LABA Business of the Week

Litchfield County Commercial Realtors

A listing of all LABA members is available on the LABA web site.

LABA is a network of area business owners and managers whose purpose is to support and shape the future of the business community. It's a great way to network with other business owners in the area and share successes and concerns.

The next LABA meeting is Tuesday, September 21 at 12:00 Noon at the Litchfield Firehouse

LABA meets on the third Tuesday of each month.

To join LABA, visit the web site at www.laba-ct.bz.



Financial Seminars offered at Litchfield Community Center
Dates: Mondays September 27, October 4, October 18, October 25
Time: 7:00 PM -8:30 PM
Place: Learning Center, Litchfield Community Center
Cost: There is no charge for this informative seminar, but we are asking that you make a $10.00 contribution to The Community Center
Presented by: Sky Post, Financial Advisor of the Hartford, Connecticut Waddell & Reed office
Coffee and Snacks will be served.

Investments – Focus on 2020
The Case for Equities in the Decade Ahead
The severity of recent market events has many investors focused on short-term safety and short-term performance. Attend this seminar to learn why it may be more appropriate to focus on the long-term and why equities are worth considering for your portfolio.
Roth IRAs – Focus on 2010
Understanding how Roth IRAs can help in 2010 and beyond
Asset Allocation – Focus A Must
Asset Allocation – the most important investment strategy
Dollar Cost Averaging – Focus Now
How investing on a schedule can be productive in a down market

For more information & to register:
The Litchfield Community Center 860-567-8302
Sky Post: 800-706-3005 x119
email spost@wradvisors.com



Litchfield Hills Business Energy Efficiency Program

Litchfield Contact: Roxanne Carroll, First Selectman’s Office, Town Hall
The Litchfield Hills Council of Elected Officials believes that promoting energy efficient commercial buildings is important to the economic health of the Litchfield Hills region. The intent of the Litchfield Hills Business Energy Efficiency Program (BEEP) is to strengthen the economic viability of the region's businesses through a comprehensive energy efficiency improvement program. By providing a financial incentive for improving the energy efficiency of business buildings, we hope to stimulate reinvestment in those buildings and facilitate local economic development.





Litchfield bank execs participate in regional survey presentation

Joe Greco, regional president of Union Savings Bank in Litchfield and Mark Macomber, president & CEO of Litchfield Bancorp participated in a panel discussion after the latest regional survey results about NW CT businesses were presented by CBIA research economist, Jason Giulietti on August 2, 2010 at the NW CT Chamber of Commerce.

Both Litchfield Bancorp and Union Savings Bank were sponsors of the 2010 Survey of Northwest Connecticut Businesses conducted by the CT Business & Industry Association (CBIA) in partnership with the NW CT Chamber of Commerce. Complete results including video clips of the presentation and panel discussion are available at www.nwctedc.com (NW CT Economic Development Corporation web site).



The Litchfield Inn is pleased to announce the arrival of Executive Chef Stephen Lopane.

Chef Stephen is an experienced and professional Executive Chef who has worked in some the most highly successful establishments throughout the New England area and brings to the Litchfield Inn a level of professionalism, coupled with a creative cooking expertise that will enhance the Inn as a venue for all.

Chef Stephen is a graduate of the Culinary Institute of America, and has traveled extensively to enhance his knowledge of cooking. His menu will be focused on New England seasonal produce with a slight European twist.

For further information please contact Christopher Houghton, General Manager on 860-567-4503 or Christopher@cjhoughton.com

The Litchfield Inn, 432 Bantam Road, Litchfield, CT, 06759



Bantam Fuel President Testifies before
Environment Committee of the Connecticut Assembly

Legislation that will reduce sulfur and require increasing levels of biodiesel in home heating oil supplied by Bantam Fuel and other Connecticut oil dealers has been signed into law by Gov. M. Jodi Rell effective July 1.

Rell's approval of Senate Bill 382 came after the legislature, which heard testimony from Bantam Fuel President Peter Aziz, voted in support of the measure.

Aziz testified before the legislature's Environment Committee in March and explained Bantam Fuel's success with its Bantam BioHeat fuel over the last four years. Bantam BioHeat, Aziz testified, doesn't cost more than regular heating oil, performs well in cold weather, and burns with greater efficiency.



Litchfield Bancorp featured in ABA Bank Marketing Magazine
Press Release (7-27-10)

Mark Macomber, of Litchfield Bancorp; Lynn LaGattuta, and Wendy Gladstein of In-House Marketing, LLC and Paul McLaughlin, of Litchfield Bancorp with the ABA Bank Marketing Magazine’s July/August issue which features the Litchfield Bancorp re-branding campaign, Every Customer Counts.

Litchfield Bancorp's effort to reinforce its image as an institution that puts customers first is featured in a story in the July/August edition of the American Bankers Association's Bank Marketing Magazine.

The bank's Every Customer Counts marketing program was launched in March and is designed to ensure long-term performance at a time when the banking industry is facing economic upheaval and customer skepticism.

Litchfield Bancorp President and CEO Mark Macomber was interviewed for the story as were Wendy Gladstein and Lynn LaGattuta of In-House Marketing, LLC of Litchfield, the marketing firm that developed the bank's campaign to re-brand its image.



U.S. Hotel Industry - big drop in 2009 revenue
Press Release (7-14-10)

The U.S. hotel industry ended 2009 with the lowest room revenue since 2004 and the biggest drop in revenue per available room since the data has been tracked, according to the annual Hotel Operating Statistics study from Smith Travel Research.

Room revenue was $92.4 billion, compared with $85.2 billion in 2004, and a 14.2% decline from 2008, the study showed. Total revenue for the industry declined $13.4 billion, to $127.2 billion. Gross operational profit fell from 38.2% to 34%. "It is clear that 2009 was a devastating year for the hotel industry," said Mark Lomanno, STR's president. "Although the worst appears to be behind us, there is still a long way to go before the industry completely recovers from the effects of what amounts to the worst year for hotel performance in memory."
(www.BusinessTravelNews.com, 7/12)

contributed by
Janet L. Serra, Executive Director
Litchfield Hills & Fairfield County
Western Connecticut Convention and Visitors Bureau



Founders Insurance Group featured in first
Social Media book for Insurance Brokers
Recently released “Social Media for Insurance Brokers”
by Ash Patel & Brad Golchin

Founders Insurance Group was chosen as a case study in a new publication “Social Media for Insurance Brokers” by Ash Patel & Brad Golchin of Markezing. The book is the first of its kind that teaches insurance agents and brokers how to use social media to increase brand awareness and ultimately sales.



"Community Day" at Litchfield Bancorp

Litchfield Bancorp hosted the 15th annual "Community Day" on Saturday to thank their customers and the entire community. The Forbes Flyers performed their rope jumping skills and bouncy houses, face painting and food were all available free of charge.

Video - Forbes Flyers at Bancorp's Community Day





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