Professional Documents
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Business Trends - June 2015 PDF
Business Trends - June 2015 PDF
Lets play
more
than just
baseball
www.sibiztrends.com
ON THE JOB
See this months movers and shakers.
PAGE 2
SCORE
Dont start a business without a plan.
PAGE 6
TAX TALK
By TIM RONALDSON
Business Trends
PAGE 5
For the Staten Island Yankees,
the timing could not be any more
perfect.
Nostalgic Partners purchased
the Baby Bombers the Short
Season Class-A affiliate of the
New York Yankees in 2012, and
attendance at the ballpark continued to dip, dropping 44 percent
from 2009 to 2013.
A year-and-a-half ago, the team
hired Steven Violetta, a 30-year
veteran of professional sports
front offices, to take the reigns as
its new CEO to improve attendance at Richmond County Bank
Ballpark and increase the teams
visibility in the community. Violetta has helped to do that, stopping the bleeding with attendance, as he says, and building
the fan base back to previous levels.
The CEO, who has worked in
the front offices of the Detroit
Red Wings, Nashville Predators
and Pittsburgh Penguins of the
National Hockey League, and the
San Diego Padres of Major
League Baseball, was turned on
to the position with the minor
league Staten Island Yankees because of the opportunity it provided.
First and foremost, I was really intrigued with what was happlease see YANKEES, page 9
The Staten Island Economic Development Corp. hosted a seminar for members led by the NYC Comptrollers
Office outlining the ways to do business with city agencies. Pictured, from left, are Kevin Elkins of the Comptrollers Office, Laurette Steele of Neighborhood Housing Services, Paul Rotondi of Galli Engineering, Khadija
Niang of Neighborhood Housing Services, John Tardy of JVN Restoration, Michael Mistretta of Time Warner
Cable, Carra Wallace and Wendy Garcia of the Comptrollers Office and Arthur Skip Luke of Time Warner
Cable.
Business Calendar
Check out our monthly listing and
attend an event on Staten Island.
PAGE 3
on the job
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FRANK WILKINSON
Rabs Country Lanes
Frank Wilkinson, owner of
Rabs Country Lanes, has been
elected president of the United
States Bowling Congress. He has
served as USBC vice president
the last two seasons.
Wilkinson has been involved in
the sport most of his life. He
joined the USBC board as a youth
committee representative in 2010
and currently serves as the Youth
Committee chair. He was elected
to the Bowling Proprietors Association of America board in 2014
as a USBC representative and has
been a director on the National
Council of Youth Sports since
2012. He is a Youth Education
Services Committee member for
the New York State USBC and
also serves on the Staten Island
USBC board.
He has received many honors,
including the Staten Island Chapter of the American Cancer Society Distinguished Community
Service Award in 2012, and in 2013
received the NYS USBC Youth
Leaders Bridging the Gap Award
and the Staten Island Small Business of the Year award presented
by the City of New York. He recently was recognized as one of
Staten Islands Top "20 Under 40"
leaders in business by the Staten
Island Economic Development
Corporation.
The United States Bowling
Congress serves as the national
governing body of bowling as recognized by the United States
Olympic Committee.
DR. GARY REICHARD
CUNY
The CUNY Board of Trustees
Committee on Faculty, Staff, and
Administration officially
recommended the
appointment
of Dr. Gary
Reichard to
serve as the
Colleges
new provost
and senior
Reichard
vice president for academic affairs.
Reichard has a long career in
higher education, spanning a 40year period. He retired from the
California State University system after 12 years of service combined in both faculty and administrative roles. After retirement,
he held several interim provost
and vice president for academic
affairs positions through the Registry for College and University
Presidents including interim
provost and vice president for Academic Affairs at California State
University, Dominguez Hills. He
is currently finishing a term as
interim provost and vice president for academic affairs at California State University, Maritime
Academy.
In addition to California State
University, where his roles have
predominantly consisted of academic affairs administration, Re-
Business Calendar
YMCA COUNSELING
SERVICE BRUNCH
SUNDAY, JUNE 7
Location: Hilton Garden Inn
For information, call 718-227-3200
JCC GALA
TRIBUTE DINNER
SUNDAY, JUNE 7
Time: 6:00 p.m.
Location: 1466 Manor Rd.
For information, call 718-475-5200
SI CHAMBER: BUS.
AFTER HOURS
TUESDAY, JUNE 9
Time: 6:00 8:00 p.m.
Location: SI Yankees, 75 Richmond
Terr.
For information, call 718-727-1900
RICHMOND CNTY.
BANKERS ASSOC.
WEDNESDAY, JUNE 10
Location: Mikes Place, 4677 Hylan
Blvd.
For information, call 718-370-7037
Weddings
Sweet 16s
Anniversaries
Birthday Parties
Much much more!
..................................
Steve White
6 Genesee Avenue
Staten Island, NY 10308
Phone: 718.317.5025
Cell: 917.446.4029
Email: statenarts@aol.com
THURSDAY, JUNE 11
Time: 12:30 p.m.
Location: LaTourette Golf Course
For information, call 718-727-1900
JACQUES MARCHAIS
MUSEUM TIBETAN
TWILIGHT
THURSDAY, JUNE 11
Time: 6:30 9:00 p.m.
Location: 338 Lighthouse Ave.
For information, call 718-987-3500
INDEP. ASSOC.
OF ACCOUNTANTS
THURSDAY, JUNE 11
Time: 7:00 p.m.
Location: Bocelli, 1250 Hylan Blvd.
For information, call 718-948-0810
POWERFUL YOU!
(SOUTH)
THURSDAY, JUNE 11
Time: 7:00 p.m.
Location: Giulianas, 4105 Hylan
Blvd.
For information, call 718-608-1640
WEDNESDAY, JUNE 10
Time: 6:30 p.m.
Location: Bella Vita, 1919 Hylan Blvd.
MONDAY, JUNE 15
AMERICAN CANCER
SOCIETY GOLF OUTING
statenarts
Staten Arts Photography
www.statenartsphotography.com
!
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Phone: 718-354-4026
#
WEEKLY MEETINGS
Cash Is King
For small-business owners, understanding cash flow can literally be the
difference between survival and failure. In fact, Allbusiness.com listed
cash flow problems among the top 10
reasons why small businesses fail.
Simon Shkolyar, owner of The Interface Financial Group in Staten Island,
points out that
most people believe
that cash flow problems occur in businesses with slow
sales, but rapid
growth can also
trigger a cash
deficit.
There is a difference between profit
and cash flow that
small-business owners should understand, Shkolyar said. Even businesses with great sales can get into a
cash crunch waiting to get paid.
Watching the inflows and outflows of
cash in your business is a critical
management tool that small business
owners can forget.
Shkolyar offered the following tips for
business owners to keep the money
flowing properly:
Develop a cash flow statement: A
cash flow statement enables a business owner to analyze cash flow over
MONDAY
time.
Accelerate cash receivables: Provide
incentives to your customers for paying early. Accelerate the billing
process by sending out bills weekly instead of monthly.
Slow down payables: Establish trade
credit with suppliers. Negotiate longer
payment terms.
The Interface Financial Group offers a service called
invoice discounting through which
it provides cash for
a small percentage
of accounts receivable. The IFG program
allows
businesses to use
the service as often
as they would like without commitment.
To learn more about this service, call
Simon Shkolyar at 718-668-0099 for
more information.
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Become a
DOME SAVINGS
CLUB VENDOR
and reach thousands
of potential customers!
TUESDAY
Greater New Dorp Networking
Group: 8 a.m. Perkins, 1409 Hylan
Blvd. For information, call Steve
Lombardo at 718-702-8623.
SI Business Friends: 7:30 - 8:45
a.m. Hilton Garden Inn, 1100 South
Ave. For information, call Dr. Richard
Bove at 718-938-5978 or visit
www.sibfnetwork.com.
Bus. Outreach Ctr of SI/WBCLDC
Small Bus. Counseling
MWBE/BOC Capital: WBCLDC, 705
Forest Ave., 2nd Fl. By appointment
only. For info, call 718-816-4775.
Direct120.com, Ultimate Think
Tank: Lorenzos, 1100 South Ave. For
info, visit www.direct120.com.
Kiwanis Club of South Shore:
LaFontana, 2879 Amboy Rd. 7:30
p.m. For info, call 718-370-2770.
SCORE Business Counseling: S.I.
Bank & Trust, 1550 Richmond Rd. 9
a.m. to noon. No appointment necessary. No charge. For info, call 718727-1221.
Business Guild I of the S.I. Cham-
WEDNESDAY
THURSDAY
(718) 605-2500
www.domegroup.com
Now Available
ASE
FOR LE
ASE
FOR LE
ASE
FOR LE
ASE
FOR LE
718-273-3800
www.gatewayarmsrealty.com
in our opinion
or at least the last decade, Staten Island has watched as socalled outer-borough areas
with direct, relatively quick transportation links to Manhattan have
flourished. Neighborhoods that once
consisted mostly of decaying industrial buildings have been transformed
into thriving communities. Think
DUMBO, Williamsburg, and Red Hook
in Brooklyn, and Long Island City in
Queens.
Many here have rightly wondered
when something similar would occur
on Staten Islands north shore. After
all, it has all the attributes that worked
for those outer-borough hotspots. The
ferry provides a direct link to the
City. There is a wealth of land and
under-utilized real estate assets. And
rental and purchase prices are substantially lower than on comparable
sites in Manhattan.
Its been only in the last few years or
so that we have seen the placement of
building blocks that portend the type
of growth and development that has
taken place elsewhere. First and foremost, there was the finalization of
plans to redevelop the old Navy Homeport site in Stapleton. After a series of
fits and starts, the contract was ultimately awarded to Ironstate Development, the team that helped transfigure
the waterfronts of Hoboken and Jersey City.
This was followed by the announcement of the big New York Wheel and
Empire Outlets projects in St. George.
While these latest two developments
are just beginning to break ground,
Ironstates URL Staten Island, a
mixed-use Urban Ready Living environment aimed at luring young profes-
66 Willow Avenue
Staten Island, NY 10305
718-556-4200
JANET WARREN DUGO
Publisher
TIM RONALDSON
Executive Editor
STEVE COPPOLA
Director
RICHARD GRADO
Director
ROBERT CUTRONA
Director
LAWRENCE RAMPULLA
Director
DAN McDONOUGH, JR.
Chairman
ly.
And just as in-car GPSs require
regular updates, a business plan
is a work in progress. Thats because a small business should always evolve and adapt in response to national and local economic changes, new technologies,
and shifts in consumer preferences.
Abrams suggests the following
schedule for business plan reviews/updates:
Annually. A basic evaluation.
Look for changes in your target
market, areas that may need to be
reprioritized, and ways to improve the efficiency of your operations.
Every three to five years. A
Weekly Meetings
MEETINGS
Continued from page 4
WEDNESDAY
$85
at 646-823-4494.
College of S.I., Small Bus. Dev. Ctr.
Business Counseling: CSI, 2800
Victory Blvd. 9 a.m. to 5 p.m. For
info, call 718-982-2560.
Community Emergency Response
Team (CERT): 7 p.m. For info. and
locations, call John Tidona at 4487160 or portrichcert@yahoo.com.
FRIDAY
Bus. Outreach Ctr of SI/WBCLDC
Small Bus. Counseling
MWBE/BOC Capital: WBCLDC, 705
Forest Ave., 2nd Fl. By appointment
only. For info, call 718-816-4775.
SATURDAY
SCORE Business Counseling: St.
George Library, 5 Central Ave. 10
a.m. to noon. Appointment necessary. No charge. Call 718-442-8560.
SCORE Business Counseling: Richmondtown Library, 200 Clarke Ave.
10 to 11:30 a.m. Appointment necessary. For info, call 718-668-0413.
Students participating in the Chamber of Commerces Young Entrepreneur Academy went head-to-head
with some local business leaders in an event modeled on the popular television program Shark Tank,
presenting their business proposals in hopes of gaining support. Pictured are the students (back row)
and sharks (front row). Young entrepreneur Sydney Kennedy (6th from left) walked away with the top
prize.
E
LU
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0V
$8
(718)698-8244
www.apbsecurity.com
NETWORK
Improvements
ovements & Renovations
Home Impr
rovements
ove
KITCHENS BATHROOMS
FINISHED BASEMENTS
ENTS THEA
ATER
TER ROOMS
DOORS WINDOWS
CUSTOM WOOD WORKING CABINETR
TR
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Y
SHEETROCK ELECTRICAL PLUMBING
Hoteliers Lois and Richard Nicotra hosted their quarterly Employee Appreciation Luncheon. Staffers celebrated anniversaries ranging from one year to 15 years at the Nicotra-owned Hilton Garden Inn and
Hampton Inn & Suites, as well as The Nicotra Group, COMMONS caf, Lorenzo's Restaurant, Bar &
Cabaret, Above, Nicotra's Ballroom and The Corporate Park of Staten Island.
AILED
FREE DET
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ESTIMATES
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Call Bob or Da
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Licensed, Bonded & Insured Serving S.I. Over 30 Yeears
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12 BUSINESS TRENDS
On the Job
JOB
Continued from page 2
mote and preserve the richness of
the Italian cultural heritage,
while also restoring a significant
and magnificent National Historic
Landmark
Building,"
LiBassi said.
BOARD OF DIRECTORS
Historic Richmond Town
Historic Richmond Town has
appointed three new members to
its Board of Directors.
Dawn Reid-Green is the immediate past president of the Staten Island Womens Bar Association,
member of the Independent Judicial Election Qualification Commission-Second Department, and
past vice president of Jack and
Jill of America-Brooklyn Chapter. She serves as Kings County
Unit Chief with the New York
City Transit Authority where she
supervises a staff of 15 attorneys,
paralegals and interns on the
handling of pre-trial aspects of
civil litigation. Reid-Green has a
bachelors of arts degree in sociology with a concentration in
criminology and a juris doctor in
law and jurisprudence from the
State University of New York at
Buffalo.
Donna M. Scimeca is the CORE
Program and Learning Community coordinator at the College of
Staten Island.
She was the architect of the
Core for Veterans program, a restricted registration section for
military veterans. She launched
the CSI/National Park Service Internship Program in partnership
with the Education Department
at CSI and the National Park
Service.
Nicholas Mele is the principal of
Edwin Markham Middle School
(IS 51) and co-founder of the
North Shore Principals Association.
He is the primary architect of
new school wide initiatives such
as professional learning communities, advisories, response to intervention, online learning, regents classes and a new dual language magnet program.
YANKEES
Continued from page 9
land Ferry to get to the borough,
and will have to walk right past
the ballpark to get to their destination. As such, the team has reopened its ticket window in right
field now, so passersby will know
its an available attraction by the
time 2017 rolls around.
Inside the park, Violetta said
the team is building up other
parts of the ballpark with new attractions such as Craft Beer Central, which features five to six
craft beer providers, and a barbecue stand that offers fare such as
chicken and bacon in a waffle
cone.
Were not waiting for the
Wheel to get here, he said.
Were going to creep out down
that right field line, adding things
every year, so when 2017 gets
here, its like a carnival midway.
Violetta also said the team
hopes to attract international visitors to a ballgame at the park,
since they are baseball-crazed
fans as well. The Yankees are
working with the marketing team
at the Wheel to get promotional
material about the Staten Island
Yankees out to prospective visitors.
718-442-1698
Pat Silvestri, Proprietor
(718) 761-3333
Short Sales, Mortgage Modification,
Foreclosure Defense
ATTENTION!
Building Owners, Shop Keepers,
Tenants, Schools
WE WANT YOUR BUSINESS!
Commercial Lock Inc.
WE CAN HELP MEET
ADA LAW
REQUIREMENTS
718-447-7338
MEMBER
2014
Owner Sergio Plisetsky (center) cut a symbolic ribbon to celebrate the grand opening of his new business, Z Optical, on New Dorp Lane.
Business Calendar
Forest Ave.
For information, call 718-984-3294
EVENTS
CHAMBER
CAPTAINS RECEPTION
MONDAY, JUNE 15
NATL. LIGHTHOUSE
MUSEUM WHALES
& COCKTAILS
FRIDAY, JUNE 19
FREE MICROSOFT
EXCEL TRAINING
MON. & TUES., JUNE 15 & 16
Time: 6:30 p.m. 8:30 p.m.
Location: SIBOC, 705 Forest Ave.,
2nd Fl. Rear
For information, call 718-816-4775
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5-PART FREE
QUICKBOOKS TRAINING
JUNE 22, 24, 25, 29, 30
Time: 6:30 8:30 p.m.
Location: SIBOC, 705 Forest Ave.,
2nd Fl. Rear
For information, call 718-816-4775
MEALS ON WHEELS
SUMMER SOIREE
TUESDAY, JUNE 23
MONDAY, JUNE 22
TUESDAY, JUNE 16
MONDAY, JUNE 22
&! " %
" $ #
%
!!
WORLD OF WOMEN
MONDAY, JUNE 29
Time: 7:00 p.m.
Location: Mansion Grand, Mansion
Ave.
For information, call 718-948-8175
Matteo empowers
corridors, community
MATTEO
Continued from page 17