Frequently Asked Questions

  1. What are the benefits of identifying my business as veteran-owned?  Astonishing.  An independent survey of over 500 Americans in December 2009 revealed that 95 percent of American consumers said they feel a sense of trust and gratitude towards veterans. And 70% said they’d be more likely to buy from a veteran-owned business than from a business not owned by a veteran!
  2. How do I let my customers know that my business is a Veteran Owned Business?  Register your business on www.BuyVeteran.com. This registry lets consumers from all over the country find veteran-owned businesses in all industries. Consumers searching for pizza in New York, dry cleaning in Dallas or a roofer in Seattle can now Buy Veteran!
  3. How do I market myself as a Veteran Owned Business?  When you register for full membership at BuyVeteran.com, you’ll receive the official “Veteran Owned Business” badge to display so your customers know you’re a vetrepreneur. Display this badge in your storefront, on your work trucks, on your Web site and on your business cards and ads.  You can also order hats, t-shirts, banners, posters, truck magnets and an assortment of official “Veteran Owned Business” marketing materials to drive more customers. Click here to learn more and become a NaVOBA member.
  4. Why do I need the official Veteran Owned Business badge?  You don’t.  But the official Veteran Owned Business badge lets consumers know that you’ve been verified by a third party, prevents most fraudulent claims of being a veteran-owned business, legitimizes the community of over 3 million veteran owned businesses with a professional, identification icon, gives you access to all marketing that NaVOBA offers and enables you to leverage the national marketing message of the official badge.
  5. How do I get Vetrepreneur magazine?  Vetrepreneur is a NaVOBA members-only magazine. An annual NaVOBA membership starts at $48.  Vetrepreneur is packed with tips and advice from small business experts who want you to succeed. It keeps you informed of how our community is growing and new opportunities available as a veteran-owned business.  It’s our flagship.
  6. How can I find contact information for corporations that support veteran business?  To find this information please click here to visit the listing of current corporate members of NaVOBA.
  7. How can I learn more about selling to the federal government?  Register with the VA’s Center for Veterans Enterprise (www.vetbiz.gov) and the Central Contractor Registry (www.bpn.gov/ccr), if you haven’t done so already.  Vetrepreneur also covers federal contracting regularly from our staff of experts including Scott Denniston and John Lopez.
  8. How can I learn what all these acronyms and abbreviations mean?  Visit the NaVOBA Industry Lingo page by clicking here.
  9. What states have goals to buy from Veteran Owned Businesses like the federal government?  Visit the NaVOBA State Tracker to learn which states are Vetrepreneur-friendly. Click here.   
  10. What are the benefits of starting a franchise?  If you are considering business ownership but are hesitant to venture out on your own, you may want to consider becoming a franchisee, or franchise owner. Becoming a business owner can be an intimidating process, but when you purchase a franchise, you get a team of support, which includes marketing assistance, HR tools, training and a proven business plan. Having others who are committed to your success as a business owner and who are willing and able to help when you run into problems is just one of the many advantages to franchise ownership.
  11. What's the benefit of applying for a GSA Schedule?  Additional exposure and a step ahead, for one.  Federal agencies us GSA Federal Supply Service Schedule Contracts and GWACs to make purchases.  These pre-approved contracts are used to buy commonly used products, services and solutions needed to fulfill their missions and day-to-day operations.  These opportunities are rarely announced on the FedBizOpps site, but are normally competed amongst pre-qualified vendors already under contract with the GSA.
  12. Is joint venturing a good idea, why?  A Joint Venture Agreement is used to define a form of partnership that is put together for a limited purpose. The Joint Venture Agreement shares the risk between multiple parties for the project and any of its shortcomings. In addition, this agreement also defines the benefit as well as the risk for each contributing participant.
  13. I will be transitioning from active duty in the next few months and I’m eager to start my own business. How can I learn more? First off, Join NaVOBA! 
  14. I have a product or service that would be beneficial for NaVOBA members. How can I offer my product or service as a NaVOBA member benefit?  Click here.

Do you have questions that are not answered here?  If so, please click here to submit them to the NaVOBA team.

 

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Vetrepreneur

Vetrepreneur Cover June 14, 2014
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