Sunday, November 10, 2013

More young US veterans become entrepreneurs

Which makes sense given their training and discipline - why shouldn't military training and experience be a signal like any other, say a university degree? (WSJ via Instapundit):

Last year, 7.1% of veteran business owners were under the age of 35, up from 4.6% in 2008, according to a brief released Friday by the U.S. Small Business Administration’s Office of Advocacy.

The weak job market may be partly accountable for the trend. The nation’s unemployment rate has remained above 7% since November 2008.

Another driving force may be the growing list of franchise companies that offer former service men and women discounts on startup fees, including 7-Eleven, Tim Horton’s. and Aamco Transmissions, to name a few.

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