Join our Waitlist for Expert Advice!

Veteran Franchisees, We Salute You (Infographic) More veterans are embracing their entrepreneurial side. Check out these facts and figures.

By Carly Okyle

Opinions expressed by Entrepreneur contributors are their own.

Chip Somodevilla | Getty Images

After serving our country in the military, many veterans continue to promote our national interests through entrepreneurship.

Consider that franchises owned by veterans have generated 815,000 jobs nationally, according to an infographic by accounting software and services company The Sage Group in collaboration with the National Veteran-Owned Business Association (NaVOBA). Furthermore, the 66,000-plus veteran-owned businesses in the country add $41 billion to the U.S. GDP every year.

Related: From Medal of Honor to Entrepreneur: What Dakota Meyer Learned About Risk

It's not surprising that veteran-owned businesses do well. After spending time in the armed forces, veterans have leadership experience and are skilled at following precise procedures and directions. Veterans tend to be team focused and mission oriented, which is helpful in both military and business operations.

Check out the infographic below to learn more about how these patriots are earning their stripes (and gold stars) in business.

Related: How the Printing Biz Was a Better Deal for This U.S. Military Veteran

Click to Enlarge+
Veterans (Infographic)
Carly Okyle

Assistant Editor, Contributed Content

Carly Okyle is an assistant editor for contributed content at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

You Have One Month Left to Buy a House, According to Barbara Corcoran. Here's Why.

"If you are planning on waiting a year and seeing where interest rates go, you are out of your mind," Corcoran said.

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

Business News

This New Restaurant Is Banking on One Dish — Because It's the Only Entrée on the Menu

The new hotspot is gaining buzz on social media for its innovative yet super simple concept.

Leadership

4 Bold Leadership Moves Every Successful CEO Uses to Navigate Change

Ready to turn fear into fuel and lead with confidence? In this article, I share how leaving my corporate job without a plan led me to build a thriving business. Learn four bold strategies to embrace uncertainty and turn challenges into opportunities for growth today.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.