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November 09, 2004

Many Veterans Become Entrepreneurs

The Office of Advocacy has released a study entitled "Entrepreneurship and Business Ownership in the Veteran Population," which shows that 22% of American veterans are either purchasing or starting a new business or are considering doing such.

According to the study, more than 1/3 veteran small business owners have gained skills from their active duty that are directly related to their business ownership. The study also showed that prior business ownership or employment had a positive impact on an even higher percentage of both new veteran-entrepreneurs and current veteran business owners than did military experience.

Posted by Nick Infusino at 02:22 PM in Small Businesses | Permalink

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