The Small Business Administration hosted a Google Hangout of small businesses owned by women veterans in celebration of Veteran’s Day last week (follow the conversation on Twitter with #vetshangout). Three women veterans shared their best practices for getting started and tips for growing a successful small business.
This 30-minute video shared these women’s stories and experiences, as well as updates on programs and services offered by the SBA, including the resources available to address the mysteries of federal procurement (government contracts) and the lending products available.
Maria Contreras-Sweet, the SBA Administrator, also shared her experiences and tips, including reminding all the veterans watching that some business owners have a rich uncle who can offer them start up capital and connections, but veterans and their families have Uncle Sam as their resource.
Some of the tips offered suggested that new business owners determine their business structure right away and meet early-on with a CPA. All three women stressed how important training and access to experts at the SBA was for their business development.
Each panelist shared a closing tip, including a reminder that you don’t have to start your business alone. In fact, the panel offered, the most successful businesses seek out resources and help as they’re getting started. You can watch the video for all of the great insight offered.