Archive for July, 2009

Stimulus Advice for Construction and Related Businesses

While rolling though my emails I came across a note by Verne Harnish
passing along an E book From SCORE. My father is a SCORE consultant so I
thought I should read this and found great info within to share with
those of you in the construction and architectural industry, or BOMA.

The Stimulus Package Advice -I read it all but take several more minutes
and read pages 11 - 13 and look at 21 for stimulus resources, “The
Stimulus Package: What it Means for Growing Businesses
“.

* You can carry back net operating losses (NOLs) in 2008 (tax
years beginning or ending in 2008) as far back as five years if you’re
under $15 million in revenue. Using the longer carry back period ensures
that current losses will be fully utilized to produce the largest tax
refund possible. This can help with cash flow issues NOW.
* You can fully depreciate $250,000 in furniture, computer
equipment, off-the-shelf software, etc. in 2009 — and there are other
accelerated depreciation bonuses along with limitations if you have over
$800k to depreciate. Time to get everyone new computers! New energy
efficient lighting retrofits qualify.
http://www.architecturaldetailgroup.com/induction/articles.htm
* Tax credits for hiring certain workers, including veterans.
* There are certain energy tax credits for going green.

Produced by MyVenturepad in cooperation with SCORE and sponsored by SAP,
the eBook explains
what the Stimulus means to small and midsize businesses,.
http://www.score.org/pdf/StimulusPackageeBook.pdf

Notes on Verne Harnish Execute Without Drama
read his
book Mastering the Rockefeller Habits.

Enjoy your Reading, Gerald Olesker CEO/ founder ADG Eco Lighting -
Consulting and Products that save the world from Energy Overload :end

local companies, city leads the way on environment.

By Eric Billingsley SAN FERNANDO VALLEY BUSINESS JOURNAL STAFF  from the San Fernando Business Journal

Valley business owners and executives say there’s a financial case to be made for going “green.” Yes, the term has been overused and abused by some. But as public awareness increases about global warming and depletion of the world’s natural resources, so is the demand for things like recycling, energy efficiency, and clean renewable sources of power.
The following companies in the greater San Fernando Valley area are among many committed to meeting that demand.
ADG Eco Lighting –
A division of Architectural Detail Group Location: Agoura Hills Founded: 2004 Number of employees: 15

“How many people does it take to screw in a light bulb?” jokingly asked Gerald Olesker, CEO of Agoura Hills-based ADG Eco Lighting. “None, if you do it my way”. Olesker, a lighting industry veteran who has worked on more than 900 jobs worldwide, [and] is passionate about the use of induction lighting.
Invented by Nikola Tesla, he said, the induction lamp system uses a revolutionary technology of light generation that combines basic principles of induction and gas discharge. Void of electrodes, it delivers 100,000 hours of high quality white light.
How’s that green?
Induction lights last considerably longer than conventional lights, which reduces replacement costs and maintenance; mercury levels are lower than conventional lighting; and his products are manufactured right here in the U.S., which cuts down on costs and emissions related to shipping. 
The induction bulb uses 50 percent less wattage than metal halide and almost half the consumption than a high pressure sodium bulb to produce virtually the same amount of visually effective (or pupil) lumens. It emits considerably less heat, which can reduce air conditioning costs.
The company also specializes in the installation of low energy LED lighting. 
ADG Eco Lighting takes a holistic approach, said Olesker. It assesses client’s aesthetic and functional lighting needs, conducts an energy audit, and determines how clients can achieve the fastest possible return on investment. 
The company’s retro-fit of a high-end auto dealership is one example. 
The client reported that it is saving $122 per year per fixture, which is the result of reductions in air conditioning, energy and maintenance costs. The client also noted that induction lighting brings out the rich colors in cars on the showroom floor, which helps sell more products.
Financial savings to clients is good for everybody, said Olesker. “Tremendous savings on the client side and more revenue on our side mean that we can create more green jobs,” he said.
ADG Eco Lighting’s primary customers include commercial industrial property owners, real estate investment trusts, and individuals or corporations with large real estate portfolios. 
The company is also developing a program to recycle all of the lighting material and metals it pulls out of buildings during retro-fit jobs. It offers a lease program where clients pay little money up-front for product and installation. 
“I feel like as a small entrepreneurial business person, and American manufacturer of decorative and functional lighting, I had a responsibility to promote this technology,” said Olesker.
Architectural Detail Group, inc.

Why and when will the non-Green Community wake up?

Hi Readers This may be of interest to you. please see below

“Consider how you function each day in the built environment. Or simply
put what you do as a proactive CFO or COO to affect the bottom line of
your operation. A Chief Financial Officer and Chief Operations Officer’s
responsibility is the pure and sustainability of a company’s fiscal
health is as important as a parents insuring that their children grow
into healthy productive members of society.

How are your peers managing through this crisis? What actions do experts
recommend? How will accounting and regulation change?

Join us for our second annual CFO Green Conference being held in New
York City. This year’s focus is on the cost/benefit proposition of the
green movement in Corporate America and will address the problem of
staying on course with such initiatives in troubled times. CFOs have a
fiduciary responsibility to their shareholders and they must balance the
push to go green with protecting long-term shareholder value. Attend
this event and hear how your peers are succeeding and what steps they
have taken to gain their success.

Now, more than ever, you need to attend this conference and learn how
you can go green amidst a downturn!

Topics to be discussed:

* Why Being Green Makes Sense

* Calculus of Carbon and Carbon Credit
Trading

* Case Studies in Reducing the Carbon
Footprint

* How to Manage a Greening Balance Sheet

* The Green Effect on Market Valuation

* What Investors Want from Corporate
Environmental Initiatives

* Why Sustainable Environmental
Performance is a CFO Issue

* Green Lending Policies: What Companies
Need to Know to Overcome the Hurdles for Debt and Equity

* Why CSR is a CFO Issue

* Aligning the CEO, CRO, and CFO

* How Sustainability Initiatives Can
Satisfy Employees, Investors, Customers, and the Community While
Increasing Profitability

* Communicating Your Green Posture to
Wall Street

* How Environmental Transparency Can
Create Value

* Techniques for Eliminating
Environmental Risk

Question to be answered:

* How can companies balance
environmental philosophies with strategic goals?

* What is the future of carbon trading?

* Can increased environmental
transparency reduce risk to investors and create corporate value? What
are the latest best practices in sustainability?

* Is going green still viable in a
volatile economy?

* What is the role of innovation in
going green?

http://www.cfo.com/conferences/cfogreen2009/ “:end