July 2013


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July 2013

Buy  Brandon Gets a  Makeover

The Buy Brandon initiative has been around for a long time, but a new campaign has been in the works with the hopes of revitalizing the message and providing continued education to 1) A My Brandon message focused on area residents. The new campaign inreminding consumers numerous options are available in Brandon for cludes direct mail, billboards and some gas groceries, food, services, retail grassroots efforts, including resources and more. Reminding residents those on the recently acquired website types of purchases continue the BuyBrandon.com success of the community we have built together. Brandon area residents have always had 2) A Try Brandon message will help a strong understanding about the remind consumers a variety of industries and businesses are importance of buying local. This available right here locally. campaign brings a fresh new look to the initiative and an educating message. 3) A Buy Brandon message will connect the benefits of buying local Currently the campaign has three to the amenities available in our planned messages. great community.

What’s Inside WELCOME to the Family! Did You Know? Connect Your Business with Buy Brandon Campaign Cutting, Breaking & Mixing it Up! Who Will Buy My Business?

Join Us! Chamber Mixer Brandon Valley Challenger 1400 E Cedar St Thursday, July 18th 5:00 - 6:30pm

The Horizon

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WELCOME to the Family!

July 2013

Connect Your Business With The New Chamber “Buy Brandon” Campaign  Some bold new colors are being used in this campaign, if you have the opportunity to use colors in any of your promotions—like window paint—use the orange, blue, green or yellow from this campaign this is a great way to reinforce the campaign with area residents/customers.

Ten Below Frozen Yogurt

Earn Membership Referral Rewards! Learn how at BrandonValleyChamber.com

 Have a billboard or marquee sign and need a new message? Use some of the wording or phrases from this campaign “Swing on in for a great deal on...” “Drive through for a hot deal on...” “Buy Local and continue to support the success of our community...”

 Have a customer mailing or company

Did you KNOW?

newsletter coming up? Include the Buy Brandon logo and/or elements from this campaign. Every little connection helps. Contact the Chamber office for elements.

 Have room for an online banner or other

..this issue of the Horizon will reach nearly 500 people. Advertising in the Horizon is a great way to reach fellow Chamber members and their employees. Get the word out about your business or upcoming event by placing an insert in our monthly newsletter. For more information about placing

an

insert

in

the

Horizon contact the Chamber office at 582-7400.

elements on your company’s website? Add the refreshed Buy Brandon logo or other campaign elements. Contact the Chamber Office.

Chamber Seeking 2013 Board Member Nominations The Chamber is seeking nominations for 3 seats on the BV Area Chamber of Commerce Board of Directors:  

You are more than welcome to nominate yourself if you would like The Chamber board will review all applicants and will narrow the field down to 3 candidates. These individuals will be contacted and must agree to be on the Chamber Board of Directors. The 3 that accept will be brought to the entire Chamber Membership to be voted on in September/October.

Nominations must be received by Friday, July 26, 2013. Nominations will be accepted on the form below. They may be submitted by mail (P.O. Box 182, Brandon, SD 57005), fax (605-582-8941) or email ([email protected]). Call the Chamber office at 582-7400 if you have any questions.

NOMINATION FORM FOR CHAMBER BOARD MEMBER NAME OF NOMINEE: ___________________________________________________________ BUSINESS: ___________________________________________________________________

BRIEFLY DESCRIBE INVOLVEMENT IN CHAMBER:

REASON THEY SHOULD BE ON THE CHAMBER BOARD OF DIRECTORS:

SUBMITTED BY: _______________________________________________________________ Phone: _________________________ Email: ________________________________________

The Brandon Valley Ministerial Association Presents the 5th Annual Brandon Area

Prayer Breakfast Friday, August 2nd, 2013 @ 7:00 a.m. Hosted at Brandon Valley High School Commons Featuring Guest Speaker: Brandon Chiropractor

Dr. David Ward

The event includes a full breakfast, prayers for all sectors of our community, and great musical selections including Just Alive!

Dr Ward is the author of two books; “A Life Almost Wasted” which he wrote to prevent suicide and “The Heart of Our Savior” which is a collection of short stories, dreams, and visions which reveal the loving compassionate heart of Jesus Christ. Tickets are $10 per person or $75 for a table of 8 Student Tables (high School or younger) $50 for table of 8 All students 18 & under attend free!

For Tickets or More Information Contact: Paul VanDeBerg 582-6311, Bob Young 582-8780, Carla Gross 582-6902 or Nelva Bose at Home Federal 582-2311 •Profits from the event will be given back to local charities •A SCHOOL SUPPLY DRIVE will also take place for area students

Brandon Valley School Supply Drive S. O. S. SUPPLY OUR STUDENTS

Purchase school supplies and backpacks for students in need in our community. All donated supplies will stay in the Brandon Valley School District. Backpack - Crayons 16 & 24 count - 8 oz. Elmer’s School Glue - Large Glue Sticks Hand Sanitizer - Yellow Highlighters - Wide Ruled Spiral Notebooks - Wooden Ruler - Lined Note Cards 100 ct. - Clorox Wipes - #2 Pencils - Bottom Pocket Folders - Pointed Scissors (FISKARS) - Zip Lock Bags in Quart and Gallon Size White Board Eraser & Dry Erase Markers - School Box for Art Supplies - Red Pens - Colored Pencils – Kleenex - Wide Ruled Loose Leaf Paper - Gift Cards

**Please see the BV School Supply List for more ideas

Look for drop boxes in area churches and at

Sunshine Foods Inc. / Lewis Drug School Supplies can also be brought to the 5th Annual Brandon Area Prayer Breakfast Sponsored by the Brandon Valley Ministerial Breakfast Committee

The Holiday Inn Express of Brandon is looking for new staff members to join our team! All positions are part time, and we work well around school schedules. Each department has different shifts and positions, so look and see what works for you: Weekend breakfast host/hostess: Are you an early riser? We need two or three employees available to work Saturday and Sunday mornings from 6:30-11:00, or sometimes later. Breakfast hosts keep our breakfast buffet well stocked and our dining area clean. We are looking for friendly, outgoing staff members who are extremely reliable. This is a great job for organized and self-motivated students. Weekend event staff: We host the best wedding receptions! And we are looking for servers, dishwashers, and bartenders who want to work primarily Saturday evenings (some Fridays). We understand that you won’t be available every weekend, but if you can work two to three Saturdays per month come see us! Housekeepers: We are looking for two or three housekeepers to join our hardworking staff. Must be available weekends, as that is when we are the busiest! Work just weekends or weekends with some weekdays; your choice. Housekeepers clean guest rooms and bathrooms and create a fresh, inviting room for each and every guest. Front Desk Staff: Are you friendly and outgoing, and comfortable learning new computer systems? We are looking for one or two front desk agents to work primarily our 4-midnight shifts. Weekend availability is a must. Must be able to work well independently and exercise great judgment when dealing with a wide variety of situations. Desk agents also help in laundry. Lifeguards: Our waterpark is open daily during the summer, and just weekends during the school year. If you are a certified lifeguard, this is the perfect way to make some money without interfering with your school schedule. We are looking for friendly staff members who can enforce our safety rules and take good care of our guests. Reasons to work with us:  We are right here in Brandon, so you won’t spend extra time and money getting to work.  Our hotel has an upbeat atmosphere and flexible scheduling. We will train you!  Hotel staff members get phenomenal discounts when traveling to other hotels….so if you like to travel, you will save big money by working part-time with us.

Interested? Stop in any time and fill out an application. Holiday Inn Express, 1103 N Splitrock Boulevard, Brandon

The Horizon

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July 2013

CUTTING, BREAKING & Mixing it Up!

Love That Look Tuesday, June 18

Who Will Buy My Business? Sell Tactics Depend on who is Buying After 35 years of helping family business owners develop strategic succession plans for their businesses, I have discovered that there are three main groups of potential buyers. About 30% to 40% of business owners will sell to one or more family members, 15% to 20% will sell to qualified key managers (because family members are not interested), and 15% to 20% will sell to an outsider. The pricing and terms of the sale can be totally different for these three types of buyers.

of the board of directors will be taxed at ordinary income rates and deductible to the company. The payments for the stock that the family member is buying are not deductible, but the interest on the promissory note would be deductible. It is important that the buyer and the seller work carefully with their tax and financial advisers to make sure there is enough cash flow to make all of these payments after taking into consideration taxes that must be paid first.

If the business is sold to a family member (e.g., child, child in-law, sibling, niece or nephew), many owners will gift some stock because the buyer has usually worked for the business for several years and has already earned it. The owners may also sell a large block of stock using a promissory note that is paid over time. Often, the current owner will stay on as chairperson of the board or as a special paid consultant for several more years to guide the new buyers and to keep his or her health insurance and other benefits. The income paid to the sellers to be consultants or members

If the business is sold to a key manager, the owner has some confidence in knowing that the manager has already proven his or her ability to run the company. A sale of this type is usually done in two steps. The first 40% of the stock is sold in phase one, with installment payments over a few years. If everything is still going well with the company, then the remaining 51% would be sold in phase two. Once again, the owner may continue to help as a consultant. He or she may stay on the board of directors and also receive continued deferred compensation. The

sales agreement with the key manager should be drafted carefully so that the owner has plenty of protection during the payment years. If the business is sold to an outsider, the buyer, undoubtedly, has the ability to pay cash, and if he or she is in the same industry, the price could be higher. A strategic purchase by someone in the industry is always desirable if a family member is not going to continue to control the company. The sale price is almost always higher if the owner is willing to help the buyer for at least 12 to 18 months with a smooth transition. The succession planning process usually takes two to three years or more. Take the time up front to adequately plan the succession process, clean up the company to make it look desirable, keep all of your employees well trained, and modernize every facet of your business to maximize the sale price. Gary Pittsford, CFP President and CEO, Castle Wealth Advisors, LLC

The Horizon







July 2013



CALENDAR of Events August 2013

September 2013

1—Member & Public Relations—8:00am at the Chamber

2—Chamber Office Closed—Happy Labor Day!

6—Executive Committee—8:00am at the Chamber

3—Executive Committee—8:00am at the Chamber

7—Marketing Committee—8:30am at the Chamber

4—Marketing Committee—8:30am at the Chamber

13—Chamber Board—8:00am at the Chamber

5—Member & Public Relations—8:00am at the Chamber

15—Chamber Mixer—5:00-6:30pm at Family Floors and Furniture—224 S Splitrock Blvd

10—Chamber Board—8:00am at the Chamber

20—B2B Member Luncheon—11:30am-1:00pm at Pizza Ranch 202 S Splitrock Blvd 21—Fundraising Committee—8:30am at the Chamber 22—Issues Management Committee—8:00am at the Chamber 27—Networking at Noon—noon at Pizza Ranch 202 S Splitrock Blvd

12—Membership Mixer—5:00-6:30pm at Tailgators Grill & Bar 1013 N Splitrock Blvd 18—Fundraising Committee—8:30am at the Chamber 24—Networking at Noon—noon at Tailgators Grill & Bar 1013 N Splitrock Blvd 25—Business Resource Committee—8:00am at the Chamber 26—Issues Management Committee—8:00am at the Chamber

28—Business Resource Committee—8:00am at the Chamber

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Horizon is an official publication of the Brandon Valley Area Chamber of Commerce www.brandonvalleychamber.com

BVACC Board of Directors President, John Small, Sunny Radio Vice President, Tom Wullstein, Brandon Health Mart Pharmacy Secretary, Harry Buck, Town & Country Realtors Past President, Anthony Siemonsma, Edward Jones Amy Ahlers, Alliance Communications Jeff Bowar, Sanford Health Sandy DeZeeuw, Home Federal Bank Kris Haase, Express Copy & Printing Aaron Hansen, Pizza Ranch of Brandon Elissa Stauffacher, Sioux Falls Federal Credit Union

BVACC Staff Kim Cerwick, Executive Director Monica Newton, Administrative Assistant