Title
Business Appreciation Proclamation Program (NB)
Explanation
On June 15, 2004, the City Commission directed the City Manager and the General Manager for Utilities to investigate a Business Appreciation Proclamation Program designed to call attention to the contributions of business to the City's overall well being. Over the past few months, the Economic Development Director has worked with partners through the Gainesville Area Chamber of Commerce Small Business Council to put together a proposed program complimentary to existing programs. The proposed Business Appreciation Program has been reviewed and accepted by the City Manager and the General Manager for Utilities.
The intent of the program is to recognize City business on a quarterly basis through a City proclamation provided by the City Commission utilizing Small Business Administration (SBA) criteria as the basis of said proclamation. Although it is likely that the majority of business recognized through the program will be small to medium size based upon the preponderance of this business type in the community, this will not preclude recognition of other larger business entities and their local affiliates. This opportunity and approach to business recognition brings the Gainesville Area Chamber of Commerce and SBA on board to create a seamless recognition process and increases the prospective pool for business recognition at all levels of government.
The proposed criteria to be used in judging nominated businesses is the following:
· Staying Power: A substantial history as an established business.
· Growth in Number of Employees: A benchmark to judge the impact of the business on the job market.
· Increase in Sales and/or Unit Volume: An indication of continued growth.
· Current and Past Financial Reports: Substantiating the improved financial position of the business, a profit-and-loss statement and balance sheet for the last three complete years. Optional; may not want ...
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