Posts Tagged businessdistrict

Engaging Small Businesses in Disaster Preparedness

WHAT IS BUSINESS CONTINUITY?

Business Continuity is planning for future crises and equipping businesses with the defenses needed to survive threats, emergencies and disasters. It centers on establishing recovery strategies for critical business functions and making contingency plans to continue operations under different types of disasters.

Why Engage Small Businesses in Business Continuity?

Small businesses play a critical role in the local economy as they provide needed services and products to both residents and major employers. Following a major disaster, their absence is keenly felt when gas stations and groceries stay closed, local supply chains are disrupted, and residents can’t get access to needed services for their quality of life. Small businesses fail to prepare for a major disaster for three reasons: 1) they lack the financial resources and 2) they lack the knowledge for how to prepare and 3) they tend to underestimate the impact an incident will have on their business. Impacts such as:

+ One in four small businesses do not reopen following a large-scale disaster.

+ At least 60 percent of small businesses fail to make preparations before an emergency.

+ Of those businesses without a plan, 43 percent won’t re-open and 75 percent will fail within three years of a major event.

+ Companies that aren’t able to resume operations within ten days of event are not likely to survive.

ENGAGING SMALL BUSINESSES IN DISASTER PREPAREDNESS

Read more in the attached guide.

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Shickshinny Borough business loans available at very low interest rates (~1.0%)

Own a business in the borough of Shickshinny and want to improve / expand?  Or maybe looking to start a new business in the borough?  Are you aware there are low interest loans available to you via a grant obtained by the Luzerne Foundation / ShickshinnyForward and managed / administered by the NEPA Alliance?

Loans available from $5,000-$15,000.  The interest rate will not be greater than 1%. This rate is fixed throughout the loan term (2-5 years dependant on use)

Businesses must have 50 or less employees with annual revenue less than $1,000,000. Loan priority will be given to qualified business that have experienced flood related damage. Loan proceeds must be used for purchase of machinery and equipment (new or used) as well as associated delivery and installation costs, working capital, construction, renovation, and acquisition of real property.

Entrepreneurs and start-up businesses are required to submit a fully completed business plan with the loan application.  The Small Business Development Center at the Wilkes University provides assistance in the development of a busine plans at no cost to the entrepreneur/small business. Existing businesses must provide certain financial information including but not limited to Financial Statements, Income Tax Returns, Personal Financial Statement for the prior 3 years.

Borrowers are required to establish/retain one new job for every $10,000 in loan assistance. Self-employment is included with this requirement.

All businesses must be geographically located in the Borough of Shickshinny.  There is a non-refundable $100 Application Fee.

For more information contact: Dave Nat or Paul Macknosky at 570.655.5581 or 866.758.1929

1151 Oak Street • Pittston, PA 18640-3726 • Phone: 570.655.5581 • 866.758.1929 • http://www.nepa-alliance.org

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Shickshinny Business Revolving Loan Fund Program

With help from the Luzerne Foundation and the Northeastern Pennsylvania Alliance, loans are available from $5,000-$15,000.  The interest rate will not be greater than 1%. This rate is fixed throughout the loan term (2-5 years dependant on use).

Businesses must have 50 or less employees with annual revenue less than $1,000,000. Loan priority will be given to qualified business that have experienced flood related damage. Loan proceeds must be used for purchase of machinery and equipment (new or used) as well as associated delivery and installation costs, working capital, construction, renovation, and acquisition of real property.

Entrepreneurs and start-up businesses are required to submit a fully completed business plan with the loan application. The Small Business Development Center at the Wilkes University provides assistance in the development of a business plans at no cost to the entrepreneur/small business. Existing businesses must provide certain financial information including but not limited to Financial Statements, Income Tax Returns, Personal Financial Statement for the prior 3 years.

Borrowers are required to establish/retain one new job for every $10,000 in loan assistance. Self-employment is included with this requirement.

All businesses must be geographically located in the Borough of Shickshinny. There is a non-refundable $100 Application Fee.

Program Flyer

For more information contact:
Dave Nat at at 570.655.5581

Paul Macknosky at 866.758.1929

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This spring, it’s not just the tulips re-opening…

J-Angelo's reopeningMarch marks six months past since the devastating flood of 2011.  In the time between then and now, the question of  “how can this town reclaim what was lost” has been on the minds of many.  Fortunately, there are several Shickshinny staples that are leading the way.

J-Angelo’s re-opened its doors the last week of March; the cozy pizzeria looking fresh and inviting with new décor and a bright outlook.  The irresistible smell of baking pizza was already enticing passer-bys even as the windows were receiving their final stenciling.  The goods behind the glass counter proved the wonderful smells are not false advertising.  Particularly yummy looking is the White Pizza that is topped with fresh, juicy tomatoes.

“Most of the rebuilding was done by the owner,” Colleen McCoy, a long time employee and supporter of J. Angelo’s, says with a bright smile.  “We’re really excited that we’re open again.  A lot of people are coming in, saying they are happy we are open and they had missed getting their favorites.”

Skovish re-opening (mural)Skovish Pool and Spa, its location marked by the now famous concrete pencil on the sidewalk, re-opened to the public the first week of April (no April fools here).  The building is now as bright and festive as a tropical bird.  Shades of purple, blue, and sunset orange give this business a warm and welcoming feel.  Hand painted murals decorate three of the walls and include fun outdoor scenes with friendly animals and an impressive interpretation of Shickshinny past and the Native American influence of this area.  A pet store will be a newly added feature of this business.

One attribute shared by both these establishments is the noticeable pride in what they have accomplished in the face of hardship and destruction.  The endless hard work and fortitude demonstrated by Skovish Pool and Spa and J-Angelo’s Pizza shows us what can be accomplished no matter how high the hurdle…or how high the water.

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