the official publication of the red hook area chamber of ... · building new relationships with...

reetings and Happy New Year! 2010 was a wonderful and suc-cessful year for the Red Hook

Area Chamber of Commerce. We look forward to continuing this success, and finding even more ways to better serve our members and the local commu-nity in 2011.

We have a lot to be proud of as a Chamber for 2010. The Chamber increased it’s membership by approxi-mately 20%, welcoming in almost 50 new members. Our new members come to us from a variety of sectors—banking, health services, professional home services, fi-nancial planning and even individual members who joined the Chamber to help support their local busi-nesses. We also achieved a 25% increase in attendance at our monthly breakfast meetings. This speaks to not only the wonderful hosts and sponsors who supported these valuable networking opportunities, but also our impres-sive slate of speakers who presented a wide variety of top-ics that breakfast attendees found timely and informative. In 2010, the Chamber’s Board of Directors made a com-mitment to revitalize the Chamber and dedicated itself to building new relationships with other local groups. The Chamber collaborated with Bard College and the Rhine-beck Chamber on the Northern Dutchess Exposure — Career and Business Expo. The Chamber, along with local artists, created the Red Hook CAN group—mixing visual art, music, acting and writing into the business community. We also formed another local liaison group, Red Hook Together, in an effort to work closely with local government and interest groups to support future growth and prosperity in our area. These endeavors will continue in 2011. With our new Board of Directors, and a continued desire to expand on the successes of 2010, we see a bright future for the Red Hook Area Chamber of Commerce in 2011,and we look forward to having you join us in these plans! Best Regards, Ed Pruitt

Jan/Feb 2011

R E D H O O K A R E A C H A M B E R O F C O M M E R C E

WHAT’S

INSIDE

President’s Message

Business Spotlight

Welcome Our New Members

Events Calendar

Chamber opportunities for 2011

Many informative articles to help your

business grow!

Thank you

Rhinebeck Savings Bank for their

continued support of the chamber and providing office

space at no charge.

The Official Publication of the

Good For Business. Good For The Red Hook Area.

Message from the

Chamber President

HardscrabbleHardscrabbleHardscrabble NEWS Proudly serving the Northern Dutchess Region for 50 years

Upcoming January Event

a

Message from the Chamber President

2011 Installation Mixer

January 27, 2011

6pm—9pm

O’Leary’s Restaurant 7100 Albany Post Road Red Hook, NY 12571

The Red Hook Chamber of Commerce will hold its Annual

Installation Mixer on January 27, 2011.

Join us as President Edward Pruitt recaps the Chamber's successes in

2010 and speaks about the upcoming year for the Red Hook

Chamber.

Delicious hors d’oeuvres will be served, compliments of O'Leary's

Restaurant. Cash Bar.

Official Swearing in of the newly elected Officers of the Red Hook

Chamber of Commerce

The is a free event, but please RSVP to the Chamber at

[email protected], online at www.redhookchamber.org or call 758-

0824.

The Red Hook Chamber of Commerce will hold its Annual

Installation Mixer on January 27, 2011.

Join us as President Edward Pruitt recaps the Chamber's successes in

2010 and speaks about the upcoming year for the Red Hook

Chamber.

Delicious hors d’oeuvres will be served, compliments of O'Leary's

Restaurant. Cash Bar.

Official Swearing in of the newly elected Officers of the Red Hook

Chamber of Commerce

The is a free event, but please RSVP to the Chamber at

[email protected], online at www.redhookchamber.org or call 758-

0824.

Hardscrabble

January 27, 2011 – Installation Mixer. O'Leary's Restaurant. 7100 Albany Post Road. 6pm-8pm. Join us as President Edward Pruitt recaps the Chamber's 2010 successes and speaks about the upcoming year. We will also have the official swear-ing in of the newly elected Board of Directors. Cash Bar. Delicious hors d'oeuvres provided, compliments of O'Leary's Restaurant. This is a free event. January 26, 2011 - Ribbon Cutting at Rusty's Farm Fresh Eatery. 5 Old Farm Road. Join the Chamber and Chronogram Magazine for a special party at Rusty's. Great food, music, people and fun! Ribbon cutting 5:30pm, Chronogram Party 6pm-8:30pm. February 24, 2011 - After hours business mixer. Flatiron Restaurant. 5:30pm - 7:30pm. (Please note date change from February 2). Dick Wambach, Wambach Communications will speak about using the internet and various forms of social me-dia to enhance your business presence. We will also hear from Tania Amrod regard-ing the upcoming Chamber Membership Directory and Visitor's Guide. This is a free event. Complimentary hors d'oeuvres and cash bar. Sponsored by Chronogram Magazine. .

Chamber Events Calendar

NEWS

Officers Edward Pruitt

President Rhinebeck Savings Bank

Kevin Zulch 1st Vice President

Kevin J. Zulch Accountant Tax Consulting and Preparation

Tania Amrod 2nd Vice President

Chronogram Magazine

Sue Wilson Treasurer

York Coins

Walter Avis Recording Secretary

Acadia HR

Directors

Sean Jones Director of Business Development

Superior Wireless

Brian Strenge Director of Communications

Maha Yoga

Merisue Pozniak Executive Director

Mondello Upstate Properties LLC

7 West Market Street Red Hook, NY 12571

(845) 758-5555 www.mondelloupstateproperties.com

January/February 2011

F R I E N D S O F E L M E N D O R P H , I n c .

Join Us at the Historic Elmendorph Inn

Saturday, January 29, 2010

Soup Night, 6 pm – 8 pm

Homemade Soups, Fresh Baked Bread, Salad

$10/person, $6/child 10 & under

www.elmendorph.org

Hardscrabble NEWS

Membership

Dues

We value your

membership!

Please remember

that membership

dues for January

and February re-

newals are due.

You can expect a

notice being sent to

you in the mail. If

you have not yet

paid your dues, or

have any questions

about your mem-

bership, please call

the Chamber at

758-0824.

The Red Hook

Area Chamber of

Commerce is striv-

ing to bring our

members more

value for their

membership.

Exciting events and

benefits are on the

way and we don’t

want you to miss

out!

Renew Today!

Jennifer Fivelsdal Licensed Real Estate Broker

THINKING OF SELLING YOUR

HOME THIS YEAR?

LEARN WHY YOU SHOULD DO

THIS SOONER THAN LATER.

Get a free market trends report.

Call 845-758-6842 or email me at [email protected] Superior Professional service featuring the latest in web

advertising and social media.

http://follr.me/Fivelsdal will connect you to my websites and

social network.

162 Deer Run Road, Red Hook NY 12571 www.jfivehomes.com

Advertising

Deadline

Advertising in the

Hardscrabble News is

available to members

of the Red Hook Area

Chamber of

Commerce.

For more information

please contact us at

845-758-0824 or [email protected]

Ad deadline for next

issue is February 25.

Hardscrabble News is published to provide

news and information to the members of the

Red Hook Area Chamber of Commerce.

Hardscrabble News strives to publish a full

range of articles on Chamber events,

member news, profiles of area business and informative practical

information on running a business. We

welcome articles from members on general business topics using

their areas of expertise.

The opinions and points of view expressed in this publication are

those of the individual writers, who are

identified by name unless otherwise

indicated.


Getting Paid: The Waiting Game By Rieva Lesonsky

We all need to keep the cash flowing so we can run and grow our businesses. But, for many entrepre-neurs, money is still hard to come by. And I don’t mean investment capital; it’s become a waiting game just to collect money that’s due us. Far too many business owners have receivables they, well, haven’t received. So, how do you collect what you are owed? Call the companies that owe you money and ask when they’re planning to pay. If they can’t pay in full, try creating a payment schedule. Going forward, try incentivizing companies you do business with to pay on time. Offer a discount if they pay within 30 days. If you want and can afford it, offer a bigger discount if they pay net 15. If you’re often paid with credit cards (and then have to pay the credit card company a few percentage points), it may help your cash flow to collect more of your bills in cash. Again, you’ll need to somehow incentivize the businesses to pay this way. Just make sure whatever you give away in discounts is worth it. If your situation is more precarious and you need the money now, try factoring. Factors buy your re-ceivables and immediately give you about 80 percent of what’s owed you. They keep the remaining percentage in reserve, then give it to you—minus their fees—when the receivable is paid in full. Fees generally range from 2 to 6 percent (over 30 days), which is higher than traditional loans from banks. If the factor doesn’t receive the money within the month, most charge an additional daily fee. Worst case: If the receivable is never paid you might have to pay the factor back in full. (Check the fine print in your contract with the factor.) Some factors specialize in specific industries, while others are generalists. Do a search for factors online or check out the International Factoring Association for more information.

BizSuccessTips Editor Rieva Lesonsky is founder and president of GrowBiz Media, a content and consulting com-

pany. A nationally recognized small-business expert, Lesonsky has appeared on hundreds of radio shows and

numerous local and national television programs. Read more of her insights at SmallBizDaily.com.

Hardscrabble NEWS


he versatile accounting firm of Kevin J. Zulch has been providing service excellence with sensitivity to confidentiality and trust to our clients since 1983. Our client rate of return for repeat business has been greater than 96% since the

inception of our practice. Over the past ten years I have gath-ered a team of professionals with top-notch tax preparation, book-keeping, accounting and IT skills to help me better serve you, the

client. The goal of our accounting firm is to serve as a business resource for individuals, rental property own-ers, small businesses and the small office/home office (SOHO) market. My goal is to consistently provide you with excellent service and maintain a long and successful professional relationship with you, your family and business associates. Some of the services we provide: Individual income tax return preparation Small business setup and advice Corporate, partnership, trust and LLC preparation Reviewing a company's accounting system and recommending improvements Helping clients apply for loans and credit by gathering and preparing information required by lenders Working with clients, attorneys, and bankers on mergers, acquisitions, and expansions Accounting services Bookkeeping services Payroll services IRS & all state tax matter resolutions In an effort to better serve our local community, and as a way to stay connected with local merchants and citizens, I became more involved in the Red Hook Chamber of Commerce, first as the Treasurer and now as the 1st Vice President. I feel the Chamber is an excellent resource for local businesses to network and reach new customers. By serving on the Board of Directors, I hope to use my voice to assist the Chamber as it serves its members and the community. I also network with professionals in the related fields of insurance, retirement planning, investment consulting, mortgage banking, real estate investment and estate planning to bring you the latest and best services you expect and deserve with respect to all your financial needs. These professionals will work directly with you and interface with me at the appropriate points in time in order to provide you with a sound financial plan. I earned my Bachelors of Business Administration with a concentration in accounting from Pace University and attained advanced credits in tax and financial planning. In addition to my private practice, I was a mem-ber of the senior staff in the private sector as a tax manager and senior tax accountant for JP Morgan Chase’s Private Banking Division, NY, NY 1983-1991, Sam J. Nole, CPA, NY, NY 1987-1991 (nights and weekends during tax season) and Cravath, Swaine & Moore, Major Law Firm, NY, NY 1991-December 31, 2002

DC Studios

Dean Vallas-Studio 303

Lisa Pinto

Simplex Grinnell

TrustCo Bank

Business Spotlight Kevin J. Zulch, Tax Accountant

Welcome To Our New Members!

Looking for a new way to advertise your business? A great

way to present your business to other members is by host-

ing and/or sponsoring a Chamber event. We are currently

finalizing our 2011 Schedule of Events, and there are still

spaces open for sponsorships, location hosting and even

speaking engagements. Contact us today if you would like

to take part in these unique opportunities to showcase your

business. 758-0824 or [email protected]

Hardscrabble NEWS

Reaching Out! Did you know you can post job openings and hot deals for your busi-ness on the Chamber’s website? You can also add com-munity events, links to your own website and other personalized information.

If you haven’t already done so, log into the “member” section of our website, and ex-plore how you can reach even more individuals.

Have you visited the Chamber’s Facebook page yet? Become a fan today by clicking the “like” button on our page at www.facebook.com/pages/Red-Hook-Area-Chamber-of-Com-merce/112337522111638 or simply by searching for “Red Hook Area Chamber of Commerce” on Face-book.

Page 8

Upcoming Community Events

January 15, 2011 — Open House at Body Be Well. 7578 North Broadway. 10am—3pm. Free 30 minute demo classes from 10:30-1:00pm. Free Chair Massages, special deals on class packages and private lessons. Twiggy Stuart Trunk show, free day pass for gym. Catering by Gigi Hudson Valley. January 22, 2011—Red Hook Winter Market. 10am — 2pm. Elmendorph Inn. Featuring many local farms and foods. Fruits, vegetables, meats and milk. Specialty foods and gifts. Shop and enjoy warm foods and drink. January 30, 2011— Benefit Concert for Healing the Children. 5pm. Bardavon Opera House. The Bacon Brothers, featuring actor Kevin Bacon and his brother Michael, will perform a benefit con-cert for Healing the Children Northeast at the Bardavon Opera House in Poughkeepsie, NY. Des-serts catered by Baby Cakes. For future details, http://redhookchamber.chambermaster.com/directory/jsp/events/EventPage.jsp?ccid=349&eventid=1150.

Do you have an upcoming

event you would like to

advertise? Contact the Cham-

ber’s office. We can place the

information on our events calendar, highlight it on our

Facebook page, and even

email the information to your

fellow members. Get the most out of your Chamber

membership!

Call us at 758-0824, or email [email protected]

January/February 2011 Page 9

P.O. Box 254 Red Hook, NY 12571

Phone:845-758-0824 Fax: 845-758-0824 E-mail: [email protected]

R E D H O O K A R E A C H A M B E R O F C O M M E R C E

www.redhookchamber.org

The Red Hook Area Chamber of Commerce was established in 1960. It is operated by elected volunteer business members.

The Chamber was organized for the pur-pose of advancing the trade, commercial, industrial and civic interests of the Red Hook area.

Good For Business. Good For The Red Hook Area.

the official publication of the red hook area chamber of ... · building new relationships with...

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