The country, through the US Senate, has been slowly working towards improving the conditions of veterans and offering them opportunities to integrate back into society. The Veterans Benefits Act of 2003 was a law passed by the US Senate to amend title 38 of the United States Code. The purpose of this amendment was to improve the benefits that were to be offered to veterans under the laws of the department of Veterans Affairs (VA).
For many potential Veteran Owned Business owners, creating a business and being successful at it may seem like climbing a mountain. But fortunately for these entrepreneurs Veteran Owned Business Roundtable (VOBRT) has developed an excellent program that makes the destination to business success achievable. They accomplish this by utilizing innovative techniques and programs which successfully develop/mentor a veteran owned business.
Contracting departments of businesses need to be aware of the requirements that VOBs must fulfill, in addition to the numerous benefits that working with VOBs provides. In fact, VOBs and SDVOBs are increasingly being sought after by corporations that are seeking supplier diversity. As a result, there are currently 2.5 million VOBs in the country, and they generate more than $1 trillion in sales per year.
5 Key tips for Finding VOBs and SDVOBs
From the battlefield to the boardroom, more veterans are venturing into the corporate world in order to start businesses. VOBs and SDVOBs are among the most successful start-ups due to the resilience and excellent leadership skills of their owners. As a result, more customers and corporations are seeking out the services of VOBs and SDVOBs.
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.
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.
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.