SBH Sunrise
Oct. 27, 2007
Darwin Ching
Mon., October 15
SBH Monthly Board Meeting
SBH Office | 12 noon
Thurs., October 18
SBH Share n' Tell Forum
Waialae Country Club
10:45 am - 1:30 pm
Thurs., October 25
SBH Sunrise Networking
The Akaka Bill - Pro & Con
Macy's Pineapple Room
7 ¯ 8:30 am
Wed., Jan. 9, 2008
32nd Annual
SBH Conference
Ala Moana Hotel
8 am - 2 pm
SBH TV
Sundays 4:30 pm
Channel 54
INSIDE THIS ISSUE
SBH Home Page
SBH Share N Tell
SBH Sunrise: Akaka Bill
Lower Worker Comp Rates
Small Business Views
Superferry: Mob Rule Prevails?
Supeferry Tipping Point for Hawaii
ONLINE EXTRAS
Court Rules Against Taxpayers
Ruling Setback for Unions
2007 Legislative Ratings
No Business or Tax Reform
SBH Online Directory
SBH Books & Publications
SBH Member Benefits
Join SBH Today!
HAWAII SUPERFERRY
State Tax Website
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October 2007 | Top of the News
Quick Tips to Promote Your Business
Small Business Hawaii (SBH) will present a special forum, "Quick Tips to Promote Your Business," Thursday, October 18, at the Waialae Country Club, from 10:45 am to 1:30 pm. Sumptuous buffet lunch included.
Topics and speakers will include: "How to Avoid Common Business Mistakes," Ray Riss, Riss & Associates; "Marketing Ideas for Small Business," Bob Sigall, Creative-1 and author, "The Companies We Keep;" "Using Media to Promote Your Business," Malia Zimmerman, HawaiiReporter; "Political Action for Small Business," Ed Case, attorney and former U.S. Congressman; "How to Buy Your Small Business Office," Walt Harvey, Realtor (R) - Oahu Realty; "Designing a Winning Small Business Investment Plan," Geal Talbert, Legacy Group Hawaii, and "Strategic Planning for Entrepreneurs," Matt Muccio, Techniques of Hawaii.
Members choose the priority table topic of their choice.
Cost to SBH members and their guests who register with SBH in advance is $40 and includes program, complete lunch and free parking. The event is open to the public, non-members or at the door (if space is available) at a nominal cost of $50 per person.
To register, please contact Darlyn at SBH (808) 396-1724, fax, or mail the form below, or email: sbh@lava.net. Reservation deadline is October 15.
This is a great opportunity to bring an employee, business associate or friend as your guest (at the member cost).
SMALL BUSINESS HAWAII teems with activity this month, presenting the regular monthly "Sunrise Networking Breakfast" featuring an Akaka Bill discussion as well as a special return of the "Share N' Tell" luncheon that was a popular fixture in the 1990s. This month©–s special "Share N' Tell" will focus on ©ÆTips to Promote Your Business.©— Above: SBH Sunrise composite.
Small Business Impact of the
Akaka Bill Topic of Next SBH Sunrise
The next monthly Small Business Hawaii Sunrise Networking Breakfast will focus on the impact of the Akaka Bill. The breakfast will be held at 7 am on Thursday, October 25, in the Pineapple Room, Macy's, Ala Moana Shopping Center.
Elaine Willman, author, Native American, and chair of the Citizens Equal Rights Alliance (CERA), will speak on the negative impact of the Akaka Bill on Hawaii's small businesses, while Native Hawaiian Chamber of Commerce past president, Robson Hind, will address the positive impact of the bill. Questions will follow so members can make up their own minds.
This is a good opportunity for you to learn both sides about this important pending federal legislation, which is working its way through Congress.
Members enjoy a free exhibit area and introductions to boost their business and the public is welcome. Parking is free. The cost remains only $20 for members and their guests who pay in advance. It's $30 for non-members and at the door if space is available.
Fill out the reservation form that appears on page 8 and send it in today.
DOWNLOAD THE RESERVATION FORM TODAY AND SEND IT IN!
Lower Worker Comp Rates in 2008
The Department of Commerce and Consumer Affairs' (DCCA) Insurance Division announced that the National Council on Compensation Insurance (NCCI) has filed a request for a decrease of 16.8 percent in the workers' compensation loss costs for Hawaii. The filing would affect premiums beginning January 1, 2008.
The reduction is based on a continuing reduction in the number of claims filed in 2005 (which is the last year complete data is available). Over the last two years Hawaii Insurance Commissioner J.P. Schmidt has approved decreases of 18.2 percent and 12.3 percent in loss costs as evidence began showing a significant reduction in claims. A 3.9 percent increase was approved in 2006 due to increases in healthcare provider payments.
Additionally, the Department of Labor and Industrial Relations' (DILR) Hawaii Occupational Safety and Health Division has made great strides toward partnering with Hawaii's employers and labor organizations in enforcing the state's workplace safety and health laws. This collaborative effort has led to exemplary safety and health programs that have directly resulted in a reduced number of workers' compensation claims.
"The DLIR continues to streamline and expedite the hearing process," said Schmidt. "Claims are continuing to be resolved in a timely manner. However, we still need to work with the Legislature to reduce the adversarial nature of the system and improve the quality of care to our injured workers, so that they can return to work promptly without the financial impact associated with an unnecessary prolonged absence from work."
NCCI collects and validates data on workers compensation premiums and loss experience. If the filing is approved, insurance companies can choose to adopt NCCI's loss costs and then file their own factor for covering the other components that finally make up the premium.
"Loss costs" are a significant component of premiums and represent the amounts paid for claims by insurers. The other components that make up the premium include production and general expenses, contingencies, profit, taxes, licenses and fees.
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