Georgia veterans getting 5,000 jobs over the next 3 years

8:56 PM, Nov 10, 2011   |    comments
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(AP)

ATLANTA -- With unemployment among veterans at 8 percent, the franchise industry is launching an effort to add 75,000 veterans to the nation's payrolls. Some 5,000 of those jobs are being created in Georgia.

Atlanta-based Aaron's will hire most of those veterans.

"I do think it's long overdue," said retired Army Lt. Col. Oz Hill. "It's a start. We have a terrible debt to pay these men and women for the sacrifices they have made. We are at a starting po9int right now. Hopefully this effort will have a cascading effect."

For many veterans, getting a job is great, but what they really want to do is to open a franchise. Aaron's franchise head Greg Tanner says the vets will get a real break to get them off the ground.

"Let's say the franchise fee is $25,000," Tanner said. "They would get 50% off of that number in many cases. A lot of franchisors are jut eliminating the initial fee to get into a franchise period."

They also qualify for low-cost financing through the Small Business Association.

"We have more than 125 financial institutions that partner with the SBA to insure there are opportunities for people who want to start their own business," said SBA regional adminstrator Cassius Butts.

For more information on the opportunities available, visit http://www.vetfran.com/.

 

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