There's a new bill moving through congress that may allow for the GI Bill to be used for startup capital. That being said, I' wouldn't mind catching on with a business to learn and prove my savviness. I've been in corporate finance for five years. Time to move on (either mba or business opp) Taking suggestions. Thanks!
Answers
Hi Brian -
The bill you refer to is only a pilot program called the Veterans Entrepreneurial Transition (VET) Act of 2015. The pilot program will last three years (2016-2019) and allow only 250 veterans to participate.
Of the hundreds of thousands of GIs that leave military service next year, the 2016 pilot program is limited to accepting only 250 of those.
In any event, if you are pursuing a business venture, the first step is composing a business plan. Do you have one of those ?
https://www.score.org/workshops/developing-business-plan
The other alternative would be to go to work for a company. What skills do you have that you can market?
Have you considered a franchise? Do you have any investment capital? For example, you can claim a PapaJohns franchise with a $50k investment.
JG
Thanks John. I'm considering going back to school for a masters in international policy/economics, etc. i've worked in the finance sector for five years and feel the import export business is something I could excel in once I pick a sector and focus on connecting buyers and sellers. If I found a great business, I would find a way to get the money. I'll check out that site for developing a business plan.
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