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New MembersN&K CPASPROFILE: N&K CPAs will celebrate its40th anniversary in 2013. Founded in 1973with a staff of nine people, the firm hasbecome one of the largest CPA firms inthe State of Hawaii with 60 staff members,including 50 locally-based professionals,31 CPAs, and six principals. On the 2012Pacific Business News list of national andlocal CPA firms on Oahu, N&K is ranked fourth.The five major divisions in the firm are Audit Services, TaxServices, Management Consulting, Information Technology,and Administrative Services. A full-service accounting firmserving approximately 1,500 clients, N&K CPAs provideservices to clients ranging from small to large commercialbusinesses, nonprofit organizations, government entities,and individuals. Services fall into three major areas: BusinessHealth Services, Business Growth Services, and Servicesto Individuals. Business Health Services offer complianceservices, including audit, review, compilations, business taxreturn preparations, planning, information technology, andhuman resources. Business Growth Services are the specialservices performed to help clients grow and prosper, includingbusiness consulting, strategic and business planning,internal auditing, and sales coaching and training. Servicesto Individuals include individual tax return preparation andplanning, estate tax planning and preparation, and businesssuccession planning.REASON FOR JOINING HFIA: HFIA member Larry Ishiiof American Savings Bank spoke to N&K CPAs ManagingPrincipal Alton Miyashiro about joining HFIA. Since thefirm has clients in the industry, Miyashiro thought it would bea good idea to join HFIA to better serve these clients.UNIQUE TO THE COMPANY: N&K CPAs was a BestPlaces to Work awardee in 2012. The company has wonthe Hawaii Business Magazine award six times in all. Notmany companies of any type can boast perks like a massagetherapist, flexible hours, and a parking allowance. For exemplarybehavior, the accounting firm awards “N&K Bucks,”which can be redeemed for items like gift certificates. AnEmployee Appreciation week is also held with fun activities.Perks aside, what really keeps people happy is that they arenurtured to reach their full potential from the time they walkin the door, and the company has the perfect balance of helpwhen needed and flexibility to promote independence andprofessional development. Everyone has a coach or a mentor,and a buddy system gives new hires a person to teach themthe ropes. They look to hire people who have integrity, aretrustworthy and share the company’s core values. Thirtyfivepercent of the firm’s staff have been there for at least 10years. N&K was also the only CPA firm from Hawaii to berecognized in Accounting Today’s top 100 accounting firms inthe nation last year.LOCATION & SERVICE AREA: ASB Tower, 1001 BishopStreet, Suite 1700; Honolulu, Hawaii, 96813. Service area:StatewideCONTACT INFORMATION:Alton Miyashiro, Managing PrincipalDirect: 566-1320; Phone: 524-2255; Fax: 523-2090Email: amiyashiro@nkcpa.comWeb: www.nkcpa.com; Twitter: www.twitter.com/nkcpaTHE TEA CHESTPROFILE: The Tea Chest haspioneered sales of gourmet tea inHawaii since opening in 1995. Atthe time, there was no full timetea company in Hawaii servingthe needs of the industry. The TeaChest revolutionized product availabilityand selection, equipmentsupport, education, and service. In 2004, the company’sOriginal Blend Nilgiri Iced Tea was selected “Best Iced Teain America” in the first national tea tasting competitionsponsored by the U.S. Tea Association. The Tea Chest hasbeen recognized for using organic-certified, natural, andlocal ingredients in addition to its support of sustainableagricultural practices, including Fair Trade certification.The company and its products have also been featured innational publications, including Gourmet Magazine, HawaiiMagazine, and Business Week.It has always been The TeaChest’s aim to create flavorsthat distinctly representHawaii—everyday pleasurespeople grow up with in theIslands. The company selectsingredients that support thismission and even works withlocal farmers to cultivate andprocess local ingredients.Byron Goo, Blend Masterfor The Tea Chest, regularlyconducts training sessions forindustry professionals andteaches classes on specialty tea at community collegesaround the state. He is also a founding member of theHawaii Tea Society.REASON FOR JOINING HFIA: The Tea Chest is interestedin networking with people who value the people, companies,and traditions that make up the Hawaii food industry.UNIQUE TO THE COMPANY: The Tea Chest was oneof the first certified organic manufacturing companies inthe state.LOCATION & SERVICE AREA: 80 Sand Island AccessRoad #203; Honolulu, HI 96819. Service Area: StatewideCONTACT INFORMATION:Office: 808-591-9400; Fax: 808-591-9446Email: bgoo@teachest.comWeb: www.TeaChest.com, www.HawaiianNaturalTea.com,www.IslandEssenceTea.comFacebook: TeaChestHawaii; Pinterest: TeachestHI14 HAWAII RETAIL GROCER - SPRING 2013
Buy Hawaii, Give Aloha!BY JASON Y. KIMURAOn November 21, justbefore Black Friday 2012,Governor Neil Abercrombieheld a TV press conference tounveil his “Buy Hawaii, GiveAloha!” campaign to urgeresidents to buy and givelocally made products duringthe holiday season. ManyHFIA members participated inthe publicity event by bringingmade-in-Hawaii products,which covered the governor’sdesk and made his office a veritable showroom of what Hawaiientrepreneurs have to offer the world. The Buy Hawaii, GiveAloha! campaign is an initiative of the Department of Business,Economic Development & Tourism (DBEDT) BusinessDevelopment and Support Division.The Governor made his announcement amidst acornucopia of Hawaii-made products, which included:• Specialty food and gift products—many of which arefound only in Hawaii• Sporting goods, from surfboards to dive wear, andwet suits to rash guards• Cosmetics and nutraceuticals derived from Hawaii’socean and botanical resources• Agricultural products, such as candies, flowers, and coffeeOther products included casual wear and accessories,jewelry, and music CDs by local artists.The governor also announced “Buy Hawaii, Give Aloha!” initiativesto increase the export of Hawaii’s products during 2013,made possible through a grant from the U.S. Small BusinessAdministration. This included an extensive “Hawaii Pavilion” atthe January JFW International Fashion Fair, the largest fashiontrade show in Japan. In August, Hawaii will also be representedat the Hong Kong Natural Products Show, and in Septemberat the Made in Hawaii Pavilion at the Tokyo International GiftShow, the largest shows of their kind in Asia. DBEDT’s BusinessDevelopment and Support Division coordinates and plans internationalefforts, targeting food, fashion, and gift industry tradeshows primarily in Japan and Korea. Locally, an Entrepreneur’sDay at the Capitol was held on March 6 to demonstrate to legislatorsand decision-makers the importance of entrepreneurs toHawaii’s economy—and to show the faces behind the products.In addition, the governor announced that October 2013will be “Hawaii Fashion Month,” when local merchantswill be encouraged to celebrate made-in-Hawaii fashions.Finally, the governor voiced his intention to revive the“Governor’s Fashion Awards” to help stimulate the garmentand jewelry industries in Hawaii.“Buy Hawaii, Give Aloha!” partners include the U.S. SmallBusiness Administration, the Hawaii Fashion Incubator,HFIA’s Made-In-Hawaii Festival, the Hawaii Book PublishersAssociation, and the Hawaii Association of Recording Artists.HFIA Exective Director Lauren Zirbel with Made inHawaii Festival Director Amy Hammond.Governor Neil Abercrombie with a table overflowingwith products made in Hawaii.“The priority is to increase exports ofHawaii products,” emphasized DennisLing, Director of Marketing of DBEDT’sBusiness Development and SupportDivision. “The Buy Hawaii, Give Aloha!campaign is designed to establish localbuy-in.” There has to be local buy-in, says Ling, to influencethe visitor market; that is, as more local people buy andbelieve in local products, the visitor market will pick up onit. “If we continue the momentum of local brands held inhigh esteem, then it will translate into exports.”For more information on programs, business loans, andactivities, or to contact DBEDT’s Business Developmentand Support Division, visit www.invest.hawaii.gov. You canalso sign up for announcements for upcoming events andactivities on the website.HAWAII RETAIL GROCER - SPRING 2013 15
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