How do veterans help our country?

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My answer to How do veterans help our country?

Answer by Ken Larson:

Image: Nerdwallet .com

“MILITARY TIMES”

“How Veteran-Owned Small Businesses Keep America Strong”
 
 “Veterans are 45 percent more likely than non-veterans to start a small business.
 Today, veterans own 2.52 million small businesses — nearly 1 in every 10 — while employing 6 million Americans and generating $1.14 trillion in receipts.

Veteran-owned small businesses have always been a pillar of America’s economy, but they are in a generational decline.
 
More than 1.1 million veteran business owners are over the age of 65, and in 2014, only 4.5 percent of Post-9/11 veterans started a business, according to the Bureau of Labor Statistics. When considering that nearly half of World War II veterans and 40 percent of Korean War veterans started businesses, the differences are stark.
 
As an estimated 200,000 service members transition from the military every year, the Small Business Administration knows how imperative it is to connect service members, veterans and military spouses with the tools and resources they need to become business owners — and what the nation risks losing if they don’t.

How Veteran-Owned Small Businesses Keep America Strong

How do veterans help our country?

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About rosecoveredglasses

2 Tours in US Army Vietnam. Retired from 36 Years in the Defense Industrial Complex after working on 25 major weapons systems, many of which are in use today in the Middle East. Volunteer MicroMentor. I specialize in Small, Veteran-owned, Minority-Owned and Woman-Owned Businesses beginning work for the Federal Government. MicroMentor is a non-profit organization offering free assistance to small business in business planning, operations, marketing and other aspects of starting and successfully operating a small enterprise. You can set up a case with me at MicroMentor by going to: http://www.micromentor.org/ key words: "Federal Government Contracting"

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