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Small Business Boomers

Older veterans starting businesses - Get help here

by Jean on January 31st, 2008

Which of the following is true? Veterans are:

  • More likely than others to start businesses
  • More successful in their businesses than others
  • Working in home-based businesses.

The answer, of course, is “All of the Above.” If you’re a baby boomer veteran considering starting a small business, there are many resources to help you. The Veterans Entrepreneurship and Small Business Development Act of 1999 was enacted to help veterans start and succeed in businesses. This legislation established an office of Veterans Business Development within the SBA. The mission of this office is to:

“maximize the availability, applicability and usability of all administration small business programs for Veterans, Service-Disabled Veterans, Reserve Component Members, and their Dependents or Survivors.”

Through this office you can get a Patriot Express Pilot Loan or receive help from one of the Veterans Business Outreach Centers.

You have the experience and the education and the will to succeed. Life is short. What are you waiting for?

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POSTED IN: Businesses for Boomers, Small Business finance and taxes, Starting Up

2 opinions for Older veterans starting businesses - Get help here

  • Joe Grossi
    Feb 1, 2008 at 8:52 am

    Jean,

    You’re absolutely correct . . . Veterans are almost TWICE as likely to own their own business than a non-veteran. You might be amazed to know that there are over 3 million Veteran-OWned Businesses in the United States. That’s right . . . over 1 out of 7 small businesses are owned by a Veteran!!!

    Why is that? How can that be?

    Simple.

    The military teaches leadership, teamwork, integrity, resolve and ingenuity. These also happen to be the most important ingredients for success in running a business.

    These intangibles constitute what makes corporate America want to hire veterans as emplyees; and the same essence of what makes corporate America want veterans as suppliers.

    We’re NaVOBA; the National Veteran-Owned Business Association and we represent the Veteran-Owned Businesses by Promoting the “BUY VETERAN” Advantage to corporate America.

    Hooaah!!!

  • Jean
    Feb 3, 2008 at 12:59 pm

    Thanks! I am glad there’s an organization NaVOBA and that you took the time to connect with us.

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