legal Eagle Straight-forward legal tips for Military and Veteran Business Owners By Kelly Bagla, Esq.
FROM VETERAN TO BUSINESS OWNER Did you know out of the 27.9 million businesses in the United States, 2.45 million of them are owned by Veterans? 70% of American consumers are more likely to buy from a veteran owned business than from a business not owned by a veteran. Starting or running a business takes courage, discipline and dedication. It also takes knowing the legal aspects that could safe guard your hard work. Before starting, running or buying a business consider the following:
HAVE A BUSINESS PLAN. complete, thoughtful business plan is one of the most valuable tools in helping you reach your long-term goals. It gives your business direction, defines your objectives, maps out strategies to achieve your goals and helps you to manage possible bumps in the road. OBTAIN FINANCING. Whether you are starting a new business or buying an existing one, small businesses need money. If you or your spouse served in the military and would like to fund your small business, you can take advantage of a few different favorable loan options geared towards veterans.
70% of American consumers are more likely to buy from a veteran owned business than from a business not owned by a veteran.
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WWW.SanDiegoVeteransMagazine.com / NOVEMBER 2021
