Traverse Chamber Bulletin
Top Talk
January 27, 2016
Get Those SBC Nominations In!
Time is running out to nominate your favorite small business to participate in the Traverse City Area Chamber's 2016 Small Business Celebration. This Friday, January 29, is the deadline for SBC nominations, so submit your entries as soon as possible.

The Small Business Celebration is open to for-profit companies in the 5-county area in business for at least three years with up to 150 employees. You can nominate up to 10 businesses for the SBC. Learn why it's important to get involved in the Small Business Celebration in this video featuring past participants.

Nominated companies have until February 26 to formally apply for this year's SBC. The rest of the schedule includes:
  • March 16 - Small Business Celebration Candidates Showcase; 5 - 7 p.m.
  • April 19 - Meet the Top 10 Breakfast; 7:30 - 9 a.m.
  • May 4 - SBC Awards Ceremony including presentation of the 2016 Hagerty Small Business of the Year Award; 4:30 - 6:30 p.m. (SBC Events are held at NMC's Hagerty Center)
The Chamber's Small Business Celebration is sponsored by:


IMPACT | Advocacy for Business
U.S. Chamber Hosts Forum on Overtime Rules
New regulations on overtime pay are being considered by the U.S. Department of Labor that could impact your operations.

This Monday, February 1, the U.S. Chamber is holding a symposium to highlight how the DOL's proposed overtime regulation will affect the most vulnerable employers, including small businesses, nonprofits, and state and local governments.  Many of you have expressed concern about these proposed changes.  This event will feature presentations and panels from a variety of those who are struggling to figure out how they will be able to absorb the increased labor costs the new overtime regulation will create. 

If you'd like to participate, please RSVP with Maggie Sheely at the U.S. Chamber office and she'll provide a link to the webcast.

February 10 Deadline for PPT Exemptions
The deadline is approaching for businesses with less than $80,000 in personal property to file Form 5076, the state's eligible personal property exemption affidavit. It must be filed annually with your local assessing office by February 10.

State law changes made two years ago exempt small businesses from paying property taxes on up to $80,000 in personal property - items like equipment, furniture, computers, etc. But the exemption form must be filed each year with your local assessor. Businesses that don't qualify for the exemption must file their Personal Property Tax Statement form with their local assessors by February 20. Failure to file the PPT statement or exemption affidavit will result in an estimated assessment from your local assessor.

Click here to access the Form 5076 exemption affidavit.

Click here for the Personal Property Tax Statement form. Contact your local assessing office if you need more information.
CONNECT | Events and Programs
TC New Tech Meets February 2
TC New Tech continues to build its reach. This monthly gathering of local tech enthusiasts is drawing bigger turnouts every month as they give local techhies a forum to share their ideas and concepts. Presenters are given five minutes to discuss their subject, answer questions and discuss the local technology scene. The next session is this Monday, February 2, starting at 6 p.m. at the CenterPointe Building in Greilickville. Click here to learn more.

INSPIRE | Leadership Development
Clock Ticking on Spring 2016 LGT Applications 
The February 5 application deadline is just around the corner for the Spring 2016 semester of Leadership Grand Traverse, the Chamber's signature leadership development program. Hundreds of LGT participants over the past 30-plus years have gained a comprehensive understanding and working knowledge of the public and private institutions, resources and services that drive the Grand Traverse region. It's the chamber's leading professional and personal development program and has propelled scores of participants into key leadership roles in their companies and the community while creating life-long connections and relationships.

The Spring 2016 LGT session kicks off with an orientation session in late February and continues through April. Scholarship opportunities are available. Click here for information.

Leadership at the Movies Returns March 10

Leadership at the Movies receives additional support from:

Partner News
Black Star Farms Transition Focus of Leadership Lunch Club
"Leadership in Transition" is the next program in the Leadership Lunch Club series coming up February 12, presented by the Center of Coaching and Leadership Development. The event will feature Don Coe, retiring co-managing partner of Black Star Farms and former chair of the Traverse Bay EDC, along with Michael Lahti, Black Star's CFO. They will discuss the recent leadership transition at Black Star Farms and talk about how businesses can prepare for both expected and unanticipated changes at the top of an organization. The luncheon event is from 11 a.m. - 1 p.m. at the Traverse City Golf & Country Club. You can get more information and register by clicking here.

Upcoming Events
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Dr. Craig Brakeman, DVM
New Mobile Pet Hospital Open House, 1/30/16, 9-5, at Tractor Supply US31

In Case you
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Listen to the Chamber's Weekly Entrepreneur Focus on NewsTalk 580.

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