Posted by Mark J. Miller on November 24, 2011 09:00 AM
As UPS prepares to deliver a whopping 300 packages per second on its busiest holiday day (Dec. 22nd), the transportation giant is closed in the U.S. on Nov. 24/25th. Still, Thanksgiving makes us think of an earlier holiday this month, Veterans Day, and a UPS special delivery that struck us as an admirable way of giving back to those who serve.
That's when UPS announced that “it will award 10 franchises next year to qualified veterans and waive the franchise fee of nearly $30,000.” The UPS Store commitment is part of Operation Enduring Opportunity, a federal effort announced by First Lady Michelle Obama that has commitments from various companies to hire 100,000 vets or their spouses by 2014.
“That’s 100,000 veterans and spouses who will have the security of a paycheck and good career,” Mrs. Obama stated, according to the Associated Press. “That’s thousands of families that can rest just a little bit easier every night.”
The sign-up period for a UPS franchise will start Jan. 1 and last six months. The company has already given $700,000 worth of discounts to veterans on the franchise fee.
These efforts by the White House are also being done in partnership with the International Franchising Association, which reports that the unemployment rate of veterans is 11.7 percent. For those under 25 years old, that number rises to a whopping 22 percent. Since this is a consistent trend, the IFA created a program to help veterans obtain franchises way back in 1991. Since then, more than 2,100 vets have done so through VetFran.