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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>

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