The Weekly Online Publication of the Hollywood Chamber of Commerce         September 28, 2007
 

Check out these informative links below...updated weekly




inside this issue

Save the Date Reserve here

State Enterprise Zone Seminar
at Hollywood Chamber
Thursday, Oct. 11

Chamber October Mixer
at Ritual Supper Club
Tuesday, Oct. 23


MEMBER OFFERS

Hollywood Chamber of Commerce would like to salute the following sponsors of the Hollywood Business Advocate online weekly newsletter. Sponsor


Discounts available for
Chamber members


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Permission granted to repost or reprint articles if appropriate credit is given to the Hollywood Chamber of Commerce Hollywood Business Advocate.


Mail reprints to:
Hollywood Chamber of Commerce, 7018 Hollywood Blvd., Hollywood CA 90027
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Enterprise Zone Information Breakfast –
Learn how you may save your business thousands in tax dollars! 

Hollywood Chamber members will have an opportunity to learn how their businesses can save literally thousands of dollars, by attending a Chamber-sponsored seminar on Tuesday October 11th from 8 a.m. to 10 a.m.  The seminar will focus on the new Los Angeles Enterprise Zone.

Approved for Los Angeles in December 2006, the Enterprise Zone is designed to stimulate growth and development in select areas.  Numerous benefits are available to businesses, including employee hiring tax credits, a sales or use tax credit for the purchase of equipment, an accelerated depreciation deduction, a net interest deduction, net operating loss carryover, reduction in DWP electrical rates, site plan review fee waivers, installment payments on sewer facility charges, and reduced parking requirements.

Presenters include Kim Brown and Joanne Lu of the L.A. Community Development Department.  In addition, Ira Bershatsky of Capital Credits Consulting (CCC) who is sponsoring the breakfast will provide information about how CCC leverages “leading-edge processes” to capture the maximum allowable tax credits for its clients.

Capital Credit Consulting is a firm that specializes in the California Enterprise Zone credits.  Please visit www.capital creditsconsulting.com for more information.

The event will be held in the Hollywood Chamber of Commerce conference room, located at 7018 Hollywood Boulevard.  Cost to attend is $10 for members and $25 for non-members.  Seating is limited to the first 40 pre-paid reservations (reservations and payment in advance is required).   

Do not miss this important Chamber membership opportunity!  Please RSVP to Vivian@hollywoodchamber.net or call (323) 469-8311. 



Legislative Leaders Told Sacramento’s Inaction Hurts Entertainment Industry

From left: Panelists Assemblyman Michael Feuer, Kathy Garmezy, Stan Brooks, Assemblyman Paul Krekorian, Kent McCord, Senator Mark Ridley-Thomas, Lisa Rawlins and moderator Steve MacDonald at the Hollywood Entertainment Luncheon organized by Hollywood Chamber of Commerce. Photo by Marlene Panoyan.
From left: Panelists Assemblyman Michael Feuer, Kathy Garmezy, Stan Brooks, Assemblyman Paul Krekorian, Kent McCord, Senator Mark Ridley-Thomas, Lisa Rawlins and moderator Steve MacDonald.

The Hollywood Chamber’s annual Entertainment Industry Luncheon this week at the Roosevelt Hotel sent a strong message to legislators that inaction in Sacramento over the past 10 years is threatening a vital California industry.  Representatives from industry and the legislature spoke on a panel about potential solutions to the problem.  It was noted that 37 states have approved tax incentives as an inducement for movies to be shot in their domain, while California has done nothing.  Stan Brooks of the California Film Commission said, “We don’t need a level playing field in California.  We just need something.  The gap is now so large that we can’t make in work in California.”  As a result, numerous skilled craftsmen in the industry are moving to the states where there is work.  Assemblyman Paul Krekorian, who chairs the Select Committee on the Preservation of the Entertainment Industry, referred to the State’s current budget crisis and said, “Maybe we would be in less of a crisis if we had done the right thing 10 years ago.”  He pledged renewed efforts to convince the legislature that tax incentives for film production will generate more revenue than they cost the State and that they should be enacted.  The Hollywood Chamber will continue to press for action on this important issue.


KBKG reduces taxes with Enterprise Zone Tax Credits


Chamber Introduces Direct-Mail Advertising Vehicle for Chamber Members

Hollywood Chamber introduces Hollywood Shopper, a direct-mail advertising vehicle for Chamber membersThe Hollywood Chamber is pleased to announce its first-ever, direct-mail advertising campaign, the Hollywood Shopper!  The Hollywood Shopper will be a 40-page booklet filled with savings and discounts from local retailers, restaurants, and venues that would like to extend special offers to local residents.  “Our members have told us that there is no easy, affordable way to advertise their services to the local community,” said Chamber President & CEO Leron Gubler. “This coupon book is our answer to that problem.” The Hollywood Shopper will reach 30,000 homes in the greater Hollywood area, and will arrive the week before Thanksgiving, creating an ideal opportunity for advertisers. Restaurants are using the Hollywood Shopper to showcase holiday menus and available party space, while retailers are creating in-store coupons, which allow them to track the business and raise awareness of their location. Whether your company rents cars, or sells flowers, this is your perfect chance to let the locals know who you are … and what you have to offer!

For more information on the Holiday Shopper, please contact Kaylee Kiecker at Kaylee@hollywoodchamber.net.



Annual All Hallows Eve Fundraiser Canceled …but Don’t Despair!  Universal Studios offers Chamber Members Special Discount

The Hollywood Chamber Foundation’s popular All Hallows Eve Party at Hollywood Forever Cemetery has been canceled this year due to scheduling problems caused by the special Chamber mission to China that departs the last week of October.  “We are sorry to disappoint anyone who was looking forward to this annual party,” said Jeff Briggs, who chairs the Foundation. “We look forward to bringing the party back next year.”  As an alternative for Halloween party animals, the Chamber urges members to consider Halloween Horror nights, which is back at Universal Studios every weekend in October!  Guests are invited to experience four new mazes featuring Freddy, Jason and Leatherface as well as the all-new Terror Tram.  Universal Studios is offering Hollywood Chamber members a special price on October 5th or 6th of $29 per ticket, instead of the regular price of $51!  Please call Aileen Oganesyan at (818)622-3790 for more information.  This event is for guests 13 years and older and not recommended for the faint of heart!


Alan Ladd Jr. Honored with Star on Walk of Fame

The Hollywood Chamber presented the 2,348th star on the Hollywood Walk of Fame to producer Alan Ladd Jr. on Friday.  Regarded as a consummate producer and studio executive, his films, which include Star Wars and Braveheart have grossed billions of dollars and have been nominated for more than 150 Academy Awards.  On hand for the ceremony were comedian Mel Brooks and studio executive John Goldwyn.


Free business counseling at the Hollywood Chamber
Offered by the Service Corps of Retired Executives (SCORE)
Richard Krelstein, a retired business turn-around specialist
Consulting services will be available most Fridays 9:30 - 11:30 am 
To schedule an appointment, call Vivian at (323)469-8311.


THE SIXTH ANNUAL WESTSIDE ECONOMIC SUMMIT
Friday, November 2, 2007 • 7:30 - 11:30 a.m.
Skirball Cultural Center
2701 North Sepulveda Boulevard, Los Angeles
(Exit I-405 at Skirball Center Drive, about 10 minutes north of I-10)
Registration and information at www.westside-la.org


2007 Mayoral Housing Summit
L.A. GROWS UP: Confronting Economic Realities
with Good Planning and Investment

Wednesday, October 17, 2007
7:30 a.m. to 2:00 p.m.
Korn Convocation Hall
UCLA Anderson School of Management
Click here or Register online at www.labusinesscouncil.org


Follow the Yellow Brick Road

Hollywood & Highland Center Shuttle Service for WICKED


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