Veteran Entrepreneurs--New SBA FY17 Scorecard Shows Federal Agencies Award Record Breaking $105 Billion in Small Business Contracts

Posted by Michael Horn on Fri, Jun 15, 2018 @ 07:52 AM

Here is an interesting article by Robb Wong at the SBA.This article is good news for veteran entrepreneurs that participate in Federal Government contracting. Whether or not you believe the numbers that our Federal Government reports on itself, this still shows excellent opportunity for military veterans. In Module 3 of Entrepreneurship for Transitioning Warriors we discuss government contracting and the opportunities available to military veterans. The shear size of the potential market should encourage military entrepreneurs consider government contracting.

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Tags: Veteran, Entrepreneurs, Entrepreneurship, Small Business, vetrepreneur, transition, military

Military Entrepreneurs - 7 Tips for Veterans Interested in Starting a Business

Posted by Michael Horn on Fri, Apr 06, 2018 @ 08:52 AM

In Session 1 of Entrepreneurship for Transitioning Warriors we discussed the different ways that military entrepreneurs can get into business.  Here Jerry Shaw at Newsmax added to a previous post by David Shutler, President and CEO of Utility Systems Solutions, Inc. who writes for Entrepreneur. This excellent article reinforces what we discussed in class. Jerry offers many tips that potential business owners need to consider. Understanding these tips will help you determine whether entrepreneurship is right for you. We will discuss this this again in class.

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Tags: Veteran, Entrepreneurs, Vets, Entrepreneurship, Small Business, startups, Franchise, vetrepreneur, military

Veteran entrepreneur and need funding?  Check this out!

Posted by John Panaccione on Wed, Jan 03, 2018 @ 07:49 PM

Rice University in Houston, TX is conducting its fourth annual Veterans Business Battle on April 13-14 2018.  In order to compete, each applicant must do the following:

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Tags: Veteran, Entrepreneurs, Resources, alternative funding, investors, vetrepreneur, transition, military

Military Entrepreneurs-Understanding business lines of credit-Pt.2

Posted by Michael Horn on Wed, Oct 11, 2017 @ 06:40 AM

In Session 6 of Entrepreneurship for Transitioning Veterans our guest speaker discusses lines of credit as one of several capital sources for military entrepreneurs. Here Marco Terry, managing director of Commercial Capital LLC, shares part two of a two part article about lines of credit. Terry offers many tips business owners need to understand about this valuable sources of funding. Understanding the details will help you determine if a line of credit is right for you.

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Tags: Veteran, Entrepreneurs, Resources, Loans, vetrepreneur

Military Entrepreneurs - Veteran Roll Call Funding Event

Posted by Michael Horn on Fri, Sep 22, 2017 @ 10:51 AM

The Veteran Roll Call is an Investor led event, connecting Military Veteran Entrepreneurs, Angel Investors, VC’s, Hedge-Funds and other capital resources. Startup, Early Stage, and Operating companies that are growing and need outside funding will be presenting at this event.The current date for the Veteran Roll Call event is November 8th and 9th, 2017.  Companies wishing to have strong consideration for presenting need to apply/register and be selected on or before October 15, 2017. Presenting companies must complete a gust.com profile and submit a company profile. They will also have 20 minutes for their presentation and Q&A.

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Tags: Entrepreneurs, Resources, startups, VC, investors, angel-investor, vetrepreneur

Military Entrepreneurs-Understanding business lines of credit-Pt. 1

Posted by Michael Horn on Fri, Sep 08, 2017 @ 07:23 AM

In Session 6 of Entrepreneurship for Transitioning Veterans our guest speaker discusses lines of credit as one of several capital sources for military entrepreneurs. Here Marco Terry, managing director of Commercial Capital LLC, shares part one of a two part article about lines of credit. Terry offers many tips business owners need to understand about this valuable sources of funding. Understanding the details will help you determine if a line of credit is right for you.

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Tags: Veteran, Entrepreneurs, Resources, Loans, vetrepreneur

Veterans Take Note-Small business sales in 2Q2017

Posted by Michael Horn on Fri, Sep 01, 2017 @ 11:02 AM

This article by Urvaksh Karkaria at the Atlanta Business Chronicle describes small businesses selling nationwide and the information my very well apply to your locale. As we discuss in class, Entrepreneurship For Transitioning Warriors, when a veteran considers buying a business there are many factors that must be understood. One of those is the changing market for businesses. Prices and values rise and fall just like with other commodities. It is important for veterans to understand these price and value changes. Factor the changes into the decision-making process of whether and when to buy an existing business rather than starting from scratch. 

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Tags: Veteran, Entrepreneurs, Buying, Franchise, vetrepreneur

Military Entrepreneurs - VC investments in Atlanta drop 25% in Q2

Posted by Michael Horn on Fri, Aug 25, 2017 @ 07:15 AM

As we discuss in Session 6 of class, Entrepreneurship for Transitioning Warriors, venture capital investment is one of the many forms of raising money that a military veteran must understand. Funding your business can be a complex challenge for military veterans. There are various sources of funding available. The challenge is determining which source is the best for you. Here Urvaksh Karkaria at the Atlanta Business Chronicle describes the status of venture capital in Atlanta in 2Q17. You may not be in the Atlanta area, but the information my very well apply to your locale. 

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Tags: Veteran, Entrepreneurs, VC, investors, vetrepreneur

Guest Speakers - Entrepreneurship for Transitioning Warriors September 2017

Posted by Michael Horn on Wed, Aug 23, 2017 @ 09:10 AM

 

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Tags: Veteran, Entrepreneurs, Vets, Entrepreneurship

Military Entrepreneurs - Why To Consider Making Your Small Business an LLC

Posted by Michael Horn on Fri, Jul 28, 2017 @ 08:43 AM

Here is a great article by Dan Mattia that I pulled from VETLIKEME. Mattia makes several great points that we discussed in Module 4 of Entrepreneurship for Transitioning Veterans. As you know from class there are several different legal structures from which you can choose when organizing your small business. Each of these has advantages and disadvantages related to liability, taxation, and future funding. The bottom line is to do your reseach and consult with an attorney.

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Tags: Veteran, Entrepreneurs, Small Business, vetrepreneur