Get All Access for $5/mo

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.

Editor's Pick

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Growing a Business

5 Reasons Why Time-Tracking Can Put Your Business in a Chokehold

More and more businesses are adopting time-tracking software to manage their operations, but is it all it's cracked out to be?

Franchise

The Top 10 Coffee Franchises in 2024

From a classic cup of joe to a creamy latte, grab your favorite mug and get ready to brew up success with the best coffee franchises.

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.

Business News

Looking for a Remote Job? Here Are the Most In-Demand Skills to Have on Your Resume, According to Employers.

Employers are looking for interpersonal skills like teamwork as well as specific coding skills.

Business News

'Do You Sell Cars?': Tesla CEO Elon Musk Trolls Jaguar Rebrand on X

The team running Jaguar's X account was working hard on social media this week.