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Issue 5.36

September 6, 2019

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Message from the President

Earlier this year the Delaware State Chamber of Commerce, in collaboration with the Delaware Association of Chambers came up with a policy agenda and proposals intended to make it easier to start and run a business in Delaware. One of those agenda items was the creation of a “common app”, so to speak, approach to permitting. The concept was to provide an entrepreneur a single place to go to form and create a business. Fast forward to this month, and the new Delaware OneStop site has gone live.

Congratulations Kelly Basile!

Kelly Basile recently celebrated seven years at the State Chamber as the Events Manager. We are happy to announce that Kelly has been promoted to Vice President of Strategic Communications. In this role, Kelly will manage Delaware Business magazine, digital communications, press relations and our internship program.

DSCC Seeking Qualified Candidates

Marketing & Events Manager

The Manager of Marketing and Events works collaboratively for the State Chamber’s marketing programs, events and activities. This position works to advance the organization’s mission of networking and advocacy through proactive and responsive events that relate to the State Chamber’s strategic goals.

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Vice President of Government Relations

The Vice President of Government Relations is responsible and accountable for the Chamber’s public policy priorities, policy development and related activities. They will protect and enhance the organization’s reputation and visibility through proactive and responsive strategies that improve the business climate in Delaware.

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Back to School

This week was back to school for most Delaware students, though if you’re like me you had one that started pre-Labor Day. The Sussex County native in me still chafes at such an early start, but you play the hand you’re dealt. In the fall, the Chamber is part of two school-related events that members can take advantage of: Delaware Principal for a Day and Manufacturing Week.

The Benefits of Equipment Finance Trust Structures

What is an equipment finance trust? An equipment finance trust or equipment trust is a structure where a company establishes a trust—generally a Delaware statutory or common law trust—for the purpose of owning or leasing one or more pieces of equipment. The assets held by the trust may range from a single aircraft,

vessel, crane, or other type of heavy equipment, to an entire fleet of motor vehicles.

Health to Wealth: A Blurry Line Coming into Focus

Many of us know about health savings accounts (HSA’s) as a health benefit, but did you know they can also play an important role in retirement saving? Because health and medical costs are the no. 1 expense in retirement, it’s important to factor the high cost of health care into retirement savings. Fortunately, HSA’s can

help solve for both current and future health care needs by providing an investment option employees can use long-term.