Many people who live with disabilities consider taking the plunge into business ownership, and this desire is especially common among veterans. Whether there are physical limitations, mental health issues, or challenges with a veteran’s health, owning a business can be a great way to bring in some income while maintaining flexibility and control of one’s daily routines. There are plenty of different businesses that those with disabilities can own, but some options work especially well by being both fairly lucrative and low-pressure.
Veterans bring a great skill set to business ownership
As Profitable Venture notes, many veterans will start businesses that tie-in to military-related fields. Owning a business as a veteran can be an enticing opportunity, and many people with a military background can be quite successful because they are already accustomed to working hard and maintaining structure and discipline. Even if there are health challenges or disabilities in the mix of things, it is possible to build a very successful venture.
Many people living with disabilities or veterans who are looking at business ownership will pursue retail or franchise opportunities. Entrepreneur shares that franchises can be a great fit for many veterans because of the leadership skills they possess and the determination and structure they bring to the table. Some franchises like Pillar to Post Inspection Services, Jan-Pro Franchising, Aire Serv, and Mr. Appliance Corporation have shown a solid track record of having veteran-owned franchises.
Some franchises offer discounts to veterans, and some offer more potential than others
Services such as home inspections, auto glass repair, signs, and heating and air-conditioning services draw in many veterans looking to start their own businesses, and these types of franchises often mesh well with one’s past military experiences. Some popular franchising opportunities even offer discounts off of the franchise fees, a very attractive option for veterans looking to transition into a new career.
Other home business ideas that can work well for veterans or those with disabilities include owning an ATM business or providing consulting services. Restaurant or retail franchises can be attractive options, but Military.com cautions veterans that retail stores, restaurants, travel and tour businesses, and transportation services can be challenging businesses to run. On the other hand, home health care services, computer or Internet-related businesses, and child care services are possibilities with a great deal of potential.
Veterans should utilize available resources that make the startup process easier
Many of these types of businesses also allow veterans to ease back into civilian life by maintaining a need for structure and discipline while also offering up flexibility. For those veterans anxious to own their own business, some support and resources can help pave the way and pin down the best fit. For example, Startup Veterans is one option that veterans can use to get a handle on various business possibilities and they offer a solid support system to help make things happen.
The Small Business Administration recommends utilizing the Boots to Business program, a training and education program that guides veterans through the process of starting up their own business. It is imperative that those with veteran’s health challenges or people with disabilities move forward on business ownership methodically and carefully, and these resources can have a big impact on that front.
When one’s military service days are over, it can be difficult to adjust to civilian life. For many veterans, especially those who come home with disabilities or mental health challenges, owning a business can be a desirable next step. There there are numerous types of self-owned businesses that can become successful, but some are a better fit and more lucrative than others. Finding an opportunity that is a great fit can be a challenging venture, but one that is packed with potential rewards as well.