COVERS Fall 2011_Layout 1 - City of Plantation
COVERS Fall 2011_Layout 1 - City of Plantation
COVERS Fall 2011_Layout 1 - City of Plantation
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<strong>Plantation</strong> Business ACCESS TO CAPITAL<br />
Small Business Saturday<br />
MARK THE DATE:<br />
NOVEMBER 26, <strong>2011</strong><br />
As you plan your calendar for <strong>2011</strong> make sure you<br />
mark a day for shopping and celebrating “Small Business<br />
Saturday.” This year, Small Business Saturday is<br />
November 26, <strong>2011</strong>. The Saturday following black Friday<br />
is nationally recognized as a day to shop locally, putting<br />
your hard earned money back into the community by<br />
shopping at local stores and restaurants.<br />
HERE ARE A FEW FACTS ABOUT OUR LOCAL<br />
BUSINESS ECONOMY:<br />
The <strong>City</strong> <strong>of</strong> <strong>Plantation</strong>, in conjunction with the Greater <strong>Plantation</strong> Chamber <strong>of</strong><br />
Commerce, Government Affairs and Economic Development Committee,<br />
conducted a banking consortium for all local businesses, entitled “Access to<br />
Capital.” The meeting, held on April 28 featured presentations from eight lending<br />
banks or agencies: AmTrust Bank, Citibank, Community Bank <strong>of</strong> Broward,<br />
Morgan Stanley Smith Barney, Regions Bank, Broward County Office <strong>of</strong> Economic<br />
Development and Small Business, Metro Broward Economic Development<br />
Corporation, and South Florida Regional Planning Council. The presenters<br />
explained to the audience in detail the methods <strong>of</strong> getting loans and financing for<br />
business ventures, capital and operations. Approximately 50 different businesses<br />
were in attendance and all walked away with information about doing business.<br />
More events like this will be <strong>of</strong>fered by the <strong>City</strong>. Check the <strong>City</strong>’s website site for<br />
upcoming events. We hope to see you there. If you would like to be notified about<br />
future events, contact Charity Good, Economic Development Coordinator, at 954-<br />
797-2768 or cgood@<strong>Plantation</strong>.org.<br />
v For every $100 spent at a local business, $68<br />
is re-spent back into the community.<br />
v Employees <strong>of</strong> small businesses make up<br />
one-half <strong>of</strong> the private sector employees.<br />
v Small businesses represent 99.7% <strong>of</strong> all<br />
employer firms.<br />
CHANGE THE TIME<br />
CHANGE THE BATTERIES<br />
When you change your clocks, remember<br />
it’s time to change the batteries<br />
in your fire detectors.<br />
SMALL BUSINESS WORKSHOP I<br />
According to Dun & Bradstreet (The State <strong>of</strong> Small Businesses Post<br />
Great Recession, May <strong>2011</strong>), “Small businesses and entrepreneurs are<br />
driving innovation and job creation in today’s recovering economy.”<br />
In the <strong>City</strong> <strong>of</strong> <strong>Plantation</strong>, we have slightly over 5,000 businesses, <strong>of</strong><br />
which 98 percent are small to medium size businesses. The State <strong>of</strong><br />
Florida has over 23 million small businesses that employ almost 81<br />
million people. Needless to say, it is the small to medium size businesses<br />
within <strong>Plantation</strong>, as well as throughout the State, that are stimulating the<br />
economy by <strong>of</strong>fering products and services to enable us to enjoy a<br />
quality lifestyle. Since these businesses play such an important role in<br />
<strong>Plantation</strong>’s economy, the <strong>City</strong> has been <strong>of</strong>fering a series <strong>of</strong> workshops<br />
which provide education and technical assistance to businesses.<br />
In June, the <strong>City</strong> <strong>of</strong> <strong>Plantation</strong> in conjunction with the Greater<br />
<strong>Plantation</strong> Chamber <strong>of</strong> Commerce, Government Affairs and Economic<br />
Development Committee, conducted a “Small Business Workshop.” The<br />
meeting involved presentations from eight businesses or agencies: Action<br />
Promotional Specialists, Broward College, <strong>City</strong> <strong>of</strong> <strong>Plantation</strong>, Broward<br />
County Office <strong>of</strong> Economic Development and Small Business, Evan J.<br />
Gonshak and Michael Wild Esquires, Memorial Healthcare System,<br />
Metro Broward Economic Development Corporation, and Work Force<br />
One.<br />
A BIG SUCCESS<br />
The presenters<br />
explained to the<br />
audience about<br />
various programs<br />
and assistance<br />
available for<br />
businesses, as well<br />
as how to do business with their<br />
company or agency. Opportunities were<br />
provided to businesses to become<br />
vendors for the <strong>City</strong> <strong>of</strong> <strong>Plantation</strong>,<br />
Broward County and Memorial<br />
Hospitals, learn about marketing their<br />
businesses by Action Promotional<br />
Specialists, and much more. Nearly 100<br />
business representatives were in attendance<br />
and all walked away with more<br />
knowledge and information about doing<br />
business in <strong>Plantation</strong>.<br />
14 <strong>Plantation</strong> Quarterly <strong>Fall</strong> <strong>2011</strong>