Creating Accountability to Meet your Veteran Owned Business Goal Requirements

Doing business with VOBs has numerous benefits for corporations. They can enjoy exceptional levels of service, strong partnerships, and diverse supply chains. As more corporate buyers seek to increase their partnerships with VOBs, they need to establish mechanisms and benchmarks that will allow their companies to remain accountable to these initiatives.

All Veteran Owned Business verifications are not created equal and may be required to successfully submit a proposal for a government or corporate contracting opportunity. There are definite benefits to verification and it’s important to understand the differences between verifications, where it will be valid and choose the most relevant based on your business goals. Here’s a brief outline of just a few veteran verification processes available.

American business is on the uptick in many manufacturing and service areas of the economy and there is absolutely no reason Veteran Owned Businesses (VOB) cannot be part of this vibrant growth. The Veteran Owned Business Roundtable (VOBRT) has created the VetConnect program as a viable vehicle to provide the family of business owners and VOBs with resources and opportunities for networking and growth. VetConnect corporate access is the key to unlock VOB business prosperity.

Our veterans form an important part of the business environment in the country. Upon returning from duty, many veterans choose to start and operate businesses in the private sector. As part of an initiative to support these business ventures, the US government set up a program with the goal of having a minimum of 3% of its purchases being made from veteran-owned businesses.

As he sought a definition of “business model,” Michael Lewis said, “All it really meant was how you planned to make money.” Cynical, yes; true, not necessarily. Organizations like VOBRT (Veteran Owned Business Roundtable) often base their business model and mission on how to help other people make money. Profit-oriented companies like yours can also help U.S. military veterans.

How Our Business Model Works For You

The Veteran Owned Business Roundtable (VOBRT) is the conduit which provides VOB’s the resources to grow and expand their business with the initiatives of government agencies and corporations that are dedicated to increasing the number of certified and mission-ready VOBs in their supply chain. Corporate Members are an important element in providing support and enabling VOBRT’s Committees to implement its business model and work to meet the organizations goals and objectives.

Without arguing the merits of one minority vs. another minority, simply realize this: Members of most minorities did not choose to be a minority. Our veterans chose to dedicate themselves, and risk their lives, so that we can live free in the United States. It is because of their choice that we owe them a leg up in their career endeavors with college incentives and business motivations that level the playing field for them.

Business capital funding is essential for new veteran owned businesses (VOBs). There are a variety of funding options available that include federal, state and private organizational financial support. Veteran Owned Business Roundtable (VOBRT) is firmly committed to identifying funding resources and capital for VOBs.

Many women in the military feel they have to prove they are “worthy” to serve; and the men just have to show up! If you served our country, you did prove a great deal; you are trustworthy, dependable, and have leadership qualities that transfer to business entrepreneurship in “the real world.”

The most important and strategically useful benefit of membership in the VOBRT (Veteran Owned Business Round Table) is networking, and there are two ways to network that will improve your chances of signing a government or corporate contract. Mentors, corporate members, and your fellow VOB peers want to help you succeed; the most important reason why VOB’s join the VOBRT. Those networking connections are invaluable. Here’s why: