are based on comprehensive surveys that evaluate factors such as the incentives provided to Veterans, the support extended to Veteran franchisees, and the company’s overall performance on the 2023 Franchise 500 list.
Ron Stilwell, President at FullSpeed Automotive®, emphasizes that the qualities Veterans bring — leadership, teamwork, and commitment — are invaluable in the franchise world. “It’s a privilege to have many Veterans choose to be a part of our network,” he adds.
SpeeDee’s offers benefits such as a $10,000 discount on franchise fees and reduced royalty fees for the first two years to Veterans and First Responders. But these advantages aren’t the only reasons that our business is one of the best franchises for Veterans.
Support and training
SpeeDee has a structured approach, with proven business systems and processes. This can be especially appealing to Veterans who are used to the structured environment of the military.
We’re known for our comprehensive training and support, which covers all aspects of running the franchise, from technical know-how to business management. You’ll continue to receive support from the Home Office after your Grand Opening as you learn to run your business.
Leadership and teamwork
Veterans are often natural leaders, having developed strong leadership and teamwork skills during their service. These are the same skills needed to manage a team, provide excellent customer service, and hire employees. The ability to motivate and guide a team is a critical aspect of running a business.
Brand recognition
As a SpeeDee owner, you’ll work within an established system, which will be familiar to Veterans. SpeeDee has been a trusted name in the automotive industry for 45 years. With a proven business model and a track record of success, our owners benefit from our strong and recognized brand name, giving you a competitive edge in the market.
Sense of community
Some Veterans talk about missing the sense of camaraderie they had while in the military. SpeeDee can offer a similar sense of community. Our owners often form supportive networks, based on location or business size, to share advice and experiences.
As a SpeeDee owner, you have the opportunity to engage with and support the local community, whether through excellent customer service or participating community initiatives.
Best franchise for Veterans
For Veterans ready to start their own business, we offer a blend of structure, support, and community that aligns well with the skills and values honed in the military. With our veteran-friendly approach, SpeeDee stands out as an ideal opportunity for those who have served. Learn more with our free ebook.