Veteran Owned Business Project: Small Businesses owned by U.S. Military Veterans, Active Duty Military, Reservists, Service Disabled Veterans (SDVOSB)
More than seventy percent (71%) of veteran-owned and -led businesses list economic conditions, like inflation and high interest rates, as their primary concern related to their business growth. Additional concerns include attracting customers (48%) and competition from other businesses (41%). T...
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About 78 percent of veteran-owned businesses register sales of $100,000 or more, while more than 38 percent have sales of half a million or more. Also interesting is the average age of veterans who run businesses. Whereas less than 37 percent of all business owners across the U.S. are ...
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The Survey of Business Owners (SBO): Veteran-Owned Business: 2007 refer to California, Texas and Florida as the states with the largest number of veteran-owned businesses. The International Franchise Association (IFA), meanwhile, offers its Veterans Transition Franchise Initiative (VetFran). A ...
The Department of Veterans Affairs (VA) is where you might expect to find government funding for veteran-owned businesses. But actually, the VA doesn’t offer business loans; instead, the Small Business Administration (SBA) has loans earmarked for veterans. These types of loans requirespecific fo...
In the 8/4/2022 Webinar, Jon Binzer states that he opened his business during COVID and, from the first day it was like being “shot out of a rocket: ”First month, we did OK. 2nd month, did OK, again Then that month that we went full time we doubled our revenue. The following...