New Critical Illness Benefit for LOCO Members

Introduction
For several years LOCO has been working to create options for small business insurance coverage for extended health, dental and critical illness. With the launch of our Critical Illness Benefit, all owners, employees and their spouses are eligible to apply for $25,000 of Critical Illness Insurance! You can pass it on to your employees without you having to manage or pay for it. We’ve pasted the text of an email below that makes it easier for you to let them know about this benefit of working for a LOCO-member business. Available For a Limited Time for Existing LOCO members – applications accepted until June 15th 2013. Apply online at: http://solutionsinsurance.com/loco

 

What Is Critical Illness Insurance?

Critical Illness Insurance provides financial protection if you are diagnosed with one of 25 illnesses, including cancer, heart attack and stroke.
LOCO’s Critical Illness Insurance plan provides:
• A $25,000 tax-free, lump sum payment if you are diagnosed with one
of the covered illnesses.
• Full payment, whether or not you are able to work while you are ill,
and whether or not a full recovery is made.
• Freedom to use the money any way you choose.
To read claims stories about how Critical Illness Insurance can help, visit http://www.solutionsinsurance.com/loco


How Much Is It?

Comparable individual CI policies ($25K Benefit) would be almost 3 times as much and would require full medical underwriting where you need to complete medical questions, provide family history, and potentially a doctor’s report, blood tests, etc. (*24/24 month pre-existing condition clause does apply)

Use your age, gender and smoking status online to estimate your premium: check your rate here

You can send this offer to your employees to offer them affordable insurance without you having to manage or pay for it. Simply send them the link and the info above.

LOCO Benefits Plan Brochure

LOCO has partnered with DFG, Manulife Financial, and Special Markets Solutions (Industrial Alliance) to create a package of benefit options designed with our entrepreneurial members in mind. We know that many business owners are without health care, and are interested in coverage for themselves, their families and their employees.

Dehoney Financial Group surveyed the Canadian marketplace for group insurers that understood small business to find two insurance carriers that offer robust benefits at very competitive rates.

LOCO has partnered with DFG, Manulife Financial, and Special Markets Solutions (Industrial Alliance) to create a package of benefit options designed with our entrepreneurial clients in mind.

Did you know Employee Benefits:

  • Are less expensive than giving your employees a raise;
  • Cost approximately 3 – 6 % of annual payroll;
  • Are fully tax-deductible as a business expense;
  • Can provide Dental care and Extended Healthcare coverage for all of your employees and their dependants;
  • Are available to companies with as few as 2 employees;
  • Can continue to pay an employee, sometimes up to age 65, who is unable to work due to an injury or illness; and
  • Offer up to $100,000 of life insurance without completing a medical exam or answering any medical questions!

What Dehoney Financial Group can do for you:

  •  Develop a group insurance plan that is cost-effective, specific to your company’s needs, and provides all the benefits that you want (this is not a one-size fits all plan!);
  • Conduct an employee meeting to explain the many benefits provided;
  • Enroll the group and handle all administration;
  • Create rate stability overall by effectively managing the LOCO plan;
  • Negotiate and present the renewal on an annual basis; and
  • Provide expertise and support regarding employee benefits including Retirement planning.

We would be happy to meet with you, at your convenience, to discuss the possibility of implementing a LOCO Business Network Benefits Plan.  You will be pleasantly surprised at the benefits available not only to your employees, but to you and your family as well.

Please contact Dehoney Financial Group at 604-684-2300 or info@dehoney.com

LOCO and Eco Fashion Week 2013 Ticket Giveaway

LOCO is giving away 2 All Access Passes to Eco Fashion Week (April 21-24 2013)!

LOCO BC, Eco Fashion Week and WE Vancouver partnered up to pair LOCO Entrepreneurs with Eco Fashion Designers in a four part photo series as part of our Live Local, Buy Local campaign.

Kdon designer Kim Cathers (right) with Recycling Alternative’s Louise Schwarz (left).

All four articles and photos can be found below along with the feature article:

LOCO for local: Eco Fashion Week designers pair up with Vancouver’s green entrepreneurs.

• Designer Nicole Bridger with Lunapads CEO Suzanne Siemens (click here)

• Fiveleft Leather creator Lincoln Heller with MattressRecycling.ca CEO Fabio Scaldaferri (click here)

• Kdon designer Kim Cathers with Recycling Alternative co-founder Louise Schwarz (click here)

• Adhesif creator Melissa Ferreira with LOCO founder Amy Robinson (click here)

To Enter to Win 2 all access passes, please post your favorite green local fashion designer or store on our Facebook wall or on twitter @LOCObc with the tag #buyLOCO. Tag the business in the post if you can. We will choose a winner on Friday, April 19th at 3pm. Winner will be randomly selected. Your name will be given to the eco fashion week staff which will grant you access into the events!

Civic Economics Release BC Study

 

Civic Economics is a respected and well-known organization that has produced a long-line of studies that indicate the economic impact of buying local. Local dollars are said to recirculate 2-4 times when spent with locally owned businesses compared to multinational organizations because they:

  • Recirculate greater profits in the community
  • Create more local employment
  • More often buy local products and services (especially local marketing and financial services)
  •  Donate more to local charities, non-profit groups and community organizations

In the BC study, Civic Economics assesses the local and Canadian market share of independent and chain business and calculates the economic impacts of locally owned business compared to their major North American chain competitors.

Here are some of the highlights:

Market Share

  • Local businesses in Canada have less than 1/2 the total market share on average. This has been dropping slightly each year since 2008
  • Market share by local business has dropped approximately 15% in the last 11 years in both BC & Canada
  • BC local retailers have the third lowest market share in the country. Local businesses captured just 34.7%  of the market in 2010, in front of only Alberta & Manitoba (tied at 33.1%) and Nova Scotia (30.8%). We lag the Canadian average of 41.8% and are way behind local market share leaders in Quebec (54.7%)
  • BC furniture & home furnishing stores have the highest market share by local business in the country
  • BC food & beverage stores have the lowest market share by local business in the country

Mulitplier

  • BC local businesses creates double the economic impact of their chain competitors. They recirculate more than 2.6 times as much revenue in the local economy as chains (46.3% compared to 17.8% for chains)
  • Local retailers recirculate 45% compared to 17% for chains
  • Local restaurants recirculate 65% compared to 30% for chains

Civic Economics cites the greater labour intensity of local restaurants compared to retail stores as the reason for the greater economic impact.

Buy Local

The impact of buying local, even a few more purchases each week, can have a big impact on the local economy and on communities across BC.

Civic Economics assessed the impact of consumers increasing local purchasing by 10% and found it would create

  • 31,000 jobs
  • $940 million in wages to BC workers

    Download the Civic Economics Study Here

Write a love letter to your favourite local biz and win!

LOCO, The Tyee and Vancity have partnered together to give away some great prizes from LOCO members for Valentines Day!

We all know local businesses work really hard and love to hear positive feedback from their customers. So we thought as part of the Live Local, Buy Local campaign, we’d ask you to write them a love letter this month.

Write a few words to your favourite local businsess and be entered to win one of these amazing prizes! Enter here!

  • 3 night stay at Ocean Village Resort in Tofino, surf shop rentals for 2 days and a 3 hour whale-watching trip. ($850 value).
  • $500.00 Vancity Visa* Gift Card.
  • One-year casual membership from Modo The Car Co-op ($170 value).
  • $100 gift certificate from Nicole Bridger.
  • A basket full of organic goodies from Green’s Organic and Natural Market. ($250 value).
  • $100 gift certificate from Hip Baby.
  • Cooking class from Rooted Nutrition (Value $70).
  • Dinner for two from Aphrodite’s Organic Cafe & Pie Shop ($100)

Why Buy Local? Watch our latest video with some of our favourite local businesses on the Westside, Aphrodite’s Organic Cafe & Pie Shop, Green’s Organic and Natural Market, Nicole Bridger and Hip Baby!

 

To learn more about the Live Local, Buy Local campaign, e-mail info@locobc.com

 

LOCO’s Own Accepted into the 2013 BALLE Fellowship

We are very happy to announce Amy Robinson (LOCO, Founder & ED) and LOCO member, Toby Barazzuol (Eclipse Awards, President and Board Chair of the Strathcona Business Association) has been accepted into the 2013 BALLE Fellowship!

BALLE (Business Alliance for Local Living Economies) announced today the 16 selected out the of the hundreds of community leaders who applied for the 18-month leadership program. The fellowship is the only one of it’s kind in North America and is dedicated to advancing the local economies movement. The selected fellows are leaders at the forefront of rebuilding communities from the ground up through creative economic development strategies that enhance the staying power of locally owned businesses, and through emerging sustainable innovations in manufacturing, finance and food.

Here’s what Amy and Toby had to say!

“I’ve been following the BALLE movement to build local living economies since 2002 when I saw Judy Wicks speak at a sustainable business conference. So many groups have been talking about all that is wrong with the world, but BALLE offers a path and models for creating a different world. LOCO has been working hard to apply local living economy principles in Metro Vancouver, and we’re honoured to be included in the BALLE fellows program for 2013/2014. I hope that it allows us to take our work deeper and wider and partner with other organizations in the region and the province. I’m particularly excited to have Toby Barazzuol, chair of the Strathcona BIA, in the cohort, as we’ve partnered with them in the past and I hope that we’ll work together more closely in the future.” ~ Amy Robinson, LOCO Founder &ED.

“What stands before us is an opportunity to build a new economy based on respect, creativity and collaboration. An economy that creates value in ways that regenerate the environment and make people happy. Figuring out how to do this has fallen upon the shoulders of our generation, so I’m more than excited to connect with a group of sustainability leaders who are not only imagining a better way, but are also figuring out how to do it. I look forward to working more closely with LoCo BC’s Amy Robinson and I think the fact that 2 of 16 BALLE Fellows were selected from Vancouver speaks volumes about the creative and progressive business community here.” ~ Toby Barazzuol, Eclipse Awards President and Board Chair of the Strathcona Business Association.

Congratulations Amy and Toby! We’ll be looking forward to hearing what you will learn from other community leaders across North America.

 

Ethical Deal contest – $1,200 prize pack giveaway

LOCO has partnered up with Ethical Deal to give away a $1,200 prize pack full of awesome local items from LOCO members to celebrate the 1st annual Buy Local Week (Dec 3-9) in the City of Vancouver and the Province of British Columbia.

The $1,200 contest prize includes: ethicalDeal $100 gift card; Singing Lands $100 gift card; Olla Flowers $100 gift card; The Window handcrafted backpack and apron; Halfmoon Yoga Studio sit set; Water Matters portable water purification kit; Mitani Designs organic stroller blanket; Hazel and Jools $100 gift card; Salt Spring Coffee 6 bags of coffee, free delivery; Luna Pads $100 gift card; River Market prize pack including a family circus school class, two food crawl cards, and basket of goodies from Donald’s Market.

Enter here to win and Live Local, Buy Local this holiday season!

To learn more on the Live Local, Buy Local campaign in partnership with Vancity contact, info@locobc.com

 

Buy Local Campaign Launch

MEDIA ADVISORY: FOR IMMEDIATE RELEASE:

To RSVP for launch event: Julia Spitale (julia@locobc.com) 604-724-1581

LOCO BC LAUNCHES LIVE LOCAL, BUY LOCAL CAMPAIGN.

VANCOUVER, BC. 30 NOVEMBER 2012LOCO BC launches Live Local, Buy Local, a 12-month consumer awareness campaign promoting the social, environmental and economic benefits of buying local and creating community amongst businesses.

The launch event will be on Dec 4th at 5:30pm at The Dodson Conference Centre  (25 East Hastings) with the announcement of Buy Local Week (Dec 3-9) for both the City of Vancouver and the Province of British Columbia. Making the announcement at 5:30pm will be the Honorable Naomi Yamamoto, Minister of State for Small Business, LOCO Founder Amy Robinson, and Andy Broderick, VP Community Investment, Vancity.  Attending the Vancity-hosted LOCO business mixer will be 200 local business owners and the event will run until 9:00pm. Media are invited to attend for the announcement and to stay on for the rest of the event.

“I’d like to recognize LOCO BC’s efforts to promote local shopping during the holiday season and am proud to proclaim Dec 3-9, 2012 ‘Buy Local Week’ in B.C. Small businesses are the backbone of our communities and our economy. They are often locally owned and operated, so when you buy from a local small businesses you support families and local jobs” says the Honorable Naomi Yamamoto, Minister of State for Small Business.

LOCO is a non-profit organization that promotes local businesses because they build community, circulate dollars and support a strong local economy. The Live Local, Buy Local campaign is aimed at increasing consumer awareness of these benefits. Says Amy Robinson, LOCO’s founder: “The thing we hear most often is “how do I know who’s local?”, so we created this campaign to connect the shopping public with our network of amazing local businesses. The businesses themselves are not only locally owned, but are often sourcing local products or services, and are engaged in efforts to green their business.”

One of LOCO’s four Founding Member businesses, Vancity, is the campaign’s partner. Says Andy Broderick, VP Community Investment, Vancity: “At Vancity we make you good money by putting money to good. That’s why we’re delighted to continue our partnership with LOCO, beginning with the Live Local, Buy Local campaign this December and continuing into 2013.  At Vancity we look for ways to use all our resources, people and capital to strengthen member wealth and well-being. By supporting the Buy Local campaign we’re asking people to invest in local businesses. That’s good for our local economy and good for our local community. It helps our members and communities thrive and prosper.”

The campaign’s media partner, The Tyee, is an independent online magazine dedicated to publishing lively, informative news and views. The campaign includes monthly ads in The Tyee highlighting local businesses, a series of video ads, and social media contests.

LOCO BC:

LOCO is a growing alliance of local companies working to strengthen communities, grow the local economy and build strong, sustainable businesses.  @locobc

For more information, contact Julia Spitale (julia@locobc.com, 604-724-1581), Director of Community Engagement for LOCO.

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LOCO Member Advertising Discounts

The Tyee

LOCO BC members receive a 25% discount on stand-alone Tyee ad campaigns. Consumer business members (retail, restaurant, coffee shops, groceries) receive a free display ad in the Tyee during our 12-month Live Local Buy Local campaign. Contact Meaghan MacDonald, Community Manager for more info. 604-689-7489 ext. 2 mmacdonald@thetyee.ca

The Vancouver Observer

LOCO BC members who purchase any 3 month ad package on Vancouver Observer will receive an extra 6 weeks of run of site ads. Contact Janel Johnson, VP Sales & Marketing for more info. 604-879-7753 janel@thevancouverobserver.com

LOCO Benefits Plan

Group Benefit Plan Launch

LOCO and Dehoney Financial Group (DFG) have launched the LOCO Business Network Benefits Plan.

DFG has negotiated some significant wins for small businesses, such as preferential pricing and access to insurance products not normally available to companies with less than 50 employees. The more members that join, the better the pricing becomes, so please consider starting business coverage with us, or moving your existing plan over to make our group stronger.

We will organize another information session soon. In the meantime, please contact Erin Gunn for information.