Any person who has significant experience gained from practicing in a named field can be referred to as a veteran. The term veteran could also be used to define a person who has had a long service as a member of the armed forces before they left the forces. The reasons for leaving the military, however, matter very much in determining if a person is a veteran as the reasons need not be once involving the loss of honor. The veterans especially from the armed forces usually experience a lot of difficulties landing into job after leaving the service mainly because the skills they have may not be accurately aligned to the corporate market. This reason makes most get less paying jobs while others cannot get jobs at all.
The veterans, in a bid to meet their basic needs may be prompted to start business. Businesses that are started by veterans are thus referred to as Veteran owned business. This adds to the already existing businesses in the market place to form two broad categories which are veteran- owned businesses and the civilian owed business. The government, since it understands this situation steps in to help such veterans with the necessary assistance that they need as a means to show that they appreciate all the noble job they did while in the forces. Provision of the financial aid that these veterans require to successfully start a business are just but one of the ways in which the government offers them support.
The business run by veteran even have more subcategories which would make it correct to say that they form a veteran-owned business marketplace. The first subdivision is the Service -connected veteran owned business which is a category covers the veterans who obtained their physical disability in the line of duty. For one to be considered to be in this category the must be this criteria by having tangible evidence such a letter from the administration indicating release from service due to disability. There is another category that is closely related to the first category except that they also have to meet the threshold of being the size of a small business before they can be able to consider to be in the service-disabled veteran small business.
The government treats the veteran-owned businesses and thus has set aside a set proportion of its outsourced services to be provided by this group. Besides that, there is also programs that the government came up with whose mandate is to assist the veterans by empowering them, mentoring them as well as giving them the necessary skills they require to carry out business. Other people who also understand the challenges encounter by veterans also try to support them by buying their products and consuming the services they offer.