Why Every New Entrepreneur Needs To Hire Veterans
If you are new to the world of business and you are just getting your company off of the ground then you can do yourself a lot of favors by making it a priority to hire veterans. These great service men and women are incredibly dedicated to their work and they could make a world of difference. Today, The American Legion Department of Connecticut shares some reasons why hiring veterans is the best thing that you could ever do.
Tips Getting Your Business Off Of The Ground
Before you start hiring, you need to ensure that your company is secure and properly formed so you can bring on employees and reach the next level of success. As a start, make sure that you create a business plan that will outline every step that you need to take to succeed, including how you will develop your product or service, how you will secure funding, how much money you will need, how you plan to market your items and more.
For instance, when it comes to marketing, one of the best things you can do is spread the word via social media. You could also start putting out a newsletter. To do this, start in Word, then save it as a PDF and send it out via email, as well as sharing it with any relevant social media interest groups. If you need to make any changes, you can change file types PDF to Word with this free tool, make your changes, then save the file as a PDF again.
The Great Skills That Veterans Bring To Your Business
Once you are up and running, you can start hiring employees. It is crucial to find the best people for the job but doing so can be challenging. The great thing about veterans is that they are dedicated to any job that they do. They already did amazing work to protect America and our way of life, and they will bring that same dedication to their position at your company. Veterans have many soft skills that cannot be learned in school, like time management, communication, stress management, accountability, and loyalty.
These days, just getting an employee to come into work on time is a great struggle, but veterans are strict about their routine and they will be there when work starts and be ready to go. Most veterans also won’t mess around on the job because they are dedicated to the goal that you set for them.
Many veterans can also be reimbursed to return to school to obtain a degree, and many will take advantage of this perk, so even if you hire them for a specific job, they can always learn more and advance within your company. All in all, there are very few downsides.
Hiring Veterans Could Also Help Your Bottom Line
While you are getting great help around the office, the veterans that you hire could also help you to make some extra money and provide tax breaks. Any company that hires veterans and other unique groups is eligible for the Work Opportunity Tax Credit, which could bring you thousands of dollars per veteran. The government knows how hard it is for veterans to find jobs after they are discharged, so this is an incentive to give them a chance.
You can also get money through the Special Employer Incentive Program, which is a part of the Veterans Benefits Administration. Essentially, it gives employers that hire veterans a 50% reimbursement for the veteran’s salary for up to six months. Again, this type of program encourages companies to give veterans a chance, and as we learned, if you do, you will not be disappointed.
As you can see, there are countless benefits to hiring veterans at your growing business. Think about the skills they bring and the tax benefits you could receive. And make sure to create memorable business cards to help recruit potential employees.
The American Legion Department of Connecticut is here to help veterans and their families. Call 860-436-9986.
