We’ve always considered military veterans and franchises to be a perfect match. Veterans bring the discipline and know-how to get a small-business off the ground, while franchising offers a veteran returning to civilian life a simple start into a working business.
It turns out there’s a few people up on Capital Hill who agree with us. People like Rep. Aaron Schock, R-Ill., and Rep. Leonard Boswell, D-Iowa, who are have introduced the clearly-titled Help Veterans Own Franchises Act.
Congressman Boswell, a 20 year veteran of the US Army, explained why he co-introduced the bi-partisan bill.
“I am proud to introduce this bipartisan legislation to spur economic growth, create jobs and give life to the entrepreneurial spirit. This thoughtful legislation will help veterans in Iowa and across the nation become business owners. As a new generation of veterans returns home from Iraq and Afghanistan, I hope others in Congress will join me and my Republican colleague from Illinois in supporting this legislation putting Americans to work and making the dream of owning a business a reality for these brave young Americans.”
Dina Dwyer-Evans, whose father helped launch VetFran, supports the measure and calls for its introduction into law.
“Over 900,000 franchise businesses in the U.S. are responsible for 21 million jobs and generating $2.3 trillion in economic output. By helping veterans purchase franchise small businesses, this bill will help stimulate the economy and put the country on the road to economic recovery. We thank Congressmen Schock and Boswell for leading this important effort.”
This is a very important piece of legislation. If passed, it will provide military veterans with tax incentives for starting franchises. It’s also nice to see bloggers like the Peoria Pundit in support of it as well.
Write your congressman or congresswoman today to assure this bill becomes law.