Veterans Are America’s Economic Weapon

November 11, 2019

Thank you to the men and women who have risked their lives fighting for this country. According to the Small Business Association, “veterans are at least 45% more likely than those with no military experience to be entrepreneurs.” For more business facts about veterans, check out our latest infographic.

veterans day infographic - Veterans Are America’s Economic Weapon

Contact us to discuss your small business’s finances, including tax incentives for hiring veterans.

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Veterans are America's Economic WeaponVets as Business Owners:
  • 2.5 million - businesses majority-owned by vets
  • $1.1 trillion - annual revenues for vet-owned businesses
  • Top 5 Industries: Professional, scientific, technical services (17%), Construction (12%), Other services (12%), Real estate (9%) and Retail trade (8%)
Vets as Employees:
  • 2.3% - unemployment rate as of April 2019 (vs. 3.3% non vet population)
  • 31% of federal government workforce
Best For-Profit Employers for Veterans:
  1. First Data Corp.
  2. Southern Company
  3. Comcast NBCUniversal
  4. Intuitive Research and Technology Corp.
  5. USAA
Source: U.S. Small Business Administration, Bureau of Labor Statistics, Military Times Rebootcamp, U.S. of Personnel ManagementContact us to discuss your small business's finances, including tax incentives for hiring veterans.
Posted in The Bottom Line, Featured Post, Infographics