7 resources available for small business owners

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Mar 8, 2020 1:20 PM PDT
3 minute read
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SUMMARY

This article is sponsored by Victory Capital. “When I think of opportunity, I think of all the things my mom…

This article is sponsored by Victory Capital.

“When I think of opportunity, I think of all the things my mom gave up for us to have a good life,” Alicia Hanf, Army Veteran and entrepreneur, said. “For me, opportunity is endless, it’s abundant. It’s always available to us.”

After serving six years in the Army, Hanf began her civilian career working for an agency in Baltimore. While she was at work one ominous day, she received a call from her brother telling her their mother had passed away. She said it stopped her whole life. 

Hear Alicia's full story on Victory Capital's website

In that moment, she said she heard her drill sergeant’s voice come back to her, “Do you know what your last known point is?”

“The principal of last known point is when you get lost in the woods or in life, which you will, remember to stop, take a breath, don’t panic and just look around and go back to the last point that you can remember getting back to,” Hanf said, “From there, you replot your course, and you find your way.” 

When Hanf was transitioning out of the military into civilian life, she was mentored by a group of women who helped her with her resume, helped her get a job, and really helped her cross over to civilian life successfully.

Hanf said she could not have gotten as far as she is today were it not for the veterans and business organizations that are available. Whether it is starting a business, looking for networking groups, or looking for help for an existing business, she advises to take advantage of the many resources available. 

For small business owners who are feeling lost and looking for a last known point for help, there are resources and help available. Here are 7 to get started:

Resources available to all small business owners: 

  1. The U.S. Small Business Administration (SBA) has over 100 centers providing both training and counseling services on a variety of topics to help Americans start, build and grow their businesses. It was created in 1953 as an independent government agency intended to preserve free competitive enterprise and help the economy. It intends to assist all business owners whether in the planning stage, launching stage, managing stage or growing stage of business.
  2. Small Business Development Centers (SBDC) are centers providing free, in-person business consulting on topics like writing business plans, accessing capital, marketing, regulatory compliance, technology development and more. They also offer low-cost training and hold an annual conference.

Resources available to women business owners: 

3. SBA Office of Women’s Business Ownership is the branch of the SBA that sponsors a Women-Owned Small Businesses Federal Contracting Program. It is designed to give women-owned small businesses better access to federal contracting opportunities.

4. International Association of Women (IAW) provides networking events, professional development opportunities, career and business development services, and promotional opportunities for women in all stages of business. IAW also provides online networking benefits to connect with like-minded women and receive monthly eCoaching.

Resources available to veteran business owners:

5. Veteran Business Outreach Centers are available through the SBA to provide assistance to veterans in their local communities. The centers can help veterans access resources such as business training, counseling and mentoring in their local communities.

6. Veteran Entrepreneur Portal is a part of the VA’s Office of Small and Disadvantaged Business Utilization. It provides access to a number of business tools and services including everything from business education to financing opportunities. The site also provides links and information related to government programs and services created specifically for veterans.

7. Patriot Boot Camp, presented by Techstars, is an accelerator program focused on helping military veterans and their spouses build technology companies. Open to all active-duty military members, veterans and their spouses, PBC’s main program is a three-day event. The event provides participants with free education, training and mentorship.

For financial tools and tips you can use on your own Road to Victory, visit Victory Capital today.

This article is sponsored by Victory Capital.

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