Small Business

Small businesses: have a voice in regulatory reform

Small Business Administration to host advocacy roundtables May 14-18

As small business owners, your voice matters. According to the Small Business Administration Office of Advocacy research, in Minnesota, there are more than 500,000 small businesses, representing 99.5% of all MN business and 47.9% of all employees. Therefore, finding ways to make small business successful is important locally and nationally. However, small business owners continue to struggle to accelerate growth, due to too many limiting regulations related to workforce, access to capital and overall regulatory red tape.  Rather than being able to do what you do best, are you having to spend too much time navigating unnecessary regulations? 

The year 2017 marked the start of an era of deregulation ushered in by two new executive orders: E.O. 13771, “Reducing Regulation and Controlling Regulatory Costs,” and E.O. 13777, “Enforcing the Regulatory Reform Agenda.” These executive orders offer significant opportunities for regulatory relief targeted to small businesses. In order to carry out these orders, President Trump has charged The Office of Advocacy of the U.S. Small Business Administration (SBA), as the independent voice for small business within the federal government, the watchdog of the Regulatory Flexibility Act (RFA), and a source of small business statistics and research. Advocacy advances the views and concerns of small business before Congress, the White House, federal agencies, federal courts and state policymakers. Their role is to understand small business in America, so they can advocate for it, and look at government entities to protect small businesses from burdensome regulation. Even in a new administration year, Advocacy's overall efforts to promote federal agency compliance with the RFA resulted in the elimination of almost 1,600 regulations and $913.4 million in regulatory cost savings for small entities in fiscal year 2017. These savings came from 16 regulatory and deregulatory actions taken by six agencies.

Now is the time for you to have a voice into the much-needed regulatory reform that is preventing your business from growth. Join us in participating in this unified effort to drive needed change. 

What: AM&AA, ACG, EPI, and VisionOne High Performance Group is working with the SBA Office of Advocacy to host several small business round tables in order to hear, firsthand, the challenges they are facing due to unnecessary regulatory burdens. Come tell us which regulations should be considered for reform or elimination, in order to help your business grow and thrive.

Why: The purpose of Advocacy’s Regional Regulatory Roundtables is to:

  • Identify regional small business regulatory issues in order to assist agencies with regulatory reform and reduction in compliance with Executive Orders 13771 & 13777;
  • Compile crucial information for Advocacy’s new report on existing small business regulatory burdens across the nation, identifying specific recommendations for regulatory changes based upon first-hand accounts from small businesses across the country; and
  • Inform and educate the small business public as to how Advocacy and SBA can assist them with their small business.

Who: These roundtables are for small business owners and their key influencers. They will be conducted by Joe Knilans, rural affairs advocate and Les Davies, region 5 advocate.

  • Small Business Owners (approximately 500 employees or less)
  • Key Influencers (Industry Association Leaders, Small Business Roundtable Leaders, Government Agencies, Government Officials, Small Business Owner Trusted Advisors and Media)

When: Our MN Advocacy Kickoff week is scheduled for May 14-18. Additional regional roundtables, throughout MN, ND, and SD are being planned throughout 2018.

  • Key Influencer Roundtables: These roundtables are for industry association leaders, small business roundtable leaders, government agencies, government officials and small business trusted advisors. The purpose of these roundtables will be to educate you on the efforts of Advocacy, hear the regulatory concerns of your business owners, and determine how you can be involved in this initiative going forward. These roundtables will focus on general regulatory reform that is needed in Minnesota.

Tuesday, May 15: 9am-12pm

Baker Tilly

225 South 6th Street, Suite 2300 Minneapolis

Tuesday, May 15: 1-4pm

Ballard Spahr

80 South 8th Street, Suite 2000 Minneapolis

Wednesday, May 16: 9am-12pm

Venture Bank

6210 Wayzata Boulevard

Golden Valley

 

  • Business Owner Roundtables: These roundtables are for small business owners (less than 500 employees) and government officials, only. The purpose of these roundtables will be to capture the voice of small business owners related to regulatory reform. These roundtables will be held in the metro area. However, additional regional roundtables are being planned for out-state MN throughout 2018.

Wednesday, May 16: 1-4pm

(Focus on Workforce Regulations)

Pinstripes (Hosted by Arthur J Gallagher)

3849 Gallagher Drive

Edina

Thursday, May 17: 9am-12pm

(Focus on Access to Capital Regulations)

Innovative Office Solutions

151 Cliff Road East

Burnsville

Thursday, May 17: 1-4pm

Gray Plant Mooty

80 South 8th Street, Suite 500 Minneapolis

Friday, May 18: 8-11am

Alliance Bernstein

225 South 6th Street, Suite 2500 Minneapolis

 

To register for one of these sessions, click here. Each of these sessions are limited to 40 people, so they will be filling up fast!

Other ways to have a voice:

Can’t get to a roundtable near you?

Let’s come together, as Small Business Owners, and show the government that we have an important and unified voice that is needed in Minnesota and the United States! For more information, contact Josh at 952-210-9293 or josh@visiononeperformance.com.