November Newsletter 2009 by xiuliliaofz


									                  G REATER M YSTIC C HAMBER                       OF   C OMMERCE

                    T HE E NTERPRISE
                              V OLUME 27, I SSUE 11      N OVEMBER 2009

                D ON ’ T M ISS M YSTIC ’ S H OLIDAY E VENTS !
                                  Santa Arrives by Tugboat
                              Saturday, November 28th 2 pm
     Take part in the thrill as Santa Claus arrives in Mystic on the John Paul tug
     boat. Precisely at 2:00 pm, Santa will arrive at the dock of the Mystic River
     Park. He will greet the crowds and listen to all the children’s holiday wishes.
     Come and enjoy the Christmas carols while waiting for Santa to arrive.

                  Holiday Lighted Boat Parade and Tree Lighting
                          Saturday, November 28th 6 pm
     Join us as the Mystic Christmas Tree is lit in the Mystic River Park at 6 pm
     and don’t miss the nautical parade. Watch 25 decorated vessels--from
     dinghies to sailboats--parade down the Mystic River at 6:20 p.m.
     Spectators and judges will gather in the Mystic River Park. We will also be
     collecting toys and warm clothing for the Pawcatuck Neighborhood Center.
                                                       Historic Downtown Mystic Stroll
                                                      Tuesday, December 8th 6 pm - 9 pm

                                                 Stroll the streets of Historic Downtown
                                                 Mystic, and listen to the carolers rejoice in
                                                 the holiday spirit. Merchants will keep their
                                                 shops open late so everyone can get a head
                                                 start on their holiday shopping while enjoy-
                                                 ing hot cider and cookies in the shops.
                                                            Groton Lights Parade
                                                        Saturday, December 5th 5 pm
                                                  Join the thousands of people who watch the
                                                 parade each year. Afterwards join the GBA
                                                 for the tree lighting, visit with Santa, enjoy
                                                 hot cocoa, cookies and other hometown
                                                 holiday festivities.
                                                             For more information visit:

Greater Mystic Chamber of Commerce • Phone: 860.572.9578 • Fax: 860.572.9273 • Website:
V OLUME 27, I SSUE 11                                                                            P AGE 2

 Business After Hours 2009 5:30-7:30 pm               C HELSEA G ROTON ANNOUNCES
 November 10 The Red Door Spa, Groton                    NEW B RANCH M ANAGER .
 December 1    East Coast Catering,            Chelsea Groton Bank is proud
               New London                      to announce Debra Olsen as the
 January 12    OC’S Pool World & The Pizza     new Branch Manager of the
                                               Pawcatuck office, located at 116
               Grille, Mystic
                                               West Broad Street. Debra has
 February 9    Hospice Southeastern            over 27 years of banking experi-
               Connecticut, Norwich            ence.
   Groton Business Association 7:30 am         She studied Business Manage-
                                               ment at Bryant College and has
 November 19     Ella T. Grasso Southeastern
                                               completed numerous courses through the American
                 Technical High School
                                               Institute of Banking, the American Bankers Association,
 December        No meeting                    American Management Association and Omega Con-
                                               sumer Lending.
     Business Before Hours, 8:00 am            Debra can be contacted at 860-599-2406.
 November 5 Apple Rehab formerly Mary
            Elizabeth , Mystic
 December 3 Stonington Natural Health,            C ALLING ALL I TEMS FOR THE G REATER
                                                     M YSTIC C HAMBER OF C OMMERCE
 January    No Meeting
                                                                  S ILENT A UCTION AND
   Interested in Hosting an Event ?
   Call Tricia Walsh at (860) 572-9578                             We need your help
                                                                   gathering items for the
       Interested in a Passport?                                   silent auction. Please
                                                                   consider donating an
     Now is the time to order one!                                 item or a service!
   Save money, don’t worry about
   RSVPing and have a professional               Concerned that your business doesn’t
      permanent name badge.                      translate well to auction items? Con-
                                                 sider donating a gift certificate or
     Only $100 for an entire year of             buying a unique item to donate.
        Business After Hours.                    The Dinner and Auction benefit the
                                                 Mystic Chamber.
                                                 Contact the chamber for more infor-
                                                 mation: (860) 572-9578.
V OLUME 27, I SSUE 11                                                                                P AGE 4

    On September 1st, Stonington Natural Health Center welcomed Naturopathic Doctor, Stephanie Bethune, ND, to their
 collaborative of integrative practitioners at Quiambaug Cove. SNHC now offers a full compliment of natural healthcare to
 the community.
    Dr. Bethune confirms that Americans will continue to face a healthcare crisis unless solutions are found. Naturopathic
 doctors (ND's) are the solution as they are educated in all the same sciences and diagnostic techniques as MD's, yet they are
 also trained in holistic and non-toxic therapies. With extensive training in both family internal medicine and pediatrics, Dr.
 Bethune specializes in promoting a healthy lifestyle for all members of the family. She does this through: Nutrition, Pain and
 Stress management, Herbal medicine, Homeopathy, Detoxification, and Weight loss programs.
    Dr. Bethune’s training bridges eastern and western medicine so in addition to her wide expertise in promoting preventive
 medicine, she is fully experienced and ready to diagnose and treat the acute onset of common ailments and chronic condi-
 tions as well. Given this goal and taking into consideration the busy lifestyles so many of us lead, she is not only available for
 traditional office hours but also offers specially scheduled appointment times convenient for patients needing to miss school
 or work due to illness.
    Feel better soon with Dr. Bethune!

    Mystic Funeral Home announced that Director, Stephen King, has received recertification for the designation of Certified
 Funeral Service Practitioner (CFSP) from The Academy of Professional Funeral Service Practice (APFSP). APFSP is a
 voluntary certification program available to funeral service practitioners that shows families a commitment to service, the
 community and higher-learning.
    “When a death occurs it can be difficult for the family to handle all of the necessary arrangements, while often dealing with
 considerable grief,” said Stephen King, Mystic Funeral Home Director. “As a Certified Funeral Services Practitioner, I
 provide support and guidance to families through the grief process.”
    Qualifying for professional certification from the APFSP requires activities such as: attendance at conferences; completion
 of courses offered by associations and accredited institutions of higher learning; serving as a speaker; published articles;
 completion of home study, on-line learning, or web-based training. The Academy evaluates these activities and, where
 appropriate, awards credit in the form of Continuing Education Units (CEUs). Credit is awarded in one of three categories:
 Academic, Professional Funeral Service, and Civic. The average length of time a member takes to earn the CFSP designation
 is approximately two years. To maintain certification the member must earn 2.0 CEUs (20 hours) per year.
    Mystic Funeral Home has been serving the Mystic area for over 20 years. Director Stephen M. King has many years of
 experience in this profession. Mystic Funeral Home is a full-service, family-owned funeral home, caring for the needs and
 desires of every client and their family. Well-versed in the special funeral traditions of all faiths, ethnic backgrounds and the
 military, Mystic Funeral Home can assist in completing all of the arrangements making every ceremony personal, meaningful
 and truly reflective of the life that was lived. For more information visit:
P AGE 5                                                                                                 T HE E NTERPRISE


   Hospice Southeastern Connecticut is pleased to announce that on Thursday, November
 12, 2009 from 6 to 8 p.m. at Lawrence & Memorial Hospital in New London, Connecticut,
 Dr. Kenneth J. Doka will be presenting a lecture on "Living with Grief: Making it Through
 the Holidays.”
   Dr. Doka is a noted grief educator and author of many books including “Men Don’t Cry,
 Women Do” and “Living with Grief and Alzheimer’s Disease.” He is a regular panel mem-
 ber for the nationally broadcast "Living with Grief" teleconferences sponsored by the Hos-
 pice Foundation of America and moderated by ABC News Correspondent, Cokie Roberts.
 Dr. Doka will be on hand after the lecture to personally sign copies of his books available for Dr. Kenneth Doka
   Hospice Southeastern Connecticut is a non-profit community based organization that provides end of life care in
 the home and often in skilled nursing facilities to patients of any age with any terminal illness. It also provides be-
 reavement services to anyone experiencing grief and loss in the southeastern Connecticut community.
   The lecture is a continuation of Hospice Southeastern Connecticut’s 2009 Grief Lecture Series, made possible
 through their Community Bereavement Program in collaboration with Lawrence and Memorial Hospital. The
 event is free and open to the public. To register, call (860) 848-5699 or email

                                                                 M YSTIC G ARDEN C LUB B EAUTIFIES M YSTIC !
                                                                   A major project of the Mystic Garden Club is the
                                                                 planting and maintenance of the attractive flower
                                                                 boxes on Main and Cottrell Streets and at the
                                                                 Welcome Center at the Mystic Depot .
                                                                   This year they have replaced all of the old boxes
                                                                 with larger and more durable boxes and added
                                                                 several new ones, for a total of 43 boxes. The
                                                                 Garden Club designs, plants and maintains all of
                                                                 these colorful displays, changing them with the
                                                                 season. For more information or if you would like
                                                                 to contribute to this worthy project, please e-mail
                                                                 Connie Blair at

                                                                   Shown in the photo above are Amy Bush and Pam Arguelles.
                        Greater Mystic Chamber of Commerce

                                          Business After Hours
                           Red Door Spa at Mystic Marriott Hotel
Date:                                                                        Network for Success
November 10th
                                                                              Join us every month
Time: 5:30– 7:30 pm                                                           before the Business
Cost: $10.00 Members                                                               After Hours.
      $20.00 Billed and                                                    This is a series designed to
                                                                           help you get the most out
                         Not Yet Members                                     of networking events.
                                                                                 Free of charge
                        Red Door Spa                                          Meetings begin at 5pm
                        Mystic Marriott                                     and will always be held in
                                                                             the same location as the
                        625 North Road                                        Business After Hours.
                        Groton, CT
                                       To RSVP Click Here:

                                            Business Before Hours
                                               At Apple Rehab
                                          (Formerly Mary Elizabeth)
                          Date: Thursday, November 5th            Monthly Meeting and
                          Time: 8:00 am                            Business Updates.
                          Location: 28 Broadway, Mystic

                               Sign Up & Reserve Your Space Today ! Call 860-572-9578

Greater Mystic Chamber of Commerce—P.O. Box 143—Mystic, CT 06355      Phone: 860-572-9578   Fax: 860-572-9273
V OLUME 27, I SSUE 11                                                                                           P AGE 8

                                        Y EAR -E ND F INANCIAL T IPS
       As year-end quickly approaches, it's a good time to remind employees to begin
  thinking about next year's financial goals. Reviewing their contribution rate to
  401k plans, and their asset allocation, is time well spent. Asset allocation is the
  main driver of results in 401k plans, and employees should compare their financial
  goals to the average return and volatility provided by various asset classes to
  increase chances that the investment mix will provide the desired outcome.
       Remember, last year's hot investment theme is unlikely to be next year's hot
  investment theme. Investors are usually better off sticking with a well thought out
  allocation that is based on returns over long periods of time. After last year's stock
  market meltdown, there is an increased likelihood that stocks will outperform
  other asset classes going forward. Many 401k plans offer "Target Retirement" date
  funds that feature an asset allocation based on an employee's intended retirement
  date. These funds generally assume employees will need continuing portfolio                  Kent W. Gladding
  growth well after their retirement date, and therefore tend to include significant
  equity allocations.
       Also, in a rising interest rate environment, which is very plausible as we move forward, most bond funds
  will likely generate losses as the value of already-issued bonds reflect higher interest rate levels. Investors
  should consider "interest rate risk" when they invest in bond funds if they cannot tolerate a loss of principal,
  even a temporary one.
       As always, a trusted financial advisor will be able to provide information on retirement planning for you or
  your employees.

          Kent W. Gladding is a Vice President and Investment Officer for Washington Trust Wealth Management.
                      To speak with a Wealth Management trusted advisor, call 1-800-475-2265.
V OLUME 27, I SSUE 11                                                                                                P AGE 8

          E XCITING N EWS FOR C HAMBER                                               GOT COATS?
               M EMBER N EIL R YAN                                   Have your children outgrown last
   Twenty years ago, the first Wireless Zone store was            year’s winter coats? Last year we dis-
opened in Madison, CT, building the foundation that               tributed over 200 donated winter coats
launched the brand to the overwhelming success that it has        to Riverfront children and their siblings.
today. Wireless Zone is now the nation’s largest wireless         Please, remember Riverfront’s children
retail franchise of Verizon Wireless service and products and     when you go through your children’s
is on pace to have a record year, opening 100 new locations.      closets this fall. We need used winter
  In September, two experienced Wireless Zone entrepre-           coats in all sizes.
neurs, Scott Gladstone and Neil Ryan, wanted to revive the           Every coat already donated this fall has left the build-
success of that very first location and moved it to Guilford to   ing in less than one day! The need is great; you can help
serve the same community that assisted in the brand’s nation-     us meet it before cold weather really sets in!
wide growth. The store, managed by Steve Nowak and                   We also gratefully accept gently used, outgrown
Barry Gross, is now open at 864 Boston Post Road next to          children’s clothing. Please bring your donations to:
Wal-Mart and Big Y.                                               Riverfront Children’s Center at 476 Thames Street,
                                                                  Groton. We are open Monday - Friday, 8 am to 5 pm.
   “This is a historic store as it was the first in the entire       You can also drop coats off at the Greater Mystic
Wireless Zone franchise system, which is now over 365             Chamber of Commerce!
strong” Gladstone said. “This new location in Guilford sym-          For more information, please contact Susan Bailey at
bolizes the longevity and strength of the brand.”                    445-2831 or by e-mail:

                                                                    C ONNECTICUT O FFERS H OMESCHOOLERS ’
  Newport Federal Savings Bank                                                S CIENCE P ROGRAMS
President and Chief Executive                                      The Children’s Museum of Southeastern Connecti-
Officer Kevin McCarthy has an-                                    cut, 409 Main St., is offering a series of inquiry-
nounced the appointment of                                        based science classes for home-schooled children.
Mary Lou Lamontagne as the
Business Development Officer in                                    The 6-seek “Science for ’Schoolers” series begins on
Stonington Connecticut.                                           Wednesday, Nov. 4, at 1:30 pm, and runs though
   Mary Lou will be responsible                                   Dec. 16. There is no class on Nov. 25.
for establishing and servicing                                     Geared for 5-8 year olds, the 45-minute programs
new deposit relationships with                                    include science projects, stories, and art. Classes use
business, non-profit and personal                                 inquiry-based teaching techniques that help children
customers. She will be developing leads and referrals for         develop critical thinking, language, literacy, and so-
loans as well as merchant services and she will be calling on
                                                                  cial skills. The process includes exploration, ques-
perspective new clients and servicing existing deposit rela-
                                                                  tioning, discovery, testing, and understanding. In-
                                                                  quiry-based strategies are directly related to the new
  Mary Lou’s previous banking experience was as a Senior          Connecticut Science Framework standards.
Collection Manager at BankBoston and worked at Verizon as
an Advertising Account Executive and at AT&T as a Small            The series costs $66 for museum members and $96
Business Account Executive. Mary Lou is a member of the           for nonmembers, which includes the cost of museum
Southeastern CT Women’s Network, Eastern CT Chamber               admission. Call to register: (860) 691-1111, or visit
of Commerce, TeamWomen, Girl Scouts of RI and both the   for information.
Mystic Chamber of Commerce and the South Kingstown
Chamber of Commerce. Mary Lou resides in Richmond, RI
with her husband and two daughters.
V OLUME 27, I SSUE 11                                                                                   P AGE 11


I’ve been working for
Citadel for about 2 ½
years. The first two
years in Worcester,
MA and since May
                                                          WHAT: NOVEMBER MEETING
I’ve been here in New
London. It’s a fun job.                                   WHERE: ELLA T. GRASSO SOUTHEASTERN
                                                          TECHNICAL HIGH SCHOOL
I like helping people
                                                          1 CRYSTAL LAKE ROAD, GROTON
grow their business.
One thing I didn’t                                        WHEN: NOVEMBER 19TH , 7:30 AM
know about the job
was I would have to                                        PLEASE JOIN US FOR
write the copy for                                         BUSINESS UPDATES
their commercials…                                          AND BREAKFAST!
Yikes! My spelling has been getting better thanks to
the Webster Dictionary on my desk.
I really like this area of CT. I was born in Bridgeport
and grew up in the western part of the state, Bethel.
My grandparents lived in Old Saybrook. I spent lots       C ALIFORNIA P IZZA K ITCHEN D ONATES TO
of time in this area when I was young. My familiarity       H ELMET A WARENESS AND B IKE S AFETY
with the area was one of the reasons my general man-
ager asked me to transfer down to New London.
I currently live in MA. And yes, I travel down from
the Sturbridge area everyday. It’s not as fun as it
sounds. I can’t wait for winter. I moved to MA in
1981 and got married in 1982. Still married to my
wife, Sue,and have two great kids, Ben and Emily.
The Groton Business Association has been very help-
ful. I’ve met quite a few nice people. So, if you’re a
business owner and you need some questions an-
swered about advertising, feel free to give me a buzz
at 860-443-1980…
To learn more about Citadel Broadcasting’s radio            Nancy McBride of HABS receives a donation
stations please visit:                                     from California Pizza Kitchen. Pictured in the
                                                           photo from left to right are Chris Holt, Nancy                   McBride, Jerry Vo and Nicky Plourde.  
P AGE 12                                                                                                 T HE E NTERPRISE

                                        P ETS A RE M EMBERS T OO !
      Aetna and Pets Best Insurance today announced an agreement with the Chamber Insurance Trust (CIT) to provide
 50,000 local businesses and 79 working Chambers of Commerce in Connecticut and Western Massachusetts access to
 discounted rates on pet insurance plans. Pets Best Insurance is the administrator for plans underwritten by Aetna Insur-
 ance Company of Connecticut (AICC). These plans have earned the exclusive recommendation of the American Veteri-
 nary Medical Association Group Health and Life Insurance Trust.
      “In these difficult economic times, many people are having difficulty keeping up with the rising cost of veterinary
 services,” said Gretchen Spann, Aetna’s head of pet insurance. “Some people might find that the predictability of a
 monthly premium helps them budget for the care their dog or cat might need in the future. Our agreement with CIT
 helps us expand the reach of pet insurance and provides valuable financial protection for chamber members and their
      “This announcement with
 Aetna and Pets Best builds on our
 already successful collaboration
 offering Aetna Individual health
 insurance options to chamber
 members,” said Stephen Glick,
 president of the Chamber Insur-
 ance Trust. “We know that 60%
 of chamber members have a dog
 or cat and offering pet insurance is
 just one more example of our
 efforts to make a chamber mem-
 bership a valuable asset to business
 owners and their families.”
      The plans reimburse 80 per-
 cent of veterinary bills after pay-
 ment of the deductible. Monthly
 premium rates are based on
 breed, the pet's age and the typical
 veterinary costs within a policy-
 holder's area. Plans are subject to
 limitations and exclusions, but
 there are no benefit schedules or
 fee restrictions. Plans do not in-
 clude maximum age restrictions
 and allow pet owners to choose
 any licensed veterinarian. All pets
 can be covered with accident-only
 policies, which means that even
 pets with pre-existing conditions
 can be insured against unexpected
 costs from accidental injury.
      For more information about
 the Chamber Insurance Trust pet
 insurance offering, go to
 P AGE 13                                                                                                      T HE E NTERPRISE
Jackie Almeida              LOAN VOLUME HIGHEST SINCE AUGUST 2007
                             Changes under the American Recovery and Reinvestment Act to
Amy Arruda
                          U.S. Small Business Administration loan programs led to a rebound in
Karin Barth               SBA-backed loans for small businesses and greater access to much-
                          needed capital.
Jim Bates                     Since the Recovery Act was signed on Feb. 17, SBA has supported
                                                                                                        G REATER M YSTIC
                          more than $11.3 billion in lending to small businesses through its two
Annette Bennitz                                                                                      C HAMBER OF C OMMERCE
                          largest loan programs and seen its average weekly dollar volume in-
Dan Burns                 crease by more than 60 percent in comparison to the weeks before                 14 Holmes Street
                          the Recovery Act. Additionally, the average number of loans ap-
                                                                                                             P.O. Box 143
Melinda Burridge          proved per week has increased by more than 50 percent. The dollar
                          volume for September 2009 ($1.9 billion) was the highest single-                 Mystic, CT 06355
Herb Cummings             month total since August 2007.
Jane Dauphinais              “These numbers, along with our conversations with lenders and
                          small business owners around the country, show that the Recovery   
Graham Gavert             Act hit the mark,” SBA Administrator Karen Mills said. “The Recov-
                          ery Act was critical to unlocking the market and as a result we’ve
Bill Haase                helped put billions of dollars of much needed capital in the hands of           Tricia Cunningham
                          small business owners during this tough economic time, and brought
John Layton
                          more than 1,200 lenders back into SBA’s loan programs. With half
Cathie McHugh             the nation’s workforce either working for or owning a small business,
                          these dollars played a critical role in driving economic recovery across
Allison Nasin             the country.”
                             As a result of the credit crunch, SBA lending saw a significant de-             Alexa Shelton
Christine Neves           cline in the fall of 2008 and early 2009. For the seven weeks prior to
                          the Recovery Act being signed, SBA’s average weekly dollar volume                 Events Director
Susan Pochal
                          was $165 million. The average weekly average since the Recovery   
Chris Rixon               Act was signed, through Sept. 25, was $275 million. Mills cited Re-
                          covery Act provisions that reduced fees on SBA loans and raised SBA
Lorraine Sanborn          guarantees to 90 percent, as well as actions that reinvigorated the                Tricia Walsh
                          secondary markets for SBA-guaranteed loans as especially helpful in
Laura Stefanski                                                                                         Manager of Membership
                          improving access to SBA-backed credit.
Barbara Strother             Overall, SBA loan approvals for the fiscal year amounted to a com-             and Operations
                          bined 50,829 loans (preliminary number) worth $13.1 billion under
Monica Tijerina           the 7(a) and 504 loan programs. The comparable figures for fiscal
                          year 2008, which ended just as the nation’s economy entered the
Advisors:                 financial crisis, were 78,317 and $17.96 billion.
                                                                                                           Jonathan Bartlett
David Blaney                 The dollar volume totals for SBA loans in fiscal year 2009, which
                          ended Sept. 30, do not include loans made under the agency’s ARC,                   Bookkeeper
Edward O. McCabe          (America’s Recovery Capital) loan program. Launched on June 15,
                          the agency has approved 2,715 ARC loans worth more than $88 mil-
John McGee                lion as of September 29. Thus far, nearly 740 lenders have made
                          ARC loans, and the number of participating lenders is increasing by               Theresa Thesier
Jim O’Boyle
                          an average of about 50 per week.
Joyce Olson Resnikoff        For more information about these and other SBA programs, visit             Manager of the Welcome
                          the SBA Web site at, or contact your local SBA field             Center at the Mystic Depot
Joseph L. Selinger, Jr.   office or Ann Chambers at the Southeastern CT Enterprise Region
                          (seCTer) at 860.437.4659, ext. 204. You can find contact informa-
Robert Tabor              tion for your local SBA office at
I. Susette Tibus          localresources/index.html.

To top