In keeping with its mission to advocate for, connect with and educate the Manhattan business community, the Manhattan Chamber of Commerce is pleased to present The Voice of Manhattan Business.
Broadcast live every Wednesday at 12:00 Noon (Eastern Time), VMB provides updates on Chamber advocacy efforts and events, and features an in-depth interview with a leading political figure, business advocate or Chamber member. The program includes questions from listeners.
Here are our top ten shows from 2014:
December 3 - Gaining Power in Negotiations, Martin Finkle, Scotwork.
October 22 - What is Primary Medical Care for the Homebound Elderly?, Jomarie Zeleznik, MD.
October 15 - Creating a TV Show to Promote a New Business, Ken Conn, Pentloft Studios, LLC.
July 16 - A Saleswoman's Odyssey: From the Late 60s to Today, Arlene Ciccone, Pinnacle Promotions.
June 4 - Foreign Bank Accounts, Income and Taxes, Anil Melwani, 212 Tax and Accounting Services.
May 28 - MCC Member Cooperation: New Jersey Bikeshare, Laura Bucko, Manhattan Chamber of Commerce, and Tom Glendening, E3Think.
April 9 - How to Tell Your Story Like a Journalist, Steve and Margie Holt, re:Write.
April 2 - A Unique Franchising Business Model, Adie Horowitz, Licenders.
March 26 - How to Make Your Business Accessible for People with Disabilities, Nancy Miller and Michael Cush, VISIONS/Services for the Blind and Visually Impaired.
March 12 - Local Businesses and Online Marketing, Michele Waldman, Max Your Media.
For more information please, see http://www.thevoiceofmanhattanbusiness.com/ or write to info@manhattancc.org.
Welcome to the Manhattan Chamber of Commerce Manhattan Chamber of Commerce (MCC) is a vibrant business membership organization comprised of a cross section of 10,000 business members and subscribers ranging from sole proprietors to large corporations and multi-national firms. Connect with entrepreneurs, leaders and executives by becoming an MCC member today and help your business grow. Our mission is to advocate for, connect and educate the business community in Manhattan.
Showing posts with label Business Development. Show all posts
Showing posts with label Business Development. Show all posts
Wednesday, January 7, 2015
Monday, April 28, 2014
News from MCC Partner New York Grant Company
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Tuesday, March 25, 2014
New Selected Benefit Provider for MCC Members: Powerlinx
Powerlinx is excited to offer a 3 month free trial to all member and subscribed companies of the Manhattan Chamber of Commerce. Powerlinx is an online B2B platform that connects businesses to other businesses based on strategic objectives. The mission of Powerlinx is to grow small and medium sized businesses by helping them find, connect and act upon business opportunities they may not have known about, and strengthen and accelerate business growth. We do this by finding you relevant business matches and facilitating introductions to them, after zeroing on your business desires. We have partnered with the Manhattan Chamber of Commerce to give you and your business the ability to explore Powerlinx for free for 3 months, and the for an additional 9 months for only $1.00 - more than a $300 value. Sign up at www.powerlinx.com/?MCoC and don't miss out on opportunities that could help your business grow today.
Monday, August 5, 2013
Launch of ConnectNYC Fiber Access
Part of City's Larger Set of Initiatives to Expand Broadband Connectivity and Increase High-Speed Internet Access for Industrial and Commercial Businesses
Program Will Provide Services to Small or Medium-Sized Companies
New York City Economic Development Corporation (NYCEDC) has announced the launch of the second round of ConnectNYC Fiber Access, an innovative, City-sponsored program providing free construction and installation of fiber optic cable directly to businesses. The program is designed to assist small or medium-sized businesses in unwired or underwired buildings by providing an opportunity to connect the building to fiber infrastructure. It addresses challenges facing fiber optic expansion by expediting build-out and efficiently bringing together commercial and industrial business demand for fiber broadband connectivity. ConnectNYC Fiber Access is part of the suite of initiatives originally announced by the City in 2012 to ensure New York City continues to establish itself as a leader in connectivity and innovation in the 21st Century. Companies can apply to receive the free construction at www.nycfiberaccess.com.
Applications for ConnectNYC Fiber Access will be evaluated based on the potential impact of fiber on the applicant’s business and feasibility of fiber construction at the building’s location. Companies based in New York City with fewer than 500 employees are eligible to apply. Approved applicants that
successfully negotiate a one-year service contract with one of five participating Internet Service Providers (ISPs), including Time Warner Cable Business Class and Cablevision, will receive free construction and installation, a cost that can be prohibitive to new businesses looking to install fiber cable. Applications will be accepted on a rolling basis through December 12, 2013.
The second iteration of ConnectNYC Fiber Access incorporates three additional ISPs – Lightower, tw telecom and Stealth Communications – which will join Time Warner Cable Business Class and Cablevision to provide program participants with additional options in selecting a fiber provider. Upon completion of installation for the second round of programming, up to $14 million worth of fiber wiring will have been provided in total by the five participating ISPs.
ConnectNYC Fiber Access is being led by NYCEDC in partnership with ChallengePost, a New York City startup that enables competitive public problem-solving. The goal of the competition is to capitalize on New York City’s existing advantages in connectivity and innovation, while also addressing long-term challenges facing the City. The first round of ConnectNYC connected 24 companies with high-speed Internet through Time Warner Cable Business Class and Cablevision, with several more companies currently in negotiations. 3rd Ward, a business incubator that offers a series of educational classes located in the North Brooklyn Industrial Business Zone, is one of the companies to receive a free fiber build-out. Their multi-disciplinary creative classes and co-working space, which houses hundreds of small businesses, ensure that local manufacturers have the tools they need in order to succeed. Through the ConnectNYC program, 3rd Ward signed a contract with Time Warner Cable Business Class, which increased their Internet speed by 500%. The full list of businesses participating in the first round of ConnectNYC can be found on the first round’s website: http://nycfiberchallenge.com/submissions.
Program Will Provide Services to Small or Medium-Sized Companies
New York City Economic Development Corporation (NYCEDC) has announced the launch of the second round of ConnectNYC Fiber Access, an innovative, City-sponsored program providing free construction and installation of fiber optic cable directly to businesses. The program is designed to assist small or medium-sized businesses in unwired or underwired buildings by providing an opportunity to connect the building to fiber infrastructure. It addresses challenges facing fiber optic expansion by expediting build-out and efficiently bringing together commercial and industrial business demand for fiber broadband connectivity. ConnectNYC Fiber Access is part of the suite of initiatives originally announced by the City in 2012 to ensure New York City continues to establish itself as a leader in connectivity and innovation in the 21st Century. Companies can apply to receive the free construction at www.nycfiberaccess.com.
Applications for ConnectNYC Fiber Access will be evaluated based on the potential impact of fiber on the applicant’s business and feasibility of fiber construction at the building’s location. Companies based in New York City with fewer than 500 employees are eligible to apply. Approved applicants that
successfully negotiate a one-year service contract with one of five participating Internet Service Providers (ISPs), including Time Warner Cable Business Class and Cablevision, will receive free construction and installation, a cost that can be prohibitive to new businesses looking to install fiber cable. Applications will be accepted on a rolling basis through December 12, 2013.
The second iteration of ConnectNYC Fiber Access incorporates three additional ISPs – Lightower, tw telecom and Stealth Communications – which will join Time Warner Cable Business Class and Cablevision to provide program participants with additional options in selecting a fiber provider. Upon completion of installation for the second round of programming, up to $14 million worth of fiber wiring will have been provided in total by the five participating ISPs.
ConnectNYC Fiber Access is being led by NYCEDC in partnership with ChallengePost, a New York City startup that enables competitive public problem-solving. The goal of the competition is to capitalize on New York City’s existing advantages in connectivity and innovation, while also addressing long-term challenges facing the City. The first round of ConnectNYC connected 24 companies with high-speed Internet through Time Warner Cable Business Class and Cablevision, with several more companies currently in negotiations. 3rd Ward, a business incubator that offers a series of educational classes located in the North Brooklyn Industrial Business Zone, is one of the companies to receive a free fiber build-out. Their multi-disciplinary creative classes and co-working space, which houses hundreds of small businesses, ensure that local manufacturers have the tools they need in order to succeed. Through the ConnectNYC program, 3rd Ward signed a contract with Time Warner Cable Business Class, which increased their Internet speed by 500%. The full list of businesses participating in the first round of ConnectNYC can be found on the first round’s website: http://nycfiberchallenge.com/submissions.
Thursday, June 20, 2013
MCC Member: Barrett Capital Corporation: CO-OP CITY CASE STUDY
CHALLENGES
In 2011, Co-op City, located in the Bronx, and the largest cooperative housing development in the world with over 15,000 units and a population of 55,000, had the opportunity to save a significant amount of money on its electric bill as well as to reduce energy usage in its “city within a city” by replacing its existing light fixtures with energy efficient lighting in its 8 garages. The cost of the project was approximately $3 million.
Co-op City’s challenge was to locate a contractor that could undertake the project without requiring any capital contribution from Co-Op City. In order to provide for the energy efficient lighting at no up-front cost to Co-op City, Green Energy Management Services, Inc. (GEM), an energy management company, structured a shared savings contract in which the savings from the energy efficiency project itself covered the cost.
The challenge to GEM, which arranged for the replacement of the 6,100 light fixtures at Co-op City’s 8 parking garages, was how it could be paid up front, instead of having to receive payment over the 10 year term of the contract. Thus, a creative financing solution was needed to fund GEM, given the shared savings arrangement and variables within the garages. The process was complex and time consuming, but by selecting Barrett Capital to handle the financing, GEM secured a commitment to provide it with up front financing.
PROCESS & APPROACH
Barrett Capital developed and executed a financing plan, in line with its business model, which involved working closely with Co-op City, its excellent management team and advisors, and GEM to:
• Verify that the energy savings the originating energy services company projected would be realized despite the uncertainties at the Co-op City garages;
• Provide Co-op City with a meaningful financial incentive to achieve Co-op City board approval of the assignment of the contract to Barrett Capital;
• Arrange for the appropriate legal documentation that would be approved by New York State’s Division of Housing and Community Renewal (“DHCR”); and,
• Create a payment plan that would be simple and require minimal administration by Co-op City.
SOLUTION
Barrett Capital devised an innovative structure to finance the Shared Savings Plan, providing funding for almost $2 million, or 65% of the $2.9 million cost of the project. The New York State Energy Research and Development Authority (NYSERDA) provided a $1 million grant to fund the other 35% of the cost. Barrett Capital entered into an Assignment, Assumption & Indemnity Agreement with GEM taking an assignment of the Co-op/GEM Energy Shared Savings Contract. Upon receipt of fully executed documents from the Co-op, Barrett Capital paid GEM its $993,000 upfront payment.
To induce Co-op City to acknowledge the assignment from GEM to Barrett Capital and consent to an agreed upon payment schedule, Barrett Capital provided a financial incentive for Co-op City. In accordance with the Assignment Agreement, all representations and warranties stayed with GEM. Barrett Capital assumed the credit risk of the repayment from the savings.
Barrett Capital’s business model calls for bringing in an independent engineer to verify the projected savings. Since Barrett Capital is being paid back from the savings, its interests are aligned with the client, Co-op City.
On its site visit, Barrett Capital’s engineer learned that there was a maintenance facility being operated in one of the garages and a radio tower being operated from another. Both generating substantial additional electricity. Despite not knowing of these variables at the time, Barrett Capital’s structure was able to deal with them to everyone’s satisfaction.
RESULTS
Barrett Capital’s financing of the Shared Savings Plan resulted in a rare WIN-WIN-WIN.
WIN for Co-op City: A massive energy efficiency upgrade at no out-of-pocket cost, an incremental financial windfall and with substantial immediate savings on its garage energy costs on the order of $300,000 per year.
WIN for GEM: An infusion of nearly $1 million in cash, allowing the company to pursue and fund additional energy efficiency projects, as well as a validation of its business model.
WIN for the Environment: The projected energy savings, over the 10 year period, are expected to be on the order of 2,300,000 MWh which is the equivalent of taking 338,000 cars off of the road.
Barry P. Korn
Managing Director
bkorn@barrettcapital.com
In 2011, Co-op City, located in the Bronx, and the largest cooperative housing development in the world with over 15,000 units and a population of 55,000, had the opportunity to save a significant amount of money on its electric bill as well as to reduce energy usage in its “city within a city” by replacing its existing light fixtures with energy efficient lighting in its 8 garages. The cost of the project was approximately $3 million.
Co-op City’s challenge was to locate a contractor that could undertake the project without requiring any capital contribution from Co-Op City. In order to provide for the energy efficient lighting at no up-front cost to Co-op City, Green Energy Management Services, Inc. (GEM), an energy management company, structured a shared savings contract in which the savings from the energy efficiency project itself covered the cost.
The challenge to GEM, which arranged for the replacement of the 6,100 light fixtures at Co-op City’s 8 parking garages, was how it could be paid up front, instead of having to receive payment over the 10 year term of the contract. Thus, a creative financing solution was needed to fund GEM, given the shared savings arrangement and variables within the garages. The process was complex and time consuming, but by selecting Barrett Capital to handle the financing, GEM secured a commitment to provide it with up front financing.
PROCESS & APPROACH
Barrett Capital developed and executed a financing plan, in line with its business model, which involved working closely with Co-op City, its excellent management team and advisors, and GEM to:
• Verify that the energy savings the originating energy services company projected would be realized despite the uncertainties at the Co-op City garages;
• Provide Co-op City with a meaningful financial incentive to achieve Co-op City board approval of the assignment of the contract to Barrett Capital;
• Arrange for the appropriate legal documentation that would be approved by New York State’s Division of Housing and Community Renewal (“DHCR”); and,
• Create a payment plan that would be simple and require minimal administration by Co-op City.
SOLUTION
Barrett Capital devised an innovative structure to finance the Shared Savings Plan, providing funding for almost $2 million, or 65% of the $2.9 million cost of the project. The New York State Energy Research and Development Authority (NYSERDA) provided a $1 million grant to fund the other 35% of the cost. Barrett Capital entered into an Assignment, Assumption & Indemnity Agreement with GEM taking an assignment of the Co-op/GEM Energy Shared Savings Contract. Upon receipt of fully executed documents from the Co-op, Barrett Capital paid GEM its $993,000 upfront payment.
To induce Co-op City to acknowledge the assignment from GEM to Barrett Capital and consent to an agreed upon payment schedule, Barrett Capital provided a financial incentive for Co-op City. In accordance with the Assignment Agreement, all representations and warranties stayed with GEM. Barrett Capital assumed the credit risk of the repayment from the savings.
Barrett Capital’s business model calls for bringing in an independent engineer to verify the projected savings. Since Barrett Capital is being paid back from the savings, its interests are aligned with the client, Co-op City.
On its site visit, Barrett Capital’s engineer learned that there was a maintenance facility being operated in one of the garages and a radio tower being operated from another. Both generating substantial additional electricity. Despite not knowing of these variables at the time, Barrett Capital’s structure was able to deal with them to everyone’s satisfaction.
RESULTS
Barrett Capital’s financing of the Shared Savings Plan resulted in a rare WIN-WIN-WIN.
WIN for Co-op City: A massive energy efficiency upgrade at no out-of-pocket cost, an incremental financial windfall and with substantial immediate savings on its garage energy costs on the order of $300,000 per year.
WIN for GEM: An infusion of nearly $1 million in cash, allowing the company to pursue and fund additional energy efficiency projects, as well as a validation of its business model.
WIN for the Environment: The projected energy savings, over the 10 year period, are expected to be on the order of 2,300,000 MWh which is the equivalent of taking 338,000 cars off of the road.
Barry P. Korn
Managing Director
bkorn@barrettcapital.com
Friday, June 7, 2013
Special MCC Announcement: MarketingWeekNYC™, July 15-19, 2013
Dear MCC Members:
MCC is pleased to announce a special new initiativeMarketingWeekNYC™, to be held July 15-19, 2013. MarketingWeekNYC™ is a week-long event created by the Manhattan Chamber of Commerce to address the one of the most important small business needs: how to attract and keep customers. MarketingWeekNYC™ will include a number of seminars that address a variety of marketing issues. Attendees will learn tips to help them attract and retain customers in the following verticals
- Marketing Strategic Planning
- Social Media
- Print, Radio and TV
- Public Relations
- Branding
Please see www.marketingweeknyc.com for more info or contact Laura Bucko at laura@manhattancc.org with questions or to request an event submission application.
MarketingWeekNYC Sponsors
Gold Sponsor
Silver Sponsor
Effective Negotiations Equal Higher Profits
By MCC Guest Blogger Marty Finkle, CEO, Scotwork North America (www.scotworkusa.com)
From: Scotwork North America (www.scotworkusa.com)
For: Manhattan Chamber of Commerce blog
Contacts
Jack E. Appleman, 845.782.2419 (jackappleman@yahoo.com)
Marty Finkle, 973.428.1991 (marty.finkle@scotwork.com)
(about 305 words, including bio)
Effective negotiations equal higher profits
By Marty Finkle, CEO, Scotwork North America (www.scotworkusa.com)
If you think quivering about price and then splitting the difference means you’re negotiating, think again. Leave price haggling for the auction block, and learn the eight critical steps to successful negotiation.
8-step process
Focus on value, not price
Don’t let price get in the way of a good deal. For example, if your vendor offers products for a 10% higher rate than you had wanted, but you get 18 months of free service, then you’ve gotten tremendous value—which probably outweighs that 10% price differential.
Bottom-line impact
Negotiation can be integrated into so many facets of your business. By mastering these techniques, you can bring more profits, higher value and more meaningful business relationships.
Contact Marty Finkle, author
Learn more by contacting the author, Marty Finkle, CPT, president of Scotwork North America (www.scotworkusa.com), which works with more than 100 companies in various industries. He is a renowned industry expert and sought-after speaker and one of fewer than 1,000 Certified Performance Technologists worldwide. marty.finkle@scotwork.com (973.428.1991).
For: Manhattan Chamber of Commerce blog
Contacts
Jack E. Appleman, 845.782.2419 (jackappleman@yahoo.com)
Marty Finkle, 973.428.1991 (marty.finkle@scotwork.com)
(about 305 words, including bio)
Effective negotiations equal higher profits
By Marty Finkle, CEO, Scotwork North America (www.scotworkusa.com)
If you think quivering about price and then splitting the difference means you’re negotiating, think again. Leave price haggling for the auction block, and learn the eight critical steps to successful negotiation.
8-step process
- Prepare: Clarify your objectives and your wish/concession lists.
- Argue: Perfect your opening statement, ask the right questions, listen to the answers, and exchange information.
- Signal: Help discover the other side’s true needs by paying attention to verbal and non-verbal signals.
- Propose: Trade specific items of greater value for those of lesser value.
- Package: Give them what they want—on your terms—and shape your proposal based on the unmet needs.
- Bargain: Put your conditions before offers and make If you…then I… statements like this: “If you agree to sign a 3-year contract, we’ll cut prices an additional 10%.”
- Close: Know when to bring a negotiation to a conclusion.
- Agree: Confirm that both parties accept the terms of the agreement.
Focus on value, not price
Don’t let price get in the way of a good deal. For example, if your vendor offers products for a 10% higher rate than you had wanted, but you get 18 months of free service, then you’ve gotten tremendous value—which probably outweighs that 10% price differential.
Bottom-line impact
Negotiation can be integrated into so many facets of your business. By mastering these techniques, you can bring more profits, higher value and more meaningful business relationships.
Contact Marty Finkle, author
Learn more by contacting the author, Marty Finkle, CPT, president of Scotwork North America (www.scotworkusa.com), which works with more than 100 companies in various industries. He is a renowned industry expert and sought-after speaker and one of fewer than 1,000 Certified Performance Technologists worldwide. marty.finkle@scotwork.com (973.428.1991).
Friday, November 16, 2012
Locate suppliers and asses your competition with MCC Partner Panjiva
Dear MCC Members and Business Associates:
We would like to introduce to you a terrific resource for you to locate suppliers, assess your competition and create leads for your sales team. MCC is in partnership with Panjiva and we hope you take advantage of this offer to grow your business!
Panjiva is an online resource for companies doing business across borders. With a back-bone of data from US Customs, supplemented with 24 additional data sources including the world wide web, Panjiva is able to provide in-depth information on over 6 million companies.
Through Panjiva you can find the following:
Develop a short, qualified list of potential suppliers for your company.
Track your competitors: who they're working with, what they are importing.
Create lead lists for your sales team.
Keep an eye on global trade trends so you and your business can respond quickly to shifts.
Access to Panjiva's data is offered on a subscription basis, and members of the MCC receive a special membership discount for joining Panjiva. You can learn more about Panjiva here, or if you would like to schedule a demo of Panjiva call them at 1-888-902-3511.
Again, we hope you will take advantage of this offer and use the valuable data available to grow your business!
http://www.manhattancc.org/common/resources/select_benefits.cfm?topicID=282&ClientID=11001
Wednesday, July 11, 2012
7-Eleven Expands Manhattan Operation and Franchise Opportunities
by 7-Eleven
NEWS RELEASE
Contact: Margaret Chabris, 7-Eleven, Inc.
972-828-7285; Margaret.chabris@7-11.com
July 11, 2011 -- 7-Eleven, Inc., the world’s largest convenience retailer and in its 85th year, is expanding the number of its locations in Manhattan with the goal of reaching 90 to 100 7-Eleven stores on the island by the end of 2017.
And with each new opening comes the opportunity for a local business person to become a 7-Eleven franchisee, backed by proprietary technology, equipment, products, processes, marketing and business support.
Currently there are 19 stores in Manhattan with a concentration in the downtown area, but the company is eyeing sites from the Financial District to Inwood.
Known for its Slurpee drinks and quick-serve fresh and hot foods, new 7-Eleven outposts arrived this year in the Bowery, Greenwich Village, Chelsea and Upper East Side.
Beginning next year, 7-Eleven plans to ramp up it growth, adding 20 more locations, ranging in size from 1,500 square feet to 3,000 square feet, every year for the next 5 years.
It’s all part of the company’s accelerated growth plan not only for Manhattan, but the other four boroughs as well as key metropolitan markets across the country.
“When you consider the population density, the number of workers and visitors in Manhattan, there's significant demand and growth opportunities for the 7-Eleven brand of convenience retailing,” said Dan Porter, 7-Eleven vice president of real estate. “Manhattan is a strong market for us, and we want to be accessible to Manhattanites, workers and visitors anytime they need us.
“In Manhattan, we prefer building store-front spaces in high foot-traffic areas, close to subways, hospitals, universities and residential areas,” Porter added.
Landlords, property owners and developers find 7-Eleven appealing because of its long history of providing convenience to consumers and investment-grade tenant rating.
7-Eleven store development and real estate information is available at
http://corp.7-eleven.com/RealEstate/tabid/180/Default.aspx.
In addition to providing at least 10 new jobs for each new store, 7-Eleven creates to franchise opportunities for local, qualified residents. Typically, the cost for a new 7-Eleven franchise runs between $200,000 and $700,000, depending on location.
The company also has a business conversion program whereby an existing business can convert to a 7-Eleven franchise. 7-Eleven will invest up to $250,000 to add its proprietary equipment and technology.
Plus qualified military veterans can franchise their first 7-Eleven store at a discount, with savings between $1,000 and $35,000.
The company is actively seeking qualified franchise operators in the New York City area.
As one of the world’s largest and most successful franchisors, 7-Eleven seeks candidates with the following qualifications:
financial background and successful experience in business or business ownership
retail, management and customer service–related experience within the US
commitment to invest time in initial 7-Eleven store operation training and to personally manage the day-to-day operation of a 24/7 convenience retail business
ability to motivate and train staff
an entrepreneurial drive
strong business ethics
good credit history
permanent US citizen and 21 years of age or older
Potential 7-Eleven franchisees can attend local and free, bi-monthly open houses and seminars on the 7-Eleven franchise system and long-term benefits of being a 7-Eleven franchisee, including acquiring multiple locations. Current, NYC 7-Eleven franchise event listings can be found at
http://franchise.7eleven.com/index.php/events?filter_type=state&filter=New+York
and information about 7-Eleven’s franchising programs can be found at
http://franchise.7-eleven.com/
About 7-Eleven, Inc.
7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises or licenses approximately 9,300 7-Eleven® stores in North America. Globally, there are more than 46,800 7-Eleven stores in 16 countries. During 2011, 7-Eleven stores worldwide generated total sales close to $76.6 billion. 7-Eleven has been honored by a number of companies and organizations recently. Accolades include: #2 on Forbes magazine’s 2011 list of Top Franchises for the Money; #3 spot on Entrepreneur magazine’s Franchise 500 list for 2012, #3 in Forbes magazine’s Top 20 Franchises to Start, and #2 in Franchise Times Top 200 Franchise Companies. Hispanic Magazine named 7-Eleven among its Hispanic Corporate Top 100 Companies that provide the most opportunities to Hispanics. 7-Eleven received the 2010 Retailer of the Year honor from PL Buyer because of the company's private-label brand initiative. 7-Eleven is franchising its stores in the U.S. and expanding through organic growth, acquisitions and its Business Conversion Program. Find out more online at www.7-Eleven.com.
http://www.manhattancc.org/common/News/articles/detail.cfm?QID=9278&classification=news&clientID=11001&topicID=0
NEWS RELEASE
Contact: Margaret Chabris, 7-Eleven, Inc.
972-828-7285; Margaret.chabris@7-11.com
July 11, 2011 -- 7-Eleven, Inc., the world’s largest convenience retailer and in its 85th year, is expanding the number of its locations in Manhattan with the goal of reaching 90 to 100 7-Eleven stores on the island by the end of 2017.
And with each new opening comes the opportunity for a local business person to become a 7-Eleven franchisee, backed by proprietary technology, equipment, products, processes, marketing and business support.
Currently there are 19 stores in Manhattan with a concentration in the downtown area, but the company is eyeing sites from the Financial District to Inwood.
Known for its Slurpee drinks and quick-serve fresh and hot foods, new 7-Eleven outposts arrived this year in the Bowery, Greenwich Village, Chelsea and Upper East Side.
Beginning next year, 7-Eleven plans to ramp up it growth, adding 20 more locations, ranging in size from 1,500 square feet to 3,000 square feet, every year for the next 5 years.
It’s all part of the company’s accelerated growth plan not only for Manhattan, but the other four boroughs as well as key metropolitan markets across the country.
“When you consider the population density, the number of workers and visitors in Manhattan, there's significant demand and growth opportunities for the 7-Eleven brand of convenience retailing,” said Dan Porter, 7-Eleven vice president of real estate. “Manhattan is a strong market for us, and we want to be accessible to Manhattanites, workers and visitors anytime they need us.
“In Manhattan, we prefer building store-front spaces in high foot-traffic areas, close to subways, hospitals, universities and residential areas,” Porter added.
Landlords, property owners and developers find 7-Eleven appealing because of its long history of providing convenience to consumers and investment-grade tenant rating.
7-Eleven store development and real estate information is available at
http://corp.7-eleven.com/RealEstate/tabid/180/Default.aspx.
In addition to providing at least 10 new jobs for each new store, 7-Eleven creates to franchise opportunities for local, qualified residents. Typically, the cost for a new 7-Eleven franchise runs between $200,000 and $700,000, depending on location.
The company also has a business conversion program whereby an existing business can convert to a 7-Eleven franchise. 7-Eleven will invest up to $250,000 to add its proprietary equipment and technology.
Plus qualified military veterans can franchise their first 7-Eleven store at a discount, with savings between $1,000 and $35,000.
The company is actively seeking qualified franchise operators in the New York City area.
As one of the world’s largest and most successful franchisors, 7-Eleven seeks candidates with the following qualifications:
financial background and successful experience in business or business ownership
retail, management and customer service–related experience within the US
commitment to invest time in initial 7-Eleven store operation training and to personally manage the day-to-day operation of a 24/7 convenience retail business
ability to motivate and train staff
an entrepreneurial drive
strong business ethics
good credit history
permanent US citizen and 21 years of age or older
Potential 7-Eleven franchisees can attend local and free, bi-monthly open houses and seminars on the 7-Eleven franchise system and long-term benefits of being a 7-Eleven franchisee, including acquiring multiple locations. Current, NYC 7-Eleven franchise event listings can be found at
http://franchise.7eleven.com/index.php/events?filter_type=state&filter=New+York
and information about 7-Eleven’s franchising programs can be found at
http://franchise.7-eleven.com/
About 7-Eleven, Inc.
7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates, franchises or licenses approximately 9,300 7-Eleven® stores in North America. Globally, there are more than 46,800 7-Eleven stores in 16 countries. During 2011, 7-Eleven stores worldwide generated total sales close to $76.6 billion. 7-Eleven has been honored by a number of companies and organizations recently. Accolades include: #2 on Forbes magazine’s 2011 list of Top Franchises for the Money; #3 spot on Entrepreneur magazine’s Franchise 500 list for 2012, #3 in Forbes magazine’s Top 20 Franchises to Start, and #2 in Franchise Times Top 200 Franchise Companies. Hispanic Magazine named 7-Eleven among its Hispanic Corporate Top 100 Companies that provide the most opportunities to Hispanics. 7-Eleven received the 2010 Retailer of the Year honor from PL Buyer because of the company's private-label brand initiative. 7-Eleven is franchising its stores in the U.S. and expanding through organic growth, acquisitions and its Business Conversion Program. Find out more online at www.7-Eleven.com.
http://www.manhattancc.org/common/News/articles/detail.cfm?QID=9278&classification=news&clientID=11001&topicID=0
Thursday, May 17, 2012
Manhattan Chamber of Commerce and InAJiffy.com Announce New Resource for Businesses
The Manhattan Chamber of Commerce and InAJiffy.com are very pleased to announce a partnership that provides businesses a free, easy and efficient way to find vendors for business products and services. Whether you are looking to buy a new phone system, get direct mail or email marketing services, install a surveillance system for your facilities or one of several other services, InAJiffy.com can simplify your vendor selection process.
What is InAJiffy.com?
InAJiffy.com is a powerful FREE, no-obligation service for businesses to request, receive, and evaluate quotes on a wide variety of products and services. InAJiffy.com aims to give businesses of all sizes access to the same buying tools and resources that are used by larger organizations.
Benefits of Using InAJiffy.com
InAJiffy.com is not just another directory with business listings and ratings. InAJiffy.com goes further by allowing business professionals to interact with other businesses in a way that facilitates exchange of information that enables efficient business dealings.
InAJiffy is FREE to everyone to request quotes. MCC members signing up to receive leads will receive 15% bonus credits for responding to leads and contacting customers. All MCC members will also have MCC logo/membership displayed in their responses.
You can use InAJiffy.com to:
Request FREE, No-obligation Quotes
· Reach multiple vendors with a single, anonymous, free request.
· Expand your reach and buying power.
Receive Multiple Responses
· Receive quotes from multiple vendors that want your business.
· Get serious, competitive quotes from verified vendors.
Compare Received Quotes
· Receive quotes in easy-to-compare formats.
· Sort, delete, compare, short-list, and interact with vendors as you wish.
· You decide whether or not to buy, whom to buy from, when to buy, and how to buy.
Protect Your Privacy
· Say NO to spam and unsolicited calls! InAJiffy.com never gives out your details.
· Choose who contacts you & when.
How Can You Use InAJiffy.com
InAJiffy.com is free and simple to use. Just visit InAJiffy.com and start a new request for quotes in the category that you need. You will create an account at the end of the process which takes 2 minutes!
Related Links
Start a New Request for Quotes
About InAJiffy.com
Contact InAJiffy.com
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