Veterans have a huge impact on small business. Veteran owned businesses account for 2.4 million businesses in the United States, reports Forbes. This number accounts for 9% of all American firms. In addition, veteran owned firms employ almost six million people, which translates into a payroll of $210 billion. A substantial amount of these veteran owned business are run by former officers, around 55 percent, many of which are highly successful. Read more...

The Pentagon has exceeded its goals for small-business contracting for the first time, reports the Department of Defense. The Department reports that small businesses made up 23 percent of the Defense Department’s prime contracts in fiscal year 2014. Read more...

According to Yahoo Finance, the National Federation of Independent Business optimism index fell in September. The index dropped to 95.3, a decrease of 0.8 points from August. Read more...