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Reserves as Small Business Owner
Last Post 19 May 2018 10:37 AM by mrsteve007. 2 Replies.
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chuck001User is Offline
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chuck001

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11 May 2018 06:59 AM
    I own a small carpet and tile/grout cleaning business and looking at applying to go back into reserves as officer (all basic quals met).  Anybody here in the reserves that run a business?  I have no intention of bringing on any W2 employees as I make enough now and am financially comfortable.

    I guess it's a matter of what to do if that phone call comes and I have to go active.  I would just have to come up with a plan but where I am from, my customer base and market overall are loyal and pro military.
    CPORJMUser is Offline
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    CPORJM

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    14 May 2018 07:00 PM
    I'm not a small business owner, but have been in the CGR since 2001. Being a small business owner in the Reserves is a double edged sword. On one hand, there's no employer who has to fill in behind you, or may not be supportive of your Reserve service (which causes a whole other set of issues). On the other hand, if you're gone, your business has to go on hold. It's one thing to close up shop for your ADT (two weeks active duty). It's another to be gone for 60, 90, 180 days. Are you financially stable enough that your business can go for an extended period of time without an influx of cash? Though you don't have a payroll, you do have such things like quarterly taxes that must be paid, I'm guessing.  If you end up being gone for 6 months, is your customer base loyal enough that they'll still be around when you return? Just things to consider. Best of luck
    "When a true genius appears in the world, you may know him by this sign, that the dunces are all in confederacy against him."-Jonathan Swift
    mrsteve007User is Offline
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    mrsteve007

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    19 May 2018 10:37 AM
    From what I understand, as a reservist officer, you’d be subject to assignment to any station by the Coast Guard vs. the local station as an enlisted member. That could result in costly and non- reimburseable cross country travel every month or two, depending if you could batch your drill dates together.
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