The score offers resources to help veterans start and develop businesses, according to a community announcement.
Score, a non -profit national organization, provides free mentoring and resources to small businesses. During the national month of military appreciation in May, Score developed specific resources for its 10,000 mentors to help veterans.
The resource guide for small enterprises of veterans offers information on the development of a business plan, the funding guarantee, the start of a business, the purchase of an existing company, the purchase of a deductible, the connection with a mentor and the understanding of business through webinaries and workshops.
Ed Coleman, regional vice-president of the mid-Atlantic, said that volunteering at score was his way of showing their appreciation to those who helped him during his career.
“Although I like to work with all score customers, as a veteran of the American army, I particularly like to work with veterans to translate their military experience into entrepreneurship,” said Coleman. “Helping customers to realize their dreams is very rewarding and the essence of the score mission.”
Jon Heimerman, president of the Washington DC section, said that mentors are continuously expanding their knowledge to better help veterans in their entrepreneurial trip.
“The military transition of active services has different needs of civilians in terms of a business start -up,” said Heimerman. “It is wonderful to have the veterans’ resources at the fingertips of our volunteers to help supervise our men and women.”
Veterans represent about 10% of score customers. Nationally, veterans have nearly 2 million companies, employing more than 5 million Americans and generating more than $ 1 Billion in annual income. Among these, 40% of companies belonging to veterans generate more than $ 500,000 in annual income.
According to research, 80% of the 1.7 million business owners belonging to veterans consider themselves successful. The five -year survival rate of small businesses for veterans is double that of the non -veteran population.
Small business administration data from the United States show that owners of small businesses with an established mentor have twice as much success rate – 70% against 35% – like those without mentor.
To find out more about the score, ask for a mentor or a volunteer, go to score.org. The coverage area of the DC score chapter includes the counties of Washington and Frederick.
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