Category Archives: Business Growth

Protecting Your Business and Preparing for the Unexpected: Potential Gaps to Look Out For

Country Financial

National Small Business Week is celebrated this month. This year’s theme spotlights the resilience of America’s entrepreneurs and the renewal of the small business economy. That is indeed something to celebrate. As we’ve seen, in today’s world, it’s vitally important to be proactive to protect ourselves and our businesses from the unexpected. Fire, vandalism, cyber-attack, power outages, a global pandemic, are all examples of things that can happen and affect your business in various ways. Different businesses and services have different coverage needs. If you specialize in food service, construction or offer a professional service, there are different considerations to take into account. Reviewing your policy with your insurance carrier on a regular basis is a good idea and if you are leasing your space, talk to your property owner to find out what you’re responsible for in the event of a loss.

From my experience working with business owners I’ve noticed many coverage gaps that can leave a business owner vulnerable. Here are some of the common gaps to look out for:

Business income coverage: This protects you from a loss of income if your business closes due to a covered loss such as a fire, theft or a disaster event. For example, if a fire caused damage to a restaurant and its cooking equipment and it had to close for three months, business income coverage would cover the loss of income the restaurant would have earned during the period it takes to get back up and running.

Data breach coverage: Businesses leveraged online tools and resources more than ever this past year, to take orders, communicate with customers, even sell merchandise online. All of these activities create potential exposure to risk. Data breach coverage may cover the expense of the data breach response, data breach liability and legal fees.

Equipment breakdown: If your company experiences an equipment breakdown that leads to financial loss, this coverage will cover that loss as well as the expense to replace or repair the equipment up to the building and personal property limit.

Care, custody and control: This coverage is especially important for businesses such as contractors who perform work at a customer’s property. This is liability coverage for the customer’s property that’s in your possession if it’s damage or destroyed. For example, if you’re a paint contractor and damage a homeowner’s giant flat screen TV when you’re remove it from the wall, unless you have care, custody and control insurance, you may be liable to replace or repair the TV.

These examples are by no means exhaustive and there are variations depending on your type of businesses. If you have questions regarding your current business policy, contact your insurance representative to ensure you have the proper coverage for your needs. Additionally, you can find more information at Business Coverage Options – COUNTRY Financial.

27513 Baxter T

Terrance Baxter is an insurance agent with COUNTRY Financial in Tualatin Oregon. He can be reached at terrance.baxter@countryfinancial.com or (503) 454.4494 with questions.

City of Tigard New “Advance Tigard” Program

Advance Tigard

Recruitment and hiring are extremely difficult, and it’s more challenging than ever for employers to attract quality talent. Replacing an existing employee is also incredibly costly. Between lost productivity, impacts on company morale and the true cost of recruitment, turnover expenses add up. Focusing on employee retention is the best way to avoid these unnecessary expenses. By helping entrepreneurs promote their exemplary employees, Advance Tigard a win-win for business owners and workers.

Advance Tigard is a career advancement program that helps Tigard residents working in Tigard at Tigard-based businesses. Managed by the City of Tigard’s economic development team in partnership with non-profit partner Immigrant & Refugee Community Organization (IRCO), this program provides a matching grant for career education/training when an employer and employee work together to develop a training and advancement plan and make a financial commitment to advancing the employee’s career.

Any Tigard resident who works for a company located in Tigard is eligible to apply. Working together, an employee and employer decide on the appropriate training and write a simple training and advancement plan. Your training and advancement plans should include the proposed training name, credential received (if applicable), preferred training provider, and the potential advancement that could result from this training. All of these elements are listed in the application.

Through the application below you can apply for a City of Tigard grant to help cover the cost of education/training that advances your career with your current employer. Employees and employers should work together to complete the application. Once the application is received and approved, a career coach provided at no cost will, if needed, guide and support the employee and employer to attain the training and advancement goals.

Apply Here

Advance Tigard Process

  1. Employee and employer use the link above to complete an application.
  2. City of Tigard staff and IRCO career coaches review application a notify applicants of training grant award amount. In most cases, payment will be made directly to the training provider.
  3. Employee and employer review and sign a training program agreement outlining the training details, program cost share, etc.
  4. Employee completes education/training and notifies City of Tigard staff/IRCO career coach upon completion.
  5. Employer/employee notifies City of Tigard/IRCO about the career advancement if/when that happens.

The City of Tigard has limited grant funding for this new workforce development program to help Tigard residents develop skills to advance their careers with their current employer. Applications will be considered as long as funding is available.

Advance Tigard Priorities

  • Incumbent Employees who are employed and have a potential career path with their current employer in the City of Tigard.
  • Education/Training for professional development/certifications or similar training that an employer recognizes as a skill advancement (not tuition for a 2-or 4-year degree).
  • Residents from low income households.
  • Small businesses without an employee training program.

City funds will be paired with employer and employee contributions for use within 12 months. The education expense must relate to a professional development/training/certification agreed to by the employee, the employer and the city/IRCO. The education experience must advance the skills of the employee in a way that qualifies them for a new higher-paying position with their current employer.

City of Tigard Drive-Thru Hiring Event

Drivethru Hiring

Drive-Thru Hiring Event

When: September 15, 2021, 10:00 AM – 12:00 PM (set-up for employers starts at 9:00 AM)

Where: 14275 SW Milton Ct, Tigard, OR 97224

Cost: FREE

What is a Drive-Thru Hiring Event?

Think of it as a pop-up career fair on the street with social distancing in place to talk to job seekers. You will have space to set up your table, chairs and a canopy (if you would like shade). We’re providing the drive through location with elbow-room and a chance for you to talk with job seekers looking for work. Job seeker are invited to drive-thru and stop for a chat at your location or park and walk up for a visit if they choose. Employers must bring their own tables, chairs and canopy (optional).

This hiring event will be advertised on the WorkSource Oregon homepage, LinkedIn, Facebook, Twitter, and Eventbrite. WorkSource Oregon will also use a Fast Pass notification emailed to job seekers in the Portland Metro area and Yamhill County, covering over a thousand job seekers of job classifications that represent the positions being offered at the event.

This is a great way to do a quick screening. You’re also welcome to collect resumes. In previous events like this, we’ve seen good use of handouts with instructions on contacting you for the next step if you are interested in the candidate.

Employer Requirements

The main requirement for employers is that you post your open positions with WorkSource. Call 503-257-HIRE (4473) for assistance with posting your jobs. We will also ask you for the names of job seekers you hire to help justify the expenditure of time and resources to produce this program.

This event is open to employers free of charge. Space is limited. To reserve a spot for your business at this event, contact Barbee Williams, Barbee.A.Williams@oregon.go(External link)(External link)v(External link). Registration ends September 1.

Call for Survival – Live Events Business Grant Program Ask

tigard chamber logo blue

May 19, 2021

Joint Committee on Ways & Means

 Oregon State Capitol

900 Court Street NE Salem, OR 97301

Senator Johnson, Senator Steiner Hayward, Representative Rayfield and Committee  members,

On behalf of the Tigard Chamber of Commerce and our members through the south metro region, thank you for the opportunity to submit a letter of support for the Shuttered Events Business grant proposal.

Following the leadership of the Live Events Industry of Oregon (LEIO), we are fully supportive of their proposal to appropriate American Rescue Plan Act (ARPA) funds to create a grant program to aid struggling event businesses. While we are appreciative of the federal Shuttered Venue Operators Grant (SVOG) program, a large segment of the industry was unable to take advantage of the program due to the requirement for a physical venue space.   We only found 1 member in our almost 300 member businesses that met the qualifications of that targeted program even though we have many members with venues or that are businesses that generate a significant portion of their business from live events.

We learned first-hand the far reaching impact of the pandemic on the Live Events Industry when LEIO participated as a sector panelist during our State of Business Forum in March 2021.  The economic devastation to this sector is unparalleled. They have been and continue to be the slowest sector to recover due to our restrictive limitations on gatherings and events.  The metro area has been particularly hard hit given our population density and risk classifications. As just one example, we have caterers that have seen a 90% reduction in business during the pandemic! 

The south metro region of which Tigard is a part, hosts numerous events and attractions for both community and visitors alike.  Examples include the Tigard Festival of Balloons, the Downtown Tigard Street Fair, local city Community Awards Galas or Galas/Events held by our non-profits or attractions like iFly.  Not only are the events this industry produces a vital part of what makes our community unique, but they provide significant downstream economic benefits from sub-contractors and vendors as well as the associated spending.

Thus we support the proposal offered by Representatives Nosse and Lively to create a one- time grant program that can benefit the entire event industry.

The proposal laid out by LEIO is well thought out and prepared to maximize the investment for all sectors of the event industry. In a snapshot it includes:

  • Well-defined eligible businesses, including General Events Industry Business Sectors such as Event Planning and Production, Audio-Visual, Lighting, and Staging Providers, Special Event Operators, and Amateur Sporting Event Operators among others. The list of eligible business would also include vertical market events such as concerts, sporting events, theatre, art and music events etc.
  • Focus on small business with a cap of 150 employees or less
  • Rolling application periods to support the hardest hit businesses, including priority access for entities with a 75% or larger drop in revenue from prior year; followed by 50% drop in revenue and so on.
  • Specific allowable uses for grant funding, such as payroll costs, rent or other commercial building expenses, utilities, ordinary operating costs, existing business asset loan payments, and PPE.

The proposal is for an allocation of one-time ARPA funds of $108M in order to provide the broad reaching support to these struggling small business and sole proprietors across our state. While this is a significant amount of funding, the one-time nature of a grant program is exactly what these federal funds are intended to accomplish.

We appreciate your consideration of this important request for our community, and understand that this request is just one among many you will receive.  Thank you for the opportunity to highlight this key need in our community and for this sector.

Best Regards,

Debi Mollahan CEO

Tigard Chamber of Commerce

Vote YES for a Thriving Downtown Tigard Community

Phase2 b3

The Tigard Chamber endorses Measure 34-305 and supports a YES vote.

Measure #34-305 City Center Urban Renewal Plan Amendment

The Question:
Shall the City amend the City Center Urban Renewal Plan, including increasing the amount of maximum indebtedness?

  • If the measure passes, it would increase the total amount of money that could be collected (maximum indebtedness) by $20.8 million and the length of time (duration) of the Urban Renewal Plan by nine years. 
  • If the measure does not pass, the total amount of money that can be collected would not be increased, and the duration of the Urban Renewal Plan would not be extended. 

The Tigard Chamber of Commerce endorses/supports Measure 34-305 as we see the benefit to both our business community as well as the community at large.  More investment into our city center in the form of trails, affordable housing, parking, public space, mixed use and streets all combine to increase our downtown vibrancy, attract business investment and make it a place where community gathers and businesses thrive.  Business and community are interdependent and this measure benefits both sides of the equation. 

We recommend a yes vote on this measure as it does not increase taxes, merely extends for period of time for the Urban Renewal Area and funds much needed infrastructure and will benefit both business and community alike!

You can learn more about this measure in this informative recorded presentation/panel we did with the City of Tigard that explains what urban renewal is, how it is funded, and what types of projects this amendment to the plan would fund. 

Thank you for reading and please vote!