A great story in today's Union Leader about CRDC customer Joe Lacerda, a veteran owned business owner. CRDC worked with Lacerda to help him purchase a building in downtown Manchester. U.S. Rep Carol Shea-Porter toured Lacerda's business, the Manchester Music Mill. CRDC's Executive Director, Stephen Heavener was there to participated in the conversation and tour. Click here to read the online version of the Union Leader's story about Joe.
M. Rhett Jeppson, associate administrator for the Office of Veterans Business Development at the SBA, said there are programs to provide information and assistance to veterans as they leave the service.
He’s now on Elm Street, but it wasn’t easy, he said. “It took a year of going up and down the street, trying to buy a building,” he said. Finally, the man who now owns Van Otis Chocolate agreed to sell him the building he’s now in. “He became my tenant,” said Lacerda, with a 20-year lease.
While he still has an online business, it’s a shrinking share. He has 11 teachers on staff and the music school is booming. He makes sure his students perform publicly as well.
Jeppson said veteran-owned business have annual receipts of $1.1 trillion. He said one in 10 businesses is veteran-owned, with a preponderance of sole-proprietor businesses.
After leaving the Music Mill, following a tour of the business as well as a conversation with Lacerda, Shea- Porter walked across Elm Street to meet with Market Basket employees out picketing before heading to the Seacoast to meet with another business owner.