Winter 2013 - Elmwood Business Association

elmwood business association
In the Know
Winter
2013
From our
PRESIDENT
Upcoming Events
Dear Elmwood Business Association Members,
January 21, 2014
I would like to thank you for your continued support for
the Elmwood Business Association. We know how much
time and energy that work and life demands and we
deeply appreciate all of your efforts to make the EBA
a success. I can always count on our Board members
to go that extra mile and I appreciate the efforts of our
members to support our mission to protect, promote and
encourage the businesses located within the Elmwood
Business Park and their partners. If you would like to
get more involved, below are our committees that could
use your assistance:
State of the Parish
Breakfast
The Rose Garden
7:30 am – 9:00 am*
Guest Speaker:
Parish President, John Young
February 18, 2014
Luncheon
11:30 am – 1:00 pm*
Details TBA
March 18, 2014
11th Annual Taste
of Elmwood
Elmwood Self Storage
11:30 am – 1:00 pm
$15 Admission
How To RSVP
RSVP: elmwoodba.org
Barbara Barach
504-733-8900
*Members $28 with RSVP
Non-Members/Non RSVP $38
No shows will be billed.
Check Upcoming Events
for date and location
at www.elmwoodba.org
In This Issue
EBA Board Members
3
Membership Application
3
January Luncheon
4
Rebalancing Your Portfolio 7
1) Governmental Committee Focus: Infrastructure, Land Use,
Taxing & Legislation
Calling for 2014
Newsletter Advertisers
7
2) Communications Committee Focus: Newsletter & Membership
Notices
Employee Benefits-Post
HealthCare Reform
8
3) Membership Committee Focus: Member Recruiting & Retention
4) Social Committee Focus: Monthly Meetings, Special Events &
Crawfish Boil
2013 was a great year for us. We enjoyed excellent luncheon speakers,
record attendance at the Taste of Elmwood and, most importantly, we
continued our direction of developing a solid culture of service, support, and
recognition to our Association members and needs. Now, we have a simple goal for 2014: Stay focused, follow our vision, and
continue with the great events that inform our members. We have committed
ourselves to never lose sight of what we are trying to achieve. We will
continue to focus our energy and attention on our vision of making Elmwood a
great place to do business.
Dig in Elmwood
11
28th Annual Elmwood
Classic Race
12
JEDCO Challenge:
Second Annual Pitch
Competition For Jefferson
Parish Startups
13
EBA is putting the Park back in Elmwood.
Let’s welcome 2014, we’ve all earned it!
Happy New Year!
Debbie Borrello
President, EBA 2013-2014
PLEASE VISIT OUR WEBSITE FOR ADDITIONAL INFORMATION
www.elmwoodba.org
2
elmwood business association
Not a Member?
Join Now & Reap Rewards!
ELMWOOD BUSINESS
ASSOCIATION
Officers and Board of Directors
2013-2014
- NEW Member
Application
Debbie Borello
President
Cort Furniture
(504) 733-8381
Lisa George
Past President
Magnolia Physical Therapy
(504) 733-0254
Brandi Milliet
Secretary
1st Lake Properties
504.455.5059
Sidney Abusch
Treasurer
Cellution Wellness Center
504.818.0510
Kenny Bertucci
Bertucci & Labiche
504.733-3933
Margaret Heffner
Gary Hauser Press, LLC
504.733.2023
Kristi Istre
Louisiana Coca-Cola Btlg.
504.818.7309
Donna Casadaban Lowe
Harry Kelleher & Co, Inc.
504.828.0400
Christian Rooney
Flooring Depot/Com. Floor.
504.733.8188
Barbara Barach
Executive Director
504.733.8900
First Name
Last Name
Email Address
Primary Contact Title
Company
Phone Number
Street Address
CityStateZip
Facebook
Twitter
LinkedIn
Is your business located within the Elmwood Area?
q Yes
q No
TYPE OF INDUSTRY
q Advertising & Media
q Arts, Culture & Entertainment
q Automotive, Marine & Aviation
q Business & Professional Services
q Computers & Telecommunications
q q Construction Supplies, Equipment & Services
q Entertainment
q Family, Community & Civic Organizations
q Financial & Banking Services
q Government, Education & Individuals
q Health Care
q Home, Garden & Landscape Services
q Industrial Supplies & Services
q Insurance
# of Local Employees
q
q
q
q
q
q
q
q
q
q
q
q
Legal
Lodging & Travel
Manufacturing, Production & Wholesale
Personal Services & Care
Pets & Veterinary
Public Utilities & Environment
Real Estate, Moving & Storage
Religious Organizations
Restaurants, Food & Beverages
Shopping & Specialty Retail
Sports & Recreation
Transportation
Age of Company (in years)
Name of Building in Business Park (if applicable)
Please check all committees you are interested in participating in:
q
q
q
q
q
Government: Infrastructure, Land Use, Taxing & Legislative Issues
Communications: Newsletter, Website, Memberhsip notices
Membership: Retention, Recruitment, New Member Introduction
Social: Luncheons, Speakers, Special Events
Other Participation Interests: Please list below
Memberships $125/year*
Enroll online at www.elmwoodba.org
*Additional dues may apply for multiple business representatives.
Mail to: Elmwood Business Park
P.O. Box 23642 • Elmwood, Louisiana 70183
3
STATE OF THE PARISH UPDATE
Breakfast Meeting
Tuesday, January 21, 2014
7:30 am to 9:00 am
Guest speaker: Parish President,
John Young
Start the new year off with a State of the Parish Update
and get the latest news from our Parish President.
We look forward to seeing you all there!
Members $28 –
Non Members-Walk-Ins $38
THE ROSE GARDEN
5616 Citrus Blvd.
Elmwood, LA 70123
*no shows will be billed
You can now R.S.V.P. & Pay Online
on our website: elmwoodba.org
(Click on the event under
Upcoming Events)
Or contact Barbara Barach at
733-8900 or
[email protected]
Bring a Door Prize to promote
your business!
Save the Date
Sample many delectable dishes served by
restaurants in the Elmwood area.
Great food, Great music, Great door prizes
Food Vendors
Reserve your place by 3/1/14
(1 Table top provided at no charge)
Get exposure to businesses
in the Elmwood Area!
11th Annual
Taste of Elmwood
Tuesday, March 18, 2014
11:30 to 1:00 pm
$15 Admission
Location: Elmwood Self Storage
Want to Sponsor?
If interested in sponsoring or donating,
Contact us by 3/1/14 to be included in promos
Bring a Door Prize & Promote
Your Business!
4
Vendors and Sponsors:
For more information contact
Lisa George at [email protected]
elmwood business association
Your neighborhood bank
.is closer than you think.
Use our mobile
banking now with
mobile deposit on
your smart phone.
Matthew Wolf, VP Commercial Lending; Anthony Bridges, AVP Branch Manager; Zina James, Mortgage Loan Officer
Our full service financial team in Elmwood is fast and flexible.
We offer Free Business and Totally Free Personal Checking
accounts with competitive lending rates.
We have a location close to you:
5360 Mounes Street at Elmwood Park Blvd. in Harahan.
First Bank and Trust is your local bank – founded in New Orleans and serving Southeast
Louisiana and the Mississippi Gulf Coast with sound financial advice and competitive lending
rates since 1991. Stop by and talk to a friendly First Bank and Trust banker. You’ll understand
why locals trust First Bank and Trust.
Your Goals Come First.
5360 Mounes Street at Elmwood Blvd. in Harahan
504-586-2700
www.FBTonline.com
© 2013 First Bank and Trust, A First Trust Company. Normal credit qualifications apply.
www.elmwoodba.org5
LOCATIONS
OVER
OVER
70
GREAT
9,500
QUALITY
APARTMENTS
Check Out Our
Elmwood (River Ridge) Communities
Chestnut Creek
504.734.2939
Citrus Creek East
504.733.3306
Citrus Creek West
504.734.3366
Clearwater Creek
504.734.0074
chestnutcreek.1stlake.com
citruscreekeast.1stlake.com
citruscreekwest.1stlake.com
clearwatercreek.1stlake.com
1 & 2 Bedrooms
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$955
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$965
Cypress Creek
504.733.6858
Hickory Creek
504.734.9788
Magnolia Creek
504.733.5422
Oak Creek
504.733.8244
cypresscreek.1stlake.com
hickorycreek.1stlake.com
magnoliacreek.1stlake.com
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1 & 2 Bedrooms
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visit us online:
1 & 2 Bedrooms
1 & 2 Bedrooms
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1 & 2 Bedrooms
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$880
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Palmetto Creek
504.733.7256
Sawmill Creek
504.734.1071
Walnut Creek
504.733.6501
Willow Creek
504.736.0173
palmettocreek.1stlake.com
sawmillcreek.1stlake.com
walnutcreek.1stlake.com
willowcreek.1stlake.com
1 & 2 Bedrooms
Starting at
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1 & 2 Bedrooms
Starting at
$730
Studio, 1 & 2 Bedrooms
Starting at
$615
1 & 2 Bedrooms
Starting at
$730
Involvement: We connect
vision with opportunity.
“We looked at five parishes as possible
locations for our business. JEDCO was
first to respond, and they also helped
with meeting space, staff involvement,
and discussions with area businesses.
They really made the difference.”
—Dr. Laney Chouest, NOLA
Motorsports
Your vision goes into overdrive when we get involved.
We’ll steer you to prime sites, facilities, business
contacts, financing, data, and marketing expertise.
Look to the future. We’re making it happen.
Jefferson Parish Economic Development Commission
6
JEDCO.org |or504.875.3908
504.875.3908
elmwood business association
Rebalancing Your Portfolio
Everyone loves a winner. If an investment is
varying returns, over time the portfolio may bear
assets. Ironically, this type of rebalancing actually
successful, most people naturally want to stick
little resemblance to its original allocation.
forces you to buy low and sell high.
How Rebalancing Works
Periodically rebalancing your portfolio to match
It may sound counter intuitive, but it may be
Rebalancing is the process of restoring a portfolio
your desired risk tolerance is a sound practice
possible to have too much of a good thing. Over
to its original risk profile.
regardless of the market conditions. A great
time, the performance of different investments
There are two ways to rebalance a portfolio.
approach is to set a specific time each year to
with it. But is that the best approach?
can shift a portfolio’s intent — and its risk profile.
schedule an appointment to review your portfolio
It’s a phenomenon sometimes referred to as “risk
The first is to use new money. When adding
creep,” and it happens when a portfolio has its
money to a portfolio, allocate these new funds
risk profile shift over time.
to those assets or asset classes that have fallen.
Remember, stick to your plan. Renowned Investor,
For example, if bonds have fallen from 40%
Sir John Templeton, once said, “The four most
When deciding how to allocate investments,
of a portfolio to 30%, consider purchasing
expensive words in the English language are,
many start by taking into account their time
enough bonds to return them to their original
‘This time it’s different.”
horizon, risk tolerance, and specific goals.
40% allocation. Diversification is an investment
.
Next, individual investments are selected that
principle designed to manage risk. However,
pursue the overall objective. If all the investments
diversification does not guarantee against a loss.
selected had the same return, that balance
— that allocation — would remain steady for
The second way of rebalancing is to sell enough
a period of time. But if the investments have
of the “winners” to buy more underperforming
and determine if adjustments are appropriate.
Article Submitted By:
BERTUCCI & LABICHE, WEALTH MANAGEMENT, L.L.C.
www.lpl.com/bl
2030 Dickory Ave., Ste. 102 • Elmwood, LA 70123
www.elmwoodba.org7
Employee BenefitsPost HealthCare Reform
So 2014 has arrived and with it, the centerpiece of HealthCare
Defining Contributions in Health Care
Reform, the “MarketPlace” or Federally Facilitated Exchange has
The new approach many employers are embracing is a “Defined
opened for business. Yes, the launch was problematic, and clearly
Contribution” approach. An employer defines a contribution toward
it fell well short of the optimistic enrollment expectations. But really,
the cost of coverage and provides an employee with the option to
what does all of that mean to you Corporate America?
enroll on a “Corporate Exchange”. Typically, they will be able to
Shifting Sands
choose from 4 different benefit levels (Bronze, Silver, Gold, and
Platinum) from several different carriers. I had a total of 12 health
For decades, employers have provided mostly one size fits all health
plan choices this past year. The employer contributes the same no
care for employees. They have also paid the lion share of the cost
matter which plan the employee selects.
of coverage. Coverage that didn’t require the employees to do
anything but use the coverage as needed, with no consequence
Focus on Personal Responsibility
for using less or more. Not surprisingly, as we continued down the
Our great nation was built on individual responsibility. HealthCare
path of poor health with little financial consequence, the costs of
Reform will move us more toward Personal Responsibility for our
providing coverage has gone up at an unsustainable pace. Costs
health and welfare. We will pay more for the 90-100% coverage
were up 52% from 2006 to 2012!
we came to expect with the “Defined Benefit” approach. Most
Lessons from Retirement
Americans have a smaller deductible for health care than we do
for our car insurance! As HealthCare Reform moves forward, many
Starting in the 80s, Corporate America started shifting from the
of us will be expected to pay more when accessing health care.
“Defined Benefit” approach (Pension) to “Defined Contribution”
Maybe, we will assume more personal responsibility for taking
style plans (401k) for retirement. It has taken several decades, but
better care of ourselves along the way!
the old school pension plans most of our parents benefitted from,
have gone the way of dinosaurs. Very few corporations still maintain
Denny Ebersole, Producer
pension plans for retirees, those that still do typically have closed
AONHewitt I Health & Benefits
them to new employees and are winding them down. Most federal,
639 Loyola Avenue, Suite 2560
state and local governments continue to provide and struggle with
New Orleans, LA 70113
sustaining the costs of pension plans.
Aon Risk Services Southwest Inc.
www.linkedin.com/in/dennyebersole
8
elmwood business association
Your bank accounts – and the bankers behind them –
should add value to your business.
By providing quick solutions and useful online tools
and mobile banking tools, we help you spend less
time banking and more time doing the things you
do best.
Contact us today to see what banking tools we can
bring to your business.
Jimmy Baum, Sr. Business Banker
5400 Mounes Avenue | Harahan, LA 70123
504-533-3506
[email protected]
Products and services are offered by Capital One, N.A.,
www.elmwoodba.orgXX
Member FDIC. ©2012 Capital One. All rights reserved.
!
NEW
receive 10% off your next
catering order
la Madeleine Country French Café – Elmwood
5171 Citrus Blvd, Suite 2000 Harahan, LA 70123
504/818-2451 ask for catering specialist
lamadeleine.com/catering
mention coupon code ewba13 when speaking with catering specialist.
offer expires 12/31/2013. valid only at la Madeleine Elmwood.
© 2013 La Madeleine de Corps, Inc.
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1130 S. Clearview Parkway
Elmwood, LA 70123
(504) 736-5037
© 2013 Kahala Franchising, L.L.C. COLD STONE CREAMERY
and the MEDALLION design are registered trademarks
of Kahala Franchising, L.L.C. or its licensors.
FOR ADVERTISING INFORMATION PLEASE VISIT www.elmwoodba.org
www.elmwoodba.org11
www.elmwoodba.org13
Announcing the 28th Annual Elmwood Classic Race
Sunday, January 26, 2014
Yes, Elmwood Business members it is that time of
the year again to prepare for the Elmwood Classic Race.
As you know, the Elmwood Classic Race is the oldest
and one of the largest races in Jefferson Parish and has
always been located within the Elmwood Business Park
and sponsored by many of the businesses in the Park.
The Elmwood Business Association is a proud sponsor
and supporter of this event.
The Elmwood Classic Race is organized by the
Rotary Club of Harahan with all proceeds to benefit the
Harahan Memorial Scholarship Foundation, a non-profit
corporation established to provide college scholarships to
needy and qualified East Jefferson Parish students. Each
year the Foundation awards scholarships worth $12,000
to Jefferson Parish students based on financial needs and
scholastic ability. Often our recipients have stated that this
is their only means and opportunity to attend college.
This is the 28th year of the race and is scheduled
for Sunday, January 26, 2014. We hope that everyone
can come out and join us on race day. There is a ½ mile
walk, a 5K and a 10K walk/run. There is something
for everyone. After the race, there will be a great party
with a DJ, a live band and many food and beverage
items. Some featured items have included: coca-cola
products, Miller beer, Kentwood water, fried catfish, fried
Oreo cookies, red beans & rice, Jambalaya, chips, and
fresh fruits. Registrations can be made at nolarunning.
com. Colorful long sleeve t-shirts will be given out to all
participants.
This race/walk is a good way to promote running and
healthy activity and to enjoy a Sunday morning event with
your friends, family and co-workers. So mark the date on
your calendar and come out and join the fun.
Also, anyone interested in assisting in sponsoring
the race can call Randy Martin at 504-737-5126 or by
email at [email protected].
Randy Martin, Race Chairman and Race
Founder
12
Elmwood Classic Past Scholarships Recipients
(l to r) Stavros Stratis (Grace King), Laura
Mitchell (Chapelle), Alexa Davis (Chapelle),
Zachary Cavanaugh (John Curtis)
(l to r) Brooke Lopez (East Jefferson), Roger
Freibert (Rummel), Amanda Lee (East
Jefferson), Jeremy Labiche (Ecole Classique),
Alexandra Sandoz (Ecole Classique)
elmwood business association
JEDCO Launches Second Annual Pitch Competition
for Jefferson Parish Startups
Billy Bosch of Be Well Nutrition, Inc. walked away from the entrepreneur competition in 2013
with a prize package valued at more than $50,000 in direct capital and in-kind services.
Do you have a big idea you’ve been dying to share? Are
you the owner of an early-stage startup in need of funding or
business services? The Jefferson Parish Economic Development
Commission (JEDCO) wants you!
and growing. Sponsors include Gambel Communications,
the Jefferson Chamber, MMI Culinary Services, Cordina
New Orleans Cocktails, Baker Donelson, Ardyn Thriffily and
Associates, a Journey to Success and Compucast Web Media.
JEDCO, in partnership with the Jefferson Chamber and Idea
Village, recently announced plans to hold its second annual pitch
competition for entrepreneurs living and working in Jefferson
Parish. The competition began after Elmwood business, Cordina
New Orleans Cocktails, issued a challenge to host an event for
entrepreneurs in 2013. The pitch competition was so successful
last year, JEDCO decided to host it again.
JEDCO is looking for entrepreneurs with unique ideas that have
the high potential to grow and positively impact Jefferson Parish.
They must meet the following criteria to be eligible:
Held during New Orleans Entrepreneur Week, a startup
celebration spearheaded by the Idea Village, the JEDCO
Challenge offers big opportunities for early-stage companies in
the area. It provides a platform for entrepreneurs to pitch their
business ideas in front of a panel of Jefferson Parish business
leaders.
Finalists will be judged on a seven-minute pitch and a business
plan, which must be submitted in advance of the competition. The
winning pitch receives a prize package of in-kind services and
capital to help grow the company in Jefferson. At the beginning
of January, the prize package was worth more than $20,000
• Must live, work or have a strong
presence (target market) in Jefferson
Parish
• Must generate less than $1 million in
revenue
• Must have fewer than 10 employees
• Must be a for-profit company
Applicants will be narrowed down through a rigorous review
process. Finalists will be chosen at the end of February with
one month for pitch preparation and business plan assistance.
The deadline to apply is February 7th. Visit JEDCO’s website at
www.jedco.org for details and to apply. If you have questions,
call Kelsey Scram at (504) 875-3927 or email her at kscram@
jedco.org.
www.elmwoodba.org13
Deeply rooted in
Southeast Louisiana.
In Southeast Louisiana, industrial
real estate clients depend upon one
outstanding firm: The Industrial Group.
The Industrial Group, LLC is a full service industrial real estate brokerage
and leasing company with a focus primarily in Southeast Louisiana. We
regularly handle all types of industrial real estate assignments: let’s just
say we’ve been around the block, and we know what you need. We’re
able to rise above the industry in southeast Louisiana due to our special
market and product knowledge, trends awareness and end users familiarity. If we can assist you, please contact Randall Walker, SIOR today.
LEASING
TENANT REPRESENTATION
BROKERAGE
Licensed by the Louisiana Real Estate Commission
Licensed by the Mississippi Real Estate Commission
Licensed by the Louisiana State Licensing Board of Contractors
1504 L&A Road, New Orleans, LA 70001, USA | Tel (504) 832-8012 | Fax (504) 832-8014
14
www.igreal.com
elmwood business association
JEFFERSON BUSINESS CENTER
520/524 Elmwood Park Blvd., Jefferson, LA 70123
OFFICE/WAREHOUSE/
.f.
1,063 s
0,000
1
o
t
p
u
s.f.
Grade L
evel & D
oc
k High L
Suite
100
115*
135*
160
250
Prime
Locat
i on
oading
Total s.f. Office s.f. Warehouse s.f.
5,977
1,063
2,730
8,162
10,000
4,558
1,063
2,730
5,847
6,046
1,419
----2,315
3.954
*Suites can be combined for a total of 3,793 s.f.
IMMEDIATELY AVAILABLE FOR LEASE
22’ Clear Height  Flexible Floor Plans  Grade Level and Dock High Loading
Class ‘A’ Business Environment  Easily accessible to CBD and Westbank
Sealy and Company  150 James Drive East, Suite 140, St. Rose, LA 70087
Jennifer A. Lee, CCIM, SIOR  504.463.5600  [email protected]
elmwood
business
association
PO Box 23642
Elmwood Business Park
Elmwood, LA 70183
The Elmwood Business Newsletter is published quarterly by the Elmwood Business Association. The views expressed herein do not
necessarily reflect the views of the Elmwood Business Association or of its Board of Directors. Any official positions taken by the
Association will be specifically identified as such. Articles, letters to the editor, news releases, and ads are welcome. Send copy to:
The Elmwood Business Newsletter, P.O. Box 23642, Elmwood, LA 70183 or call the EBA office at 733-8900. Please include your
telephone number. For more information about the EBA please visit our website at www.elmwoodbusinessassociation.com.
PRSRT STD
U.S. Postage
PAID
Permit No. 1453
New Orleans, LA