FY 2018 Budget Impact Table

 
 

ACTION ALERT to AEO Community re: FY 2018 Federal Budget – May 25, 2017

Dear AEO Community:

You have probably seen all the media reports on the release of President Trump’s budget and the requested deep cuts in safety net programs and those that support distressed communities. Unfortunately, and as we feared despite a brief respite through the omnibus budget that funds the federal government through the end of September 2017, the President proposed deep cuts for FY18 that support small businesses. Here is a summary table of the programs that most impact small businesses indicating current FY 2017 …

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Becoming a Veteran-Owned Small Business

BuzzCream is a Texas-based small business that makes alcohol-infused ice cream. It was founded by Michael Davis, a 2013 Le Cordon Bleu graduate and U.S. marine veteran. 

From the over three million veteran-owned businesses, many are providing transitional assistance and financial empowerment to transitioning veterans.  As a military spouse, daughter, and sister, I have recognized first-hand the impact that small business ownership can have both fiscally and to help boost overall morale for the transitioning service member and their families.

First Hand Experience

In 2009, Mike …

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The Rewards are Great — Working with Entrepreneurial Native American Communities

ONABEN’s mission is to support Indigenous individuals, economic development organizations, and communities by increasing opportunities for sustainable economic growth through culturally relevant entrepreneurial training and organizational development.

Like any community, working within Indian Country has its challenges. But, the rewards are great. Having provided entrepreneurial development services to Native communities for over 25 years, ONABEN has worked from coast to coast, including Alaska and Hawaii. Every community is unique…every entrepreneur driven by his or her individual desire to make a difference…every culture defined by the stories that …

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As an Entrepreneur, RISK is required – How much are you willing to risk?

Aysha Cooper is the executive director of an Adult Day Center in Snellville, GA

Entrepreneurs are often categorized as risk takers.  Starting a business involves some level of risk to be taken.  Risk can also mean doing things that can cause harm, such as financial loss.  Fabienne Fredrickson, founder of Boldheart.com says, “Courage is a love affair with the unknown.”  I would like to think of myself as a Conqueror with Courage. In business, there are many times when you must make decisions – decisions that …

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When a Small Business Should Hire a Bookkeeper

Bench is an online bookkeeping service for small businesses

When you’re just starting out in business and your monthly transactions are minimal, it’s easy enough to handle the books yourself. But as your business grows and your time is split across a long list of To Dos, you’ll need to decide when to bring on additional bookkeeping support.

When and how you engage the services of a bookkeeper will depend on how much time you have to spare, the size of …

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TAKE A PAGE FROM ONLINE RETAILERS’ PLAYBOOK TO CONNECT MAIN STREET WITH THE RIGHT CREDIT PRODUCTS

Keith Catanzano is co-founder of 2River. 2River’s LIFT data analytics platform helps lenders integrate their customer information file with data-science to simplify business decisions. Keith is also a small business owner.

 

Shopping for small business loans has become an online activity. Like other online activities, customers expect convenience, security and service. In addition, customers expect the same quality experience whether applying for a loan in-store, on-line, or mobile. 

 

For small business lending, consistency across channels is …

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AEO Celebrates National Small Business Week 2017

Dear AEO Community:

We know that the vast majority of businesses in the United States are small but they add up to a big economic impact.  Ninety-one percent of all U.S. firms are microbusinesses-those with 5 or fewer employees-but they contribute $1 trillion in revenues to the U.S. economy and provide $172 billion in payroll, according to U.S. Census data. 

This week, as we celebrate Small Businesses Week, I want to recognize you, our members, for the significant and critical work you do on behalf of these small businesses. …

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