A recent survey shows that 70 percent of Americans would prefer to do business with a veteran-owned business. Further, the same survey revealed that 95 percent of American consumers said they “feel a sense of trust and gratitude towards veterans.”
With San Diego being a central location for every branch of the military, the opportunities for entrepreneurs are huge! Skilled, motivated and passionate individuals coming out of military service bring with them a keen sense of leadership, dedication, and ambition that results in successful business opportunities.
What’s Available to Veterans Starting a Business or Growing a Business
There are several programs specifically created to support veterans starting out or growing their business. These resources are diverse and focus on building upon the skills and passions of the individuals looking to transition from a military career.
Resources and Training for Small Business Owners
The best place to start is the Small Business Administration (SBA), where several programs for veterans have been established to develop key business skills, including; business planning, accounting, marketing, and management. The SBA also offers mentorship and financial resources that are tailored to veterans.
Publicize That You Are a Veteran-Owned Business
Registering as a veteran-owned business is another key opportunity for veteran-owned businesses in San Diego. Advertising as a veteran-owned business attracts not only supportive consumers but also provides access to specialized government contracts and other private sector companies focused on inclusive supplier programs.
Banking and Financing Resources for Veteran-Owned Businesses
Your service to our country deserves not only our sincere appreciation and gratitude but also acknowledgment through specialized banking and financing programs specifically for veteran-owned businesses. Many banks offer reduced rates, fee waivers, and packaged programs to help support veteran-owned businesses.
Check out what Home Bank of California has to offer with our Veterans Program in San Diego.
Inspiration from Veteran-Owned Businesses
With courage and honor, veterans have served our country and bring home a wealth of experience and transferrable skills that have resulted in many successful and inspiring businesses. Here are some inspiring business stories from veterans that took the leap into entrepreneurship and want to share their advice with you.
- Business Owners Tell All: 8 Veteran-Owned Business Success Stories
- 14 Inspiring Veterans Who Became Entrepreneurs
- 9 Incredibly Successful Companies Founded by Military Veterans
Support Veteran-Owned Businesses in San Diego (and Everywhere!)
Show your support for veteran-owned businesses by seeking them out and giving them your business! Whether you are a consumer looking for a local clothing store or restaurant, or a business seeking to support their commitment to diversity supplier programs by contracting veteran-owned businesses, your support of our veterans in the business community helps bolster a healthy economy and encourages other veterans to pursue post-military careers in entrepreneurship.
To find a veteran-owned business near you visit the following resources: