Small Business Administration Entrepreneurship Track Boots to Business (B2B) Element: 33 Page: 167.

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Presentation transcript:

Small Business Administration Entrepreneurship Track Boots to Business (B2B) Element: 33 Page: 167

Purpose To explain to the Transitioning Service Member (TSM) the entrepreneurship track of Department of Labor Entrepreneurship Workshop (DOLEW), Boots to Business (B2B) How small business ownership can be a great option for the TSM

Standards The U.S. Small Business Administration (SBA) manages most federal small business for Veterans (VETS) American academic institutions are delivering training programs designed for VETS, spouses or caregivers

Standards Continued: Why? What’s In It For Me? (WIIFM?) Being your own boss Challenging yourself Financial incentives Marketing assistance Human Resources (HR) Training

Standards Continued The SBA assists with concerns with the TSM’s small business business development plan Training track in Transition, Goals, Plans, Success (TGPS), Block 5: Helps improve the participants business skills Access tools and resources necessary to launch and maintain their business

Standards Continued The training is a two-step process: Introduction to Entrepreneurship Two-Day Course- Classroom Course offered as one of three TPGS elective tracks Foundation of Entrepreneurship- eight week, instructor led online course that offers in- depth instruction on the elements of a business plan, tips, and techniques to begin a business

Practical Exercise Page 65-70

Standards Continued Attending B2B DOES NOT disqualify the TSM from attending Accessing Higher Education or Career Technical Training Track TSM, TSM spouse, service members can participate in multiple tracks regardless of when they transition

Summary B2B teaches Service members and their spouses: Identify business opportunities Draft business plans Launch new business enterprises FREE!!!!!! Available 24/7 via Joint Knowledge Online (JKO) *EXTRA* Reboot is for Service members and their dependents who have already transitioned to civilian life

Resources https://www.sba.gov/offices/headquarters/ovbd/resources/160511 http://www.cnic.navy.mil/regions/cnrma/ffr/support_services.html https://youtube.com/watch?v=w3yraaVelaE https://youtube.com/watch?v=9Zpex_AXw7c https://sbavets.force.com/s/

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