AEOWorks Blog

Welcome to the AEOWorks Blog where small business is the top story every day.

Strengthening small businesses and microenterprises in every community is crucial to our economic recovery.  Engage in a national dialogue about the bold, innovative and extraordinary solutions that U.S. entrepreneurs need are found here.

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…MORE...

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…MORE...

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…MORE...

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…MORE...

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.   …MORE...

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…MORE...

Recess Packet - April 2017

Dear AEO Members, On Friday, April 7, Congress adjourns for a two-week spring recess. When Congress returns, Members will have just five days to act before the federal government runs out of funding for FY17 on April 28. Once they come to an agreement on funding for the rest of FY2017, Congress will immediately begin the FY2018 budget process. While Congress is in their districts/States, your Member of Congress needs…MORE...

AEO Releases New Report on Black Business Ownership in the U.S.

AEO Releases New Report on Black Business Ownership in the U.S.

DOWNLOAD THE REPORT WASHINGTON D.C., March 20, 2016 -- The Association for Enterprise Opportunity (AEO), a nonprofit organization dedicated to empowering microbusinesses, today announced the release of its new report “The Tapestry of Black Business Ownership in America: Untapped Opportunities for Success.” Funded by the W.K. Kellogg Foundation, the report set out to assess the economic strength and potential of Black-owned businesses, identify challenges and opportunities across a mosaic of segments,…MORE...

Action Alert: Urge Your Representative to Support AEO Funding Priorities

Entrepreneurship funding requires support from Republicans and Democrats alike. AEO is asking all its members and supporters to call their Member of Congress and urge them to support Fiscal Year 2018 small business lending. In particular, there are three cornerstone programs that provide critical support to entrepreneurs, especially in economically distressed areas.   The programs which are under threat of being cut, are the Treasury’s CDFI program, the SBA Microloan Program…MORE...

The Budget Process: The Good, The Bad and The Exceedingly Complicated

On May 4, 2017, Congress passed a $1.1 trillion omnibus to fund the government for the remainder of FY 2017. Funded programs include Women’s Business Centers, Small Business Development Centers, and Community Development Financial Institutions. The process for the FY 18 budget begins now. What’s in the FY 17 Budget that Impacts Small Businesses? View the presentation slides from our webinar. The Good: The Process Is Largely the Same The…MORE...