Among those employing veterans, the benefits they have found include resolving skills shortages (35%), improving team performance (27%) and providing fresh perspectives and creative ideas (26%).

FSB’s research suggests there are around 340,000 (6%) small businesses owned by service leavers, and the vast majority (78%) have grown to take on employees. 50% have between one and 10 employees; while 7% have in excess of 50 employees. 22% are sole-traders.