Score Highlights Veterans-specific resources for the month of military recognition

HERNDON – In connection with the national military monthly monthly month in May, Score, a national non -profit organization that supports small companies, has developed specific resources for using their 10,000 mentors at national level at mentoring veterans.

According to Score Research, 80% of the 1.7 million business owners consider veterans, and the five-year survival rate for small businesses for veterans is twice as high as with the non-veteran population.

Data from the US small businesses have also shown that small business owners with an established mentor have twice the success rate -70% compared to 35% -since those who do not have a mentor.

According to the non -profit organization, the Score Veterans Small Business Resource Guide offers veteran -specific resources to provide insights into the development of a business plan, to secure financing, to establish a company, to buy an existing company, to buy a franchise, to connect with one of the volunteers in the score and to understand a better understanding of business through webinars and workshops.

“Voluntary work at Score is my way, those who helped me and gave me during my career to show appreciation and share my background and experience to help entrepreneurs,” said Ed Coleman, regional president of the regional vice president with mid-atlantic. “While I like to work with all the scores as a veteran of the US Army, I particularly like to work with veterans to translate their military experience into entrepreneurship. To help customers recognize their dreams is very gratifying and the essence of the scoring mission is.”

Procation Williamsburg Capitel Chairman Peter Lepage said that mentors constantly expand their knowledge of knowledge to better support veterans on their entrepreneurial journey.

“The military transition from active service has different needs as civilians in relation to the establishment of a company,” said Lepage. “It is wonderful that veteran resources help with the fingertips of our volunteers to look after our service men and women.”

According to score, veterans make up about 10% of the customer base. It noticed that veterans have 10% of small companies and 14% of the franchise companies, since franchisors have a defined plan for what the company has. Veterans represent the perfect franchisee in view of their ability to effectively carry out the intended plans.

Nationally, veterans have almost 2 million companies, employ more than 5 million Americans and, according to the score, generate an annual income of more than 1 trillion US dollar. Of these, 40% of companies owned by veterans achieve annual sales of more than $ 500,000.

To learn more about the score, request a mentor or volunteer to be one and visit score.org.