Owners in Honor: Company Profile

Background

Overview

Owners in Honor is a nonprofit organization founded and led by veterans, dedicated to empowering fellow veterans and their families to purchase and successfully operate existing small businesses. Based in Houston, Texas, the organization connects veterans with motivated small business owners, enabling them to uphold the legacies of American small businesses. By providing resources and guidance, Owners in Honor facilitates veterans' transition into business ownership, ensuring their success in the civilian sector.

Mission and Vision

The mission of Owners in Honor is to create clear pathways for veterans to purchase and operate small businesses successfully until a planned exit. Their vision is to honor the sacrifices of veterans by supporting their entrepreneurial endeavors, thereby contributing to community continuity, sustainability, and veteran empowerment.

Industry Significance

In the context of the growing veteran population seeking post-service opportunities, Owners in Honor plays a crucial role in facilitating veteran entrepreneurship. By bridging the gap between veterans and small business ownership, the organization contributes to the economic vitality of communities and supports the preservation of small businesses across the nation.

Key Strategic Focus

Core Objectives

Empower Veterans: Provide veterans with the tools, resources, and support needed to transition into successful small business ownership.

Preserve Small Businesses: Assist in the continuity of small businesses by connecting them with capable veteran owners.

Community Impact: Strengthen communities by fostering veteran-led businesses that contribute to local economies and social fabric.

Areas of Specialization

Business Acquisition Support: Guiding veterans through the process of identifying, evaluating, and acquiring existing small businesses.

Financial Assistance: Informing and assisting veterans in identifying various finance options, including those from public and private resources.

Advisory Services: Providing veterans with business education and access to a community of subject matter experts, coaches, and mentors to support them until their planned exit.

Key Technologies Utilized

While specific technologies are not detailed, the organization collaborates with partners like Clearly Acquired, a SaaS-Enabled SBA Business Acquisition Marketplace, to provide veterans with access to a robust marketplace offering verified and pre-qualified business listings, buy-side coaching, financing, lending, and benchmarking insights.

Primary Markets Targeted

Owners in Honor primarily targets veterans and their families across the United States, focusing on those interested in acquiring and operating small businesses. The organization also collaborates with small business owners seeking successors to ensure the continuity of their businesses.

Financials and Funding

Funding History

As a nonprofit organization, Owners in Honor's funding history includes contributions from various donors, grants, and partnerships. Specific details regarding total funds raised and recent funding rounds are not publicly disclosed.

Notable Investors and Partners

Clearly Acquired: A strategic partnership with Clearly Acquired, a SaaS-Enabled SBA Business Acquisition Marketplace, provides veterans with access to a comprehensive platform for business acquisition.

Utilization of Capital

The capital raised is utilized to support the organization's programs, including business acquisition support, financial assistance, and advisory services for veterans. Additionally, funds are allocated towards operational expenses, outreach initiatives, and partnerships that enhance the organization's impact.

Pipeline Development

Key Pipeline Candidates

While specific pipeline candidates are not publicly detailed, the organization focuses on connecting veterans with small business owners looking to sell or transition their businesses.

Stages of Development

The organization operates in the initial stages of connecting veterans with business opportunities, providing support throughout the acquisition process, and offering ongoing advisory services to ensure successful business operations.

Target Conditions

Owners in Honor targets small businesses across various industries that are suitable for veteran ownership and operation.

Anticipated Milestones

Milestones include the successful acquisition of businesses by veterans, the establishment of sustainable operations, and the eventual planned exit of veterans from business ownership.

Technological Platform and Innovation

Proprietary Technologies

The organization leverages partnerships with technology-driven platforms like Clearly Acquired to provide veterans with access to advanced tools and resources for business acquisition.

Significant Scientific Methods

While specific scientific methods are not detailed, the organization employs data-driven approaches to match veterans with suitable business opportunities and to provide tailored advisory services.

Leadership Team

Key Executives

Patrick Flood: Founder and CEO of Owners in Honor, Patrick leads the organization with a vision to empower veterans through business ownership.

Michael Shea: Joined the Board of Owners in Honor in July 2025, bringing expertise in business brokerage to the organization.

Leadership Changes

Michael Shea: Appointed to the Board of Owners in Honor in July 2025, contributing to the organization's strategic direction.

Competitor Profile

Market Insights and Dynamics

The market for veteran entrepreneurship is growing, with increasing support and resources available for veterans seeking to own and operate small businesses. This trend reflects a broader recognition of the value veterans bring to the business community.

Competitor Analysis

While specific competitors are not detailed, organizations like Clearly Acquired, which partners with Owners in Honor, operate in the same space, offering platforms and services to facilitate business acquisitions.

Strategic Collaborations and Partnerships

Significant Collaborations

Clearly Acquired: The partnership with Clearly Acquired enhances the organization's ability to provide veterans with comprehensive resources for business acquisition.

Operational Insights

Strategic Considerations

Owners in Honor differentiates itself by focusing exclusively on veteran entrepreneurship, offering tailored support and resources to veterans seeking business ownership. This specialized approach positions the organization uniquely in the market.

Strategic Opportunities and Future Directions

Future Business Directions

The organization aims to expand its network of partners, enhance its technological platforms, and increase outreach to veterans across the nation. By strengthening these areas, Owners in Honor seeks to empower more veterans in their entrepreneurial journeys.