Why Veterans are Important for American Businesses

Businesses owned by Veterans make up a huge part of the national economy and aside from representing just the Stars & Stripes, Silver Rock Funding is proud to be a part of the Veteran community.

This Veterans Day. the Silver Rock Funding team is excited to acknowledge those who protect and serve us in the US Military. From Veteran business owneers to veteran employees, service men and women are an important asset to businesses.Veterans

Veteran Business Owners 

Businesses owned by Veterans make up a huge part of the national economy and aside from representing just the Stars & Stripes, Silver Rock Funding is proud to be a part of the Veteran community. Businesses that are owned by Veterans have been a huge part of this nation’s history and as more and more great companies emerge owned by these heroes the more opportunities there are for great returning veterans too. The stats are impressive, but certainly don’t tell the entire story:

  • Sales of
    $1.220 trillion
  • 5.793 million employees
  • Annual payroll of $210 billion.
Veteran Employers
When veterans return to civilian life, they make for viable assets to business owners. There has been a huge push in recent years for business owners to hire those men and women that serve. There are several major qualities that employers admire in military vets, here are a few :

Their initiative. Anyone in the military learns to follow orders. But they also understand that there are situations when they need to take action in the absence of orders. If something needs to be done, they don’t have to wait to be told.

Leadership and teamwork skills: Veterans typically have led colleagues, accepted direction from others and operated as part of a small team.

Loyalty. Veterans are committed to the organizations they work for, which can translate into longer tenure.

The study titled Hiring Heroes: Employer Perceptions, Preferences, and Hiring Practices Related to U.S. Military Personnel, was based on surveys of 800 hiring managers across a range of industries.

These employers said that veterans possess skills and attributes that help their on-the-job performance. Specifically, the hiring managers cited leadership and team-building skills: which are not only transferable to civilian positions, but are highly valued.

If you are a small business owner, hiring veterans is a smart decision.

Leave a Reply

Your email address will not be published. Required fields are marked *