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veterans

Veterans aren't starting as many businesses as they used to, according to a new study by the Kauffman Foundation. The foundation, which promotes and studies entrepreneurship, found that veterans accounted for more than 12 percent of all startups in 1996. By 2011, only 6 percent of new businesses were started by veterans. The biggest reason for this decline in startup rates among veterans is that the veteran population is aging. Most veterans of the Korean War, for example, are in their 80s, and many Vietnam War veterans have reached retirement age.

To read the full, original article click on this link: Veteran-owned companies as percentage of all startups plunges in recent years - The Business Journals