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Best for Vets: Franchises 2013 methodology

May. 9, 2013 - 06:00AM   |  
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Best for Vets: Franchises 2013

The chart
The story

We invited franchise brands across the country to complete a rigorous survey telling us about their companies as well as their accommodations for service members and veterans. The rankings were created based on the answers provided to questions about the company’s culture, the performance of franchise units, the costs associated with franchising, and the financial and other support offered to current and former service members and their families. Information in the chart on continuity, growth, initial investment and royalties comes from franchise disclosure documents provided by the companies. Not everything listed in the chart was considered in developing the rankings, and many items not listed were considered.

Industry categories are courtesy of CareerBuilder.com.

Continuity shows the franchise units open at the end of the year as a percentage of the units open at the start of the year plus the units that began operating that year. The percentage shown is an average of the calculation over the three most recent years available. While franchises can cease operations for reasons other than business failure, lower percentages may be a cause for concern.

Growth shows the percentage increase or decrease annually in the number of franchises averaged over the three most recent years for which data is available.

Initial investment shows the range of the total investment, including initial franchise fees and other startup costs, that franchisees must typically pay. This amount can vary depending on type and number of franchises.

Franchise fee discount shows the dollar amount or percentage that the initial franchise fee is discounted for veterans. Dashes indicate that companies told us they charge the fee but there is no veteran discount, and “no fee” means no franchisees have to pay this type of cost, regardless of veteran status.

Startup cost discount shows the dollar amount or percentage that other startup costs are discounted for veterans. Dashes indicate that companies told us they have these costs but there is no veteran discount; “no fee” means no franchisees have to pay this type of cost, regardless of veteran status.

Royalty discount shows the dollar amount or percentage that royalties, or similar ongoing fees paid to franchise brands, are discounted for veterans. Dashes indicate that companies told us they have these costs but there is no veteran discount; “no fee” means no franchisees have to pay this type of cost, regardless of veteran status.

Reservist help shows the assistance that franchise brands provide to members of the National Guard or reserves who are called to active duty.

If you know of a company that might like to participate in this survey, we’d be happy to consider them. Just email bestforvets@militarytimes.com.

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