Celebrate National Veteran's Small Business Week

October 31 to November 4 was National Veteran’s Small Business Week. We would like to celebrate the contributions veterans have made to American small business.

The Small Business Administration (SBA) issued a report in 2017 noting that 9% of all U.S. companies are veteran-owned. That adds up to more than two million businesses with five million employees and nearly $200 billion in paychecks each year.

Veteran-Owned Small Business Stats

Did you know that veteran-owned enterprises considered “small business” make up the majority of vet-owned operations? Or that some sources claim just shy of 80% of veteran businesses earn sales at six digits or better? Just short of 40% bring in annual revenue of half a million dollars or more.

New Hampshire is the most supportive state for veteran-owned businesses. In fact, the state is so supportive that veteran-owned businesses occupy 12% of all businesses here. But what may be even more impressive is that 6% of state-based sales go toward veterans, which is the highest percentage in the U.S.

 Here are just a few of the veteran-owned businesses we have worked with recently:

1.      Strictly Moose Luxury Suites (Marines)

2.      Exile Burrito (Coast Guard)

3.      Village Gun Store (Army)

4.      White Mountain Chalet Catering (Marines)

Supporting Veteran Entrepreneurs

So, what are a few ways we can help these entrepreneurs across our country - regardless of color, race & creed?

1.    Seek Out Veteran-Owned Businesses Online and In-Person when shopping for products and services.

2.    Look for Ways to Make It Easier to Find Veteran Entrepreneurs.

3.    Share Experiences in this space.

4.    Collaborate with Veteran-owned Businesses.

5. Provide Mental Support and Mentorship.

Link to Veteran-owned Businesses in New Hampshire

New Hampshire | Veteran Owned Business Directory | Military Veteran Businesses Owners | SDVOSB | VOB | VOSB | DVBE

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