Happy & Healthy Products, Inc. Actively Supports And Participates In The Veterans Franchise Program To Promote Small-business Ownership

Tuesday, October 01, 2002

Happy & Healthy Products, Inc. is a member of the growing list of participants in the Veterans Transition Franchise Initiative (VetFran), a program designed to aid veterans in becoming small-business owners and ease their entry into the rapidly-growing sector.

Happy & Healthy Products, Inc. is a member of the growing list of participants in the Veterans Transition Franchise Initiative (VetFran), a program designed to aid veterans in becoming small-business owners and ease their entry into the rapidly-growing sector.

Happy & Healthy Products, Inc. has best captured the fun and flexible aspects of running a home-based business with their franchise opportunity. A Happy & Healthy franchise is a fun, wholesale distribution business that can be run full or part time right from your own home. Currently, franchisees in over 39 states and Puerto Rico are proud to distribute H&H's 100% natural and delicious products to their customers – products such as the 21 different varieties of Fruitfull® frozen fruit bars, the highly acclaimed Happy Indulgence® Decadent Dips & dessert bars, the nutritious Fruitfull® frozen Smoothies and exotic varieties of Be Happy & Healthy® Snacks and delicious Breads. The International Franchise Association (IFA), the trade group that represents the franchise community, has enlisted more than 60 franchise companies that have agreed to lower their franchise fees. Happy & Healthy is proud to be one of these franchise companies that actively supports the IFA in their efforts to aid veterans in becoming a small-business owners. For example, a veteran acquiring a Happy & Healthy franchise with a total initial investment of $40,586 might obtain an SBA loan for up to 85 percent or $$34,498.10. The franchisor would contribute a portion of the franchise fee (in this case $2,029.30 –9.6% of $21,000) as equity so the veteran could acquire the franchise with a down payment of $4,058.60 or 10 percent. IFA has gained the support of the U.S. Department of Veterans Affairs, the U.S. Small Business Administration and several veterans' organizations for VetFran. Earlier this year, Veterans Affairs Deputy Secretary Leo S. Mackay signed a Memorandum of Understanding with the association to promote franchise ownership among former military personnel.

For more details on the VetFran program, visit the IFA Web site, www.franchise.org.

For additional information on a Happy & Healthy Franchise, go to www.fruitfull.com

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Happy & Healthy Products Inc.
1600 S. Dixie Hwy., #200
Boca Raton, FL

Phone: (561)367-0739
Toll Free: (800)764-6114
Fax: (561)368-5267

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