Bucks County Certified Business Directory 2012 Edition now available

The Board of Bucks County Commissioners, in conjunction with the Bucks County Business Development department, recently announced the 2012 Edition of the Bucks County Certified Business Directory is now available on the official county Web site, www.BucksCounty.org.

The directory includes information about 133 businesses located in Bucks County that have passed the rigorous certification process through the Pennsylvania Department of General Services, the Pennsylvania Unified Certification Program, and the U.S. Small Business Administration. The directory is intended for the use of organizations, local and nationwide, to help identify certified companies as may be required by government contracts or corporate supplier diversity programs.

This year, there are 113 Bucks County businesses certified by the Pennsylvania Department of General Services as a Women, Minority, and/or Veteran-Owned Business Enterprise. The Pennsylvania Unified Certification Program has certified 33 firms as a Disadvantaged Business Enterprise, and eight companies are participating in the SBA’s 8(a) Business Development Program. Additionally, 17 businesses have obtained multiple certifications.

The County of Bucks published the first directory in 2004, with a listing of 58 certified businesses. Subsequently, the county began to offer annual workshops on Doing Business with the County, State, and Federal government to educate small businesses on the benefits of selling their products and services to government agencies. In 2009, the annual Certification Made Easy workshop was added to provide training on completing the certification application.

The County of Bucks Business Development department provides business start-up assistance and helps companies sustain, expand, or enter the Bucks County market. Free services include resource provision, workshop education, and networking opportunities.

For more information about the county’s Business Development programs and offerings, visit the official county Web site, www.BucksCounty.org or contact Sonia Smith, program administrator, at 215-345-3839 or srsmith@co.bucks.pa.us.

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Considering a financial planner?

submitted by Michael Garry, CFP®, JD/MBA, Yardley Wealth Management, LLC

Working with a financial planner can help in securing your future. You should interview and evaluate several planners to find the right one for you.

Here are some important questions to ask.

What is your educational background and what experience do you have? Find out what she has studied; how long she has been practicing; and the companies with which she has been associated.

Ask her to briefly describe her work experience and how it relates to her current practice. What are your qualifications?

Ask her what qualifies her to offer financial planning advice and whether she is recognized as a CERTIFIED FINANCIAL PLANNER™ professional or CFP® practitioner.

Ask what steps she takes to stay current with the field. If she holds a designation or certification, check her background with her professional organizations.

What services do you offer? The services a financial planner offers depend on a number of factors including credentials, licenses and areas of expertise.

How will I pay for your services and how much do you typically charge? As part of your financial planning agreement, she should clearly tell you in writing how she will be paid for her services. The most common ways are fees based on an hourly rate, a flat rate, or on a percentage of your assets and/or net worth. 

Could anyone besides me benefit from your recommendations? Some business relationships or partnerships that a planner has could affect her professional judgment while working with you, inhibiting the planner from acting in your best interest – like if she sells financial products for commissions.

Have you ever been disciplined for any unlawful or unethical actions in your professional career? Can I have it in writing?

Ask the planner to provide you with a written agreement that details the services that will be provided.

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Tax tips of the month

submitted by Martin H. Abo, CPA/ABV/CVA/CFF, Abo and Company, LLC

Here are some federal tax credits to help increase your 2011 refund:  

  • The Earned Income Tax Credit is for people earning less than $49,078 from wages, self-employment or farming. Millions of workers who saw their earnings drop in 2011 may qualify for the first time. Income, age and the number of qualifying children determine the amount of the credit, which can be up to $5,751. Workers without children also may qualify.  
  • The Child and Dependent Care Credit is for expenses paid for the care of your qualifying children under age 13, or for a disabled spouse or dependent, while you work or look for work.
  • The Child Tax Credit is for people who have a qualifying child. The maximum credit is $1,000 for each qualifying child. You can claim this credit in addition to the Child and Dependent Care Credit.  
  • The Retirement Savings Contributions Credit is designed to help low-to-moderate income workers save for retirement. You may qualify if your income is below a certain limit and you contribute to an IRA or workplace retirement plan, such as a 401(k) plan. The Saver’s Credit is available in addition to any other tax savings that apply.  
  • The Nonbusiness Energy Property Credit is available to individuals for the installation of nonbusiness energy property, such as residential exterior doors and windows, insulation, heat pumps, furnaces, central air conditioners, and water heaters. There is a $500 maximum lifetime credit but it is available for qualifying expenditures made before 1/1/2012 so why not take advantage of it.

Please appreciate that a tax credit is a dollar-for-dollar reduction of taxes owed. Some tax credits are actually refundable meaning if you are eligible and claim one, you can get the rest of it in the form of a tax refund even after your tax liability has been reduced to zero.

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Lower Bucks County Chamber of Commerce Business Expo

Take a tour around the world – no passports required!

Register now to attend the Chamber’s Business Expo – Wednesday, March 28, 2012 from 3:00-7:00 p.m. at King’s Caterers on New Falls Road in Bristol, PA. This event is presented by the Exhibits Committee of the Lower Bucks County Chamber of Commerce, and sponsored by 3rd Fed • Angelmark Associates, Inc. • Lawrence Lexus • Sibley Services Inc. • Sparkle Professional Cleaning Corp. • Weidel Realtors – Anne M. Costello. This year’s theme is Take a tour around the world – each exhibit booth will have the opportunity to represent a different country.

The Chamber’s Expo is a great opportunity to visit with nearly 100 companies and network with 400 plus attendees while viewing the variety of products and services available from Chamber members.  Special giveaways for everyone who attends!  Parking is available at King’s and in the Giant parking lot across the street.

Advance reservations are requested. To reserve your place or for additional information, call the Chamber at 215-943-7400 or email chamber@lbccc.org.

Students from the Morrisville High School will attend this year’s Expo.  They will be paired up with Chamber mentors who will act as “tour guides”.  The students will have an orientation at King’s Caterers at 3:00 p.m., and then will enter the Expo with their mentors.  The mentors will introduce the students to the exhibitors and speak with them about how the exhibitor got into their particular field of work.  The purpose of this partnership is to help the students prepare for the future and teach them that successful outcomes can come out of adversity.  This was such a huge success last year for Morrisville High Schools.

The Lower Bucks County Chamber of Commerce is the largest organization promoting business in the area. Consisting of over 1500 members representing businesses and professionals, the Chamber offers a wide variety of programs and services for members. For additional information, call 215-943-7400, visit www.lbccc.org or personally at the Chamber’s offices, 409 Hood Blvd., Fairless Hills.

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Newtown Business Association celebrates 60th Anniversary

by June Portnoy

A lot has changed in Newtown over the past 60 years when the Newtown Business Association was established. For one thing, the Association was initially called the Businessman’s Association.

“All businesses were owned and operated by men at that time,” says former president, Paul Salvatore. “The majority of Newtown consisted of farmland. State Street was the hub of business, and the Association was a way for these business owners to get together.”

During the 1980s, The Businessman’s Association changed its name to the Newtown Business and Professional Association. More women were now running businesses, and professionals began coming into the area to set up their businesses.

Over the years, the Association has made many contributions to Newtown. Perhaps its biggest contribution was funding the municipal parking lot behind Isaac Newton’s and then donating it to the Borough in 1966. It also paid for and put up “Welcome to Newtown” signs around town.

Today, you can still see its last remaining sign on the corner of Sycamore Street and the 332 Bypass, directly across from Chandler Hall. This original sign dates back over 50 years.

From its inception, the Association has helped maintain State Street. It has put up its holiday decorations every year, and up until eight years ago, it paid for the upkeep of its lights and trees. It has continued to donate money to important causes in the community and to hold annual community events, such as Welcome Day (Newtown’s largest event), the Antique and Classic Car Show, the Easter Egg Hunt and the Biz Expo. Its two charitable events include its Golf Outing and its Breakfast with Santa.

On the fourth Tuesday of every month at 7:30am, it holds its Breakfast Meetings at Chandler Hall, open to members and a guest. The cost is $15 per person for breakfast. Its monthly Business Card Exchange is typically the second Wednesday of every month from 5:00pm until 7:00pm, and it’s free to the public to attend with a business card.

A major benefit to residents and Association members is its Annual Community Guidebook mailed to every home in the 18940 zip code. The Guidebook was developed eight years ago, and today is continually updated on-line. For just $175, members get their names printed in the Guidebook.

“It’s inexpensive advertising for our members in a book that has become a keepsake for residents,” says Paul.

As Newtown has continued to evolve, the Association has spent most of its recent efforts marketing the community as a great place to live, work, shop and do business.

“We host our annual events with the hope that they will draw people into our town to come and spend money here,” adds Paul.

For the Association’s 60th birthday, it has changed its name to the Newtown Business Association.

“Even though more than half of our members are professionals, we believe our new name is easier to say and remember,” says Mick Petrucci, current president. “That’s why we shortened it.”

The Association has created a new logo with its new name. It has also invested a lot of time and money creating a new Web site (www.newtownba.org), also to celebrate its 60th anniversary. The Web site’s many new features will be up and running sometime in March.

“We are already getting thousands of hits every month, and all members are directly linked to our Web site,” says Mick.

One of the highlights of the new Web site is its community calender of events. Thanks to the site, if you want to register for one of the Association’s events, you will soon be able to register on-line, instead of the hassle of mailing or faxing your registration form, as you’ve done in the past.

The Newtown Business Association currently has 240 active members.

“We are proud to be one of the largest non-chamber business associations in the entire region,” says Mick.

So what’s in store for the future? Paul sees the Association growing to accommodate the expanded businesses in Newtown and doing more cross-promotions with other associations in town. Newtown is not the same community it was 60 years ago when farmers were shopping here.  Today, approximately 20,000 people live in this community.

“It’s our goal to encourage people to shop locally and support our services,” says Paul. “This is what will keep our businesses thriving and growing into the future.”

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6th Annual Women’s Business Forum IDEAS Conference and Expo

Join the Women’s Business Forum for the 6th annual IDEAS Conference & Expo on March 28th at Spring Mill Manor in Ivyland, PA from 8:30 AM to 4:00 PM. Hundreds of local business women will mix and match sessions from three tracks designed to educate, mentor and inspire attendees to build and sustain a viable business –the mission of the Women’s Business ForumTM.

This year’s schedule offers three informative breakout sessions as well as networking/vendor time and a luncheon featuring chef, author and humorist Amy Casale.

Session topics and speakers include:

Educate:

  • Protect Your Data and Your Future—Jeff McHugh
  • Market Better-Get Your Emails Opened—Dave Yunghans
  • Be a Star: Use Webinars and Video Marketing—Rick Toone
  • Share Your Expertise and Publish that Book—Esther Hughes
  • Think Strategically About Your Social Media—Furia Rubel Communications
  • Get Your Product to Market—Colleen Bronstein, Wendy Howard
  • Unravel the Mystery of  Trademarks and Copyrights—Liz Krizman
  • Network for Your Business—John Hadley

Mentor:

  • Handle Those Client Challenges—Christina Tinari, Peace Praxis
  • Build Your Business to the Next Level—Karyn Greenstreet
  • Use Your Numbers to Increase Your Bottom Line—Cindy Bergvall
  • Learn From the Fabulous Failures of Others—Joani Reisen, Kim Rudolph Cunningham

Inspire:

  • Build for the Greater Good: Be a Social Entrepreneur—Phyllis Jabonsoki
  • Hold Yourself Accountable and Grow—Cheyenne Mease
  • Think Strategically-Plan to Succeed Big—Yoon Cannon
  • “Charizma”: How  it Can Help Your Business Boom—Chanin Walsh
  • Handle Those Client Challenges—Christina Tinari, Peace Praxis

Registration for this exciting event is now open. Ticket prices are $25 for paid WBF members and $45 for non-members. Cost includes access to all events and lunch. Vendor space and sponsorship opportunities are also available. To register, visit http://wbfideasexpo.eventbrite.com, or go to http://www.womensbusinessforum.org/business-builders/wbf-ideas-conference-and-expo/ for more information. Join us at the WBF’s IDEAS Conference and Expo to learn, explore, network and leave jazzed for your future business success!

The Women’s Business Forum™ (www.WomensBusinessForum.org, 267.337.6073) is a nonprofit organization that educates, mentors and inspires women to build and sustain successful businesses. It offers free group meetings and Mastermind sessions, special educational sessions throughout the year, one-on-one mentoring opportunities and other valuable business resources.

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March Breakfast Meeting of the NBA

The Newtown Business Association will hold its March Membership Breakfast on Tuesday, March 27, 2012 at 7:30 AM at Chandler Hall, 99 Barclay Street, Newtown.     

The guest speaker will be Debbie Moscovitz from the Council Rock Coalition for Healthy Youth. CRCHY is a group of community leaders representing education, law enforcement, business, parents, students, religious organizations, etc. The goal is to help students  make smart life decisions relating to drugs, alcohol, tobacco, bullying, texting while driving, etc.  Debbie will open quite a few eyes with the stories.  Come visit with business colleagues and hear the latest NBA news.   

Members and guests are welcome. Go to the NBA website at www.newtownbpa.org to register for the meeting and for membership information; the cost of breakfast is $15.

The mission of the NBA is to promote Newtown as a great place to live, work, shop and do business, thereby enhancing the economic vitality of the community for member businesses through networking, education, community involvement and coop advertising opportunities.

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CB Chamber’s Business Cares Committee makes donation to Child, Home & Community

CB Chamber

 

The Central Bucks Chamber’s Business Cares Committee recently made a generous donation of $1,135 to Child, Home & Community to benefit the agency’s young clients and their babies who live in Bucks County.

The C.B. Chamber of Commerce developed Business Cares to enrich the lives of people in need, especially during the holiday season. Business Cares is an independent non-profit foundation that receives its funding primarily, but not exclusively, from C.B. Chamber members. Robert & Joyce Byers initiated the concept and generously provided seed money in 1988. 

Pictured are Beth Styer, Executive Director of Child, Home & Community, and Linda Plank, President of Business Cares.

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Central Bucks Rotary donation

CB Rotary

 

The Central Bucks Rotary recently donated $2,330 to support Family Service Association programs that help over 6,000 children, teens, adults, and seniors in Bucks County each year. The money was raised from their Holiday Charity Event held in Doylestown in December. 

Rotary member Court Ebeling presents the check to Family Service CEO Audrey Tucker and David Ford, FSA Director of Development. 

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Tax season presents opportunities to help Pennsylvania military families

Individuals filing their 2011 Pennsylvania personal income taxes can help the state’s military personnel and their families by donating part or all of their refund to the Military Family Relief Assistance Program, Rep. Scott Petri (R-Bucks) announced recently.

The program provides grants of up to $3,500 to Pennsylvania members of the armed forces and their families who have a direct and immediate financial need as a result of military service. The tax form includes instructions on how to donate. The grants have helped service members cover mortgage, utility, medical and other associated cost-of-living expenses. 

Since the program began in 2006, nearly $1 million has been donated by individuals filing their Pennsylvania personal income tax returns.

Members of the armed forces who are residents of Pennsylvania are eligible to apply for assistance while they are serving on active duty for 30 or more consecutive days with the Army; Army Reserve; Navy; Navy Reserve; Air Force; Air Force Reserve; Marine Corps; Marine Corps Reserve; Coast Guard; Coast Guard Reserve; or the Pennsylvania Army or Air National Guard.

In addition, reserve component service members, including those in the Pennsylvania National Guard, and their families may be eligible for a grant for a period of up to one year after release from a qualifying tour of active duty. Certain family members of eligible servicemen and women who are Pennsylvania residents are also eligible to apply if applicants show their need for assistance is directly related to active military service.

For more information about this program, visit www.RepPetri.com.

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