Monday, February 7, 2011

Main Street Arkansas Update - February 7, 2011


Borum Building Downtown Osceola (before the fire)

Reminder – Quarterly Training February 21-23, Little Rock


Main Street Arkansas Calendar February 7 – 11, 2011
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MONDAY
TUESDAY Susan, Tom Marr – Blytheville (merchant property assistance)
WEDNESDAY Cary – Osceola (program assessment)
THURSDAY Cary – Osceola (program assessment)
FRIDAY
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IN THIS ISSUE:
Legislative Updates
Grant Opportunity
Smart Parking
Seminars on Rural Tourism
Listserv/Parking Calculation



Improvement District Legislation
http://www.arkansasbusiness.com/article.aspx?aID=125303

More Information on HB 1118
http://arkeco.blogspot.com/2011/01/sustainalaw-legislative-update-hb-1118.html
and
http://arkeco.blogspot.com/2011/01/arkansas-legislative-update-hb-1118-and.html

Downtown Arkansas Legislative Proposals
http://talkbusiness.net/article/A-LITTLE-LOVE-FOR-DOWNTOWN-ARKANSAS/1445/

SB 212
This bill would require re-voting every four years to re-approve Advertising & Promotions tax. Full bill text at: http://www.arkleg.state.ar.us/assembly/2011/2011R/Bills/SB212.pdf (pdf file)


Grant Opportunity
The Arkansas Humanities Council, in cooperation with the Department of Arkansas Heritage, is accepting applications form Operating Grants for Small Museums through May 1. For more information, contact jamabest at sbcglobal.net

Smart Parking

http://www.urbandaddy.com/sfo/gear/12426/Park_Circa_Like_Zipcar_but_for_Parking_San_Francisco_SFO_Application

April Arkansas Small Business & Technology Development Center Workshop on Rural Tourism

In April, the ASBTDC Lead Center hosts speaker Joanne Steele for her seminar "Promoting Rural Tourism: Making the Internet Work for You, Your Business, and Your Town." Steele's 6 hour workshop will show participants how regular small town business practices such as knowing your customer, and serving his or her needs are exactly the principles that are used to create an effective internet marketing strategy. Register early to guarantee your seat for these innovative seminars!

From the mainstreet listserve last week:
what you can measure, you can manage
We figure $1250-$1500 per parking space (parallel).

It is an easy calculation. Take the annual gross sales of all of the business on one side of the street and divide that by 306 +/- (open 6 days a week less holidays). Divide that by the total number of parking spaces in front of those businesses.

Gross sales figures can be obtained from your cities taxing authority or business license office. In some places the business license tax figure is published on the business license hanging in the store. If you know the tax paid and the tax rate you can figure out a business gross sales.

I tell merchants that if their employees are parking in on street parking spaces, they can afford to pay their employees to stay home.