2020 NAWBO Advocacy Agenda | NAWBO

NAWBO Advocacy

Advocacy

2020 NAWBO Advocacy Agenda

 

NAWBO’s members are diverse in many ways including size of their business, the sector they serve in, the stage of business development and personal politics. To best represent the diversity within the membership, NAWBO engages with members in both the U.S. House of Representatives and U.S. Senate regardless of party or ideological affiliation. With the current two party system in the U.S, in order to receive support from NAWBO National, a piece of federal legislation must have bi-partisan support, which means members of both parties serve as sponsors and/or original co-sponsors.  With the 100th anniversary of the 19th amendment, a census underway in 2020, and retirement and business succession planning a topic that is all too often neglected by new and even older business owners, NAWBO has decided to solidify three pillars of importance for public policy in 2020.

 

Voter Registration

Ratified on August 18, 1920, the 19th Amendment to the U.S. Constitution granted American women the right to vote. 2020 marks the 100th anniversary of this pivotal piece of legislation, the avenue by which women were finally able to achieve real reform in American policy.

As a women’s business organization, NAWBO believes there is no time like the present to fulfill our civic duty and cast a ballot asserting our constitutional right to vote. If NAWBO members would like to move positive bipartisan business policy forward, we must elect policymakers with our ideals, and the first step is casting our ballots.

 

Census Participation

While the Constitution of the United States requires a calculation of the population every 10 years, business owners should recognize the importance of a complete and accurate count by the federal government. Through a robust data set, business owners can make better decisions about scaling their business into the next decade. For example, the information could help entrepreneurs see where populations are expanding, specific locations to open new stores, regions to grow business operations, and which products and services to offer. In addition, this effort is the basis for future policy decisions as the data provides a landscape to start economic policy discussions.

With NAWBO’s support of the 2020 Census and by increasing our outreach efforts to encourage our communities to participate, we can help ensure a complete and accurate count.

 

Business Succession Planning and Retirement

In the 2019 NAWBO Membership Survey, 67% of NAWBO members surveyed stated that they are saving for retirement; however, 58% have not done any succession planning for their business. Policymakers must understand the pitfalls when it comes to retirement and business succession planning for businesses and find ways to ensure that women are just as prepared to enter the workforce as they are to exit the workforce.

 

Other Advocacy Priorities

Beyond our three pillars of importance, NAWBO will continue to pursue a public policy agenda that positions NAWBO at the forefront of issues that impact our members. Other topics NAWBO continues to follow on behalf of membership include Access to Capital, Education and Workforce, Government Contracting and Disparity Studies, International Trade, Regulatory Reform, Taxes and Technology. 

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