The Franchise Blog 4 Vets

Are You A New Veteran Owned Business? (VOB)

If you are brand new, or are on the cusp of owning a business of your own, you need some numbers;

From Business.Gov and Barbara Weltman;

"If you have any employees in your business, you’ll have to pay state unemployment insurance. While called insurance, this is really a tax based on your payroll and, usually, on your claims experience (the more that former employees apply for unemployment benefits, the higher your “rating” and, consequently, your taxes). While you may be able to use your federal EIN to pay state income taxes, you’ll probably need a special state-issued number for unemployment insurance purposes."

Do you know how to get this number? Or other important business numbers?

Go to Business.Gov! 

Military Veteran Business Owners; Check Out The New And Improved, Business.Gov!

As a military veteran small business owner, you are probably familiar with some of the government websites that offer tips and lists of resources for your current and future business needs. But have you checked out Business.Gov?

Recently revamped, the official "Business Link To the US Government" has become a serious resource for those wanting assistance with their small business related questions.

If you are thinking about launching a business, this is the place to go. Thinking of business expansion? Ditto.

There is even a "Small Business Community" section on the site now in which you can discuss, share and get insight from your fellow business owners as well as industry and government experts.

Here's an article outlining all that Business.Gov now offers, right here.

Veterans Need To Use Caution With Government "Grants"

From my good friends at the new Business.Gov website;

"If you have looked for a government grant for your business, it is very likely you have encountered several websites promising access to "free government grants that you don’t have to pay back" and testimonials from apparent business owners who received tens of thousands of dollars to start a business.'

Veterans, please be careful. "Free Money" is hard to find!

Read the rest of the story on Government grants, here.