Did you know that, out of the 27.9 million businesses in the United States, 2.52 million of them are owned by veterans?
That’s right—employing over 5.793 million different employees and bringing in over $1.220 trillion in sales—veteran-owned businesses have a big impact on the U.S. economy.
If you’re a veteran, how can you get in on a piece of the entrepreneurship pie?
Clearly, a small business in the United States would be nowhere close to where it is today without veteran entrepreneurs. But still, starting a business as a veteran business owner is much harder than it should be.
That being said, there are a handful of steps you can take and resources to take advantage of if you’re a veteran trying to start a business, including traditional forms of financing and various VA SBA loan programs.
Here’s your ultimate guide to starting and financing a business as a veteran entrepreneur.