Monday – February 4, 2008

HOW’S BUSINESS? – A recent poll by the Volusia Manufacturers Association has produced some very positive responses from the local manufacturing community. Among others, Naarden Inc. indicates its production is at an all-time high, Command Medical just finished the second best year in its history, Polymer Fabrication reports revenues and backlog up significantly and Tel-Tron reported a great year and a strong fourth quarter. Local manufacturers shouldn’t overlook the training, exporting and financing resources available through the Volusia County Department of Economic Development. For resources available, call Paul Mitchell at 386-248-8048.

FLORIDA FIFTH BEST FOR BUSINESS STARTUPS – CNNMoney.com lists Florida as fifth in the country for starting a business, the only eastern U.S. state in the top five list. Advantages included a 0-percent personal state income tax, a 5.5-percent corporate state income tax rate and low energy rates.

REDUCE YOUR ENERGY COSTS – As energy costs increase, improving commercial building energy efficiency becomes critically important to profitability. To that end, the Building Owners and Managers Association has compiled its energy efficiency recommendations. The recommendations include frequently calibrating thermostats, timer or photocell controls for exterior lighting, and determining the earliest possible time that heating/air conditioning systems can be powered down while still maintaining comfort. Go to http://www.boma.org/AboutBOMA/IndustryInsights/ and click on “30 Easy Ways to Save Energy.”

EXPORT MISSION TO SANTO DOMINGO – In 2007, Florida merchandise exports to the Dominican Republic grew an estimated 8-10 percent to reach more than $2.7 billion, making the Dominican Republic the fifth largest export destination for Florida exports. The strong commercial relationship between Florida and the Dominican Republic is expected to grow significantly with the signing of the DR-CAFTA and the subsequent elimination of most duties. Enterprise Florida’s Export Sales Mission to Santo Domingo is designed to help businesses identify and initiate business relationships with customers in the Dominican Republic. Registration closes soon, please contact Luis Cuervo, Enterprise Florida, at 305-808-3660 or e-mail lcuervo@eflorida.com to sign-up.

BUSINESS FINANCING – Take the guesswork out of finding the money to start or expand your business. Hear about the financial options available to small businesses, including Small Business Administration loans, commercial lending, venture capital and private investors at a DBC workshop Tuesday, Feb. 12. The workshop will be from 6 - 9 p.m. on the DBC campus at 1155 County Road 4139, DeLand. Call 386-506-4723 to register.

AO PRECISION TRAINING MACHINISTS – AO Precision is currently training 100 of its machinists in coordination with Daytona Beach College. The blueprint reading class is being covered by a grant received from the Employed Worker Training program through the Center for Business Excellence. AO Precision is planning a second and third phase, too. For information on the DBC programs, contact Frank Mercer at 386-506-4461 or at MERCERF@dbcc.edu. For information on training funds, contact Lori Maushund at 386-323-7087 or at loristonemaushund@WDB-FVC.ORG.

IS YOUR ELECTRONIC DATA SAFE? – The methods for distributing and storing data have become so numerous, it is difficult for businesses to maintain control. A firm's workers could take data with them when they leave a company, or data also can leave via a personal, Web-based account such as Hotmail, Yahoo Mail or Gmail to bypass the monitoring of corporate accounts. Some simple steps to protect business can take are restricting the use of USB flash drives. This can be implemented by IT staff, rendering USB drives read-only. Or, an enterprise product such as DeviceWall (www.devicewall.com) can restrict access to USB flash drives and control access to handheld devices. Review your file system security. Ensure people have access only to data they need to do their jobs.

NEWS ITEMS WANTED! – Please send your business news items to Dave Byron, Volusia County Community Information Director, 123 W. Indiana Ave., DeLand, 32720-4612, by fax at (386) 822-5072 or by e-mail at dbyron@co.volusia.fl.us.

Department of Economic Development
700 Catalina Drive, Suite 200, Daytona Beach, FL 32114
Telephone:
386-248-8048   FAX: 386 238-4761   Toll Free: 800-554-3801

Phil Ehlinger
Director

doed@volusia.org