CORONA BUSINESS NEWS
VOL 7 | #1 JANUARY/FEBRUARY 2021
Chamber Homes in on Legislative Process for 2021 CONTINUING TO ADVOCATE FOR OUR MEMBERS TO ACHIEVE OUR PURPOSE OF RECOVERING TOGETHER
T
he Corona Chamber’s 2021 Legislative Platform outlines the key areas of focus for 2021 to help our business community recover and grow over the coming months and years. The platform highlights what we are continuing to work on as well as the
longer-term Corona 2025 plans. Our plan for recovery will include: • Creating common sense tax and healthcare reform (especially more effective management of the COVID-19 pandemic). • Eliminating unnecessary regulation. This burden
on employers at a local, regional, state, and national level kills innovation and hurts the local economy. • Achieving the goals outlined in the Corona 2025 plan to eliminate 1.5 million hours of traffic on our roads. We are working to attract ... Continued on page 2
Financial Focus s a business owner, you’re always thinking of what you need to do now. But you can’t forget about the future – yours and that of your business. So it may be a good idea to consider your personal retirement plan and business succession strategy. Let’s start by looking at a few retirement plan possibilities: • Solo 401(k) – This plan, which is also known as an Owner-only 401(k), is
available to self-employed individuals and business owners with no full-time employees other than themselves or a spouse. A Solo 401(k) offers many of the same advantages of a traditional 401(k): a range of investment options, tax-deductible contributions and the opportunity for tax-deferred earnings growth. You may even be able to choose a Roth option, which allows you to make after-tax ... Continued on page 13
FEBRUARY 25, 2021
MyChamber.org
CORNER Bobby Spiegel
W
hen 2020 Chairman of the Board, Don Williamson created his theme for the year, “Make History,” little did we know what we were in for; History has certainly been made. Our 2021 Chair, Kim Mabon has selected her theme of “Creating Vision”, and it will parallel many of the programs that we have implemented to assist our business community. Here are a few
THE CORONA CHAMBER CONTINUES TO MAKE LEMONADE FROM LEMONS examples of how we are moving CORONA forward.
YOUR CORONA CHAMBER IS A CATALYST FOR BUSINESS GROWTH...
Because of the pandemic, yesterday’s blueprint for doing business has radically changed. We can no longer be OK with the status quo
Don Garling: A Journey of a Lifetime D
on Garling’s genuine smile and personality will continue to resonate in our treasured
Sally and Don Garling
memory bank. In honor of this unique and incredible individual, the CORONA Chamber’s Board of Directors will be naming this year’s lifetime achievement awards as a tribute to Don Garling. Don served as the organization’s Chairman of the Board in 2016. His d e d i c at i o n and commitment to the business community will long be remembered. During his tenure, on the board, Don often would join our CEO in walking to various
See page 5
CEO’S Tested mightily in 2020
BUSINESS OWNERS: PLAN FOR NEXT PHASE OF LIFE
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2021 BOARD INSTALLATION AND AWARDS
and must work to stay a step ahead, in order to provide the best opportunities for CORONA. During the pandemic, the CORONA Chamber has increased its distribution of crisis data and has been a reliable source for coordinating and disseminating materials and information for COVID-19 relief. Actively embracing our members, the Chamber has become more relevant, with our weekly CORONA Chamber Business Briefing calls. In 2021, we will ... Continued on page 3
In This Issue New Members – Page 4 2021 Board Installation & Awards – Page 5 Milestone Celebrations – Page 12
businesses. Don had a desire to get to know people on a personal level. His selected theme as Chairman was appropriate to his life: “A Journey of a Lifetime”. Don lost his battle to cancer in August 2020. The Garling family is continuing Don’s
tradition of keeping the front gardens of the chamber updated with new plants and gardening services. The Chamber Board has appropriately dedicated the gardens as a lifetime memory by naming it “The Don Garling Memorial Garden.”
Chamber Celebrates 110th Birthday – Page 12 Chamber Expansion Update – Page 13 Marketplace – Page 14