“Do the one thing you cannot do. Fail at it. Try again. Do better the second time. The only people who never truly tumble are those who never mount the high wire. This is your moment. Own it”

– Oprah Winfrey, American talk show host, television producer, actress, author, and media proprietor

Update on Federal Contracting Certifications

The SBA announced plans to launch a new, streamlined contracting certifications experience called MySBA Certifications, enabling customers to apply for and manage multiple federal contracting certifications in one place. The new certifications tool — slated to open for new applicants in September — is a key component of the SBA’s multi-year transformative modernization of the agency’s customer experience. For additional information click HERE.

Beneficial Ownership Information

As of January 1, 2024, the bipartisan Corporate Transparency Act requires most companies doing business in the United States to report information to the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) about the individuals who ultimately own or control them. The law was passed to curb illicit finance and protect U.S. national security. Filing is simple, secure, and free of charge. Companies that are required to comply (“reporting companies”) must file their initial reports by the following deadlines:

• Existing companies: Reporting companies created or registered to do business in the United States before January 1, 2024 must file by January 1, 2025.

• Newly created or registered companies: Reporting companies created or registered to do business in the United States in 2024 have 90 calendar days to file after receiving actual or public notice that their company’s creation or registration is effective. Beginning in 2025, newly created or registered companies will have 30 days.

Beneficial ownership information reporting is not an annual requirement. A report only needs to be submitted once, unless the filer needs to update or correct information. For information click HERE.

Georgia among America’s Top States for Business 2023

The state of Georgia was recently ranked #4 overall in CNBC's "America's Top States for Business" annual study. This impressive ranking highlights Georgia's strong performance across multiple key categories.  Notably, Georgia achieved the top spot for infrastructure (#1), showcasing the state's exceptional transportation network, utilities, and internet access. The state's workforce was also highly regarded, coming in at #4, which reflects the quality and availability of skilled labor. Additionally, Georgia's economy ranked #7, indicating robust economic growth, business friendliness, and overall economic health.

These high rankings underscore Georgia's status as one of the best states for business, making it an attractive destination for both new businesses and new workers. The state's favorable business environment is a key factor in its ability to recruit companies and attract talent. Read the full report HERE.

August Client Spotlight

This month of August, we are honored to spotlight Ms. Deborah Warren, owner of Visionaire Consulting, LLC. which specializes in providing trauma/mental healthiness coaching, staffing and project management services to corporations, government agencies and non-profit organizations. “I give full credit to the ACE WBC team for taking my business to the level I have been trying to reach since I started! In just four short months, my business transitioned from a solopreneur venture to a government contractor. The services, training, and exposure that ACE WBC offers, have equipped me with the skills and confidence I needed to climb higher. They have made this journey significantly easier than when I was doing it alone. I KNOW they are invested in my business's success because they genuinely show it every time I interact with them,” says Deborah Warren. We wish you continued success, Deborah. Congratulations for this recognition!

ACE’s Annual Speed Coaching event offers you the chance to engage with business and financial experts in a dynamic, one-on-one setting. Connect with successful business coaches in 30-minute sessions to receive personalized advice and solutions tailored to your business needs.

August 22, 2024 @ 5:30 – 8:30 p.m. | IN-PERSON

Le Meridien Atlanta Perimeter, 111 Perimeter Center West.Atlanta, GA 30346

Serie de Negocios para Emprendedores Hispanos

Este curso está enfocado a dueños de empresa que quieran reforzar conocimientos financieros básicos para el desarrollo de su negocio con énfasis en una preparación adecuada para acceder a préstamos comerciales. Adicionalmente, aprenderán a comercializar, vender y promover sus productos o servicios en plataformas digitales de gran demanda (E-commerce).

24 de marzo del 2024 @ 9:00 a.m. – 3:00 p.m. | VIRTUAL

Small Business Access to Capital

Looking for funds for your business? Join us and learn about ACE’s loan products and requirements, business plan tool, who is funding start-ups and all the resources ACE and the Women's Business Center offer to support small businesses.

August 28, 2024 @ 3:00 – 4:00 p.m. | VIRTUAL

Women-Owned Small Business Federal Contract Program

The Women Owned Small Business (WOSB) program is designed to help more women-owned small businesses win federal contracts by providing a level playing field for WOSBs to compete. This webinar will provide an overview of the WOSB and EDWOSB Federal Contracting Program as well as eligibility requirements.

September 5, 2024 @ 11:00 a.m. – 12:00 p.m. | VIRTUAL

If you couldn't attend our training sessions, you can access them at your convenience through our website. Seeking guidance on a particular topic? Explore them right HERE.

We extend our gratitude to all the volunteers who shared their expertise in July!

Sonji Franklin with GMSDC

Matielyn Jones with GWBC

Keep yourself informed about the most recent updates regarding entrepreneurs, small businesses, and the economy...

The Superwoman Myth: How Trying to Do It All Is Holding You Back: As a female entrepreneur, you’ve likely felt the pressure to wear all the hats and handle every aspect of your business on your own. Perhaps the pressure has come from a lack of resources to hire a team, or maybe it’s a certain need of control. Read More

4 Softwares That Will Save You Time as a Small Business Owner: Many small business owners don multiple hats — some by choice and some by necessity. Startups may not have the budget to hire staff for different roles, so the owner has no choice but to step up. Some businesses may have the money, but the entrepreneur wants to have more control over all the functions. Read More

The Advantages and Disadvantages of Being an Entrepreneur That You Should Know About: Being an entrepreneur has its advantages and disadvantages. It’s not always smooth sailing; it requires resilience, hard work, and sometimes even sacrifice. But, at the same time, it can be fruitful if you put all your energy into your business. Read More

We value building ongoing relationships with our clients. As a result, we kindly request that new clients participate in at least one of our webinars or training sessions prior to booking a complimentary one-on-one coaching session. This coaching session, lasting 45 minutes, can be scheduled to discuss a specific topic in-depth, at the client's convenience. To begin the process, Create a Client Profile HERE and have access to all the services and resources the WBC provides. Register only once, it’s easy and free!

Keep yourself informed about WBC's resources, classes, and offerings. Stay connected with us on social media to receive real-time updates on announcements and events.

Want to be kept in the loop? If you haven’t already, subscribe to our newsletter HERE. Is there a specific need or question we haven't addressed? Feel free to inform us HERE.

The City of Tucker invites you to our Small Business Resources Expo on Thursday, August 15, 2024, from 1:30 PM to 4:00 PM. This free event is an excellent opportunity for small business owners and aspiring entrepreneurs to gain valuable insights and direction from experts in various fields. Topics covered will include marketing and branding, social media, loans and grants, business plan writing, understanding credit, finding qualified candidates, website and SEO management, HR services, and workforce training. REGISTER NOW!

* All SBA programs and services are provided on a nondiscriminatory basis | Reasonable accommodations will be made if requested at least two weeks in advance | Contact acewbc@aceloans.org for accommodations