A veteran’s guide to beginning a business

A veteran’s guide to beginning a business

The Census Bureau estimates 6.1% of all of the organizations within the U.S. are veteran-owned. Here is ways to join their ranks

Summary

Along with their well-honed ability sets, tireless work ethic and commitment towards the betterment of y our nation, veterans are uniquely poised for entrepreneurial success – but it’s maybe not an simple journey. This guide will be here to simply help if you’re a veteran seeking to begin a company.

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In line with the many Census that is recent Bureau released in May 2020, an estimated 6.1% of most companies in the U.S. are veteran-owned, with 351,000 of these veteran-owned organizations using US employees.

Veterans will also be far more likely than nonveterans to be self-employed. Relating to brand new data from the Bureau of Labor Statistics (BLS), as an example, veterans constitute a lot more than twice the amount of single proprietors (self-employed people who never have formally integrated their companies) than nonveterans.

Due to their well-honed ability sets, tireless work ethic and commitment towards the betterment of our nation, veterans are uniquely poised for entrepreneurial success – but that doesn’t suggest it’s an easy journey. (more…)

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