With a rise in electronic payments across the world, homebuyers and consumers need to be especially careful when working with their lenders and realtors to make sure that they don't release funds or personal information to the wrong person. According to a 2021 American Land Title Association (ALTA) survey on Wire Fraud, over 13,000 homebuyers/potential homebuyers were scammed out of a total of over $200 million. In addition, the losses due to fraud have risen due to the pandemic, from $1.8 billion in 2019 to $3.3 billion in 2020. To help the community better understand wire fraud, title insurance, and the other risks that come with the purchase of property, Knight Barry Title Group asked the CEDC to bring people together at the Willow in Chippewa Falls to learn about how to prevent [...]
Join us at the Main Street Café in Bloomer for lunch and an introduction to Chippewa Valley's Employee Assistance Programs, brought to you by Nicole Lillis, Support to Communities Project Coordinator at Workforce Resource, Inc.
Alliance Plastics engineers and fabricates custom plastic extrusions for a wide array of applications and industries. Established in 1987, the company continues to experience steady growth and has expanded their operations several times in Chippewa Falls, Wisconsin. As a major investor and supporter of the Chippewa Economic Development Corporation (CEDC), they had the opportunity to host the most recent Business Expansion and Retention (BEAR) Discussions Listening Session. One of the most important things that an Economic Development Organization (EDO) can provide is a platform or channel to educate, provide feedback, and help form policy decisions that improve or maintain a healthy business climate. These discussions provide an opportunity for our existing businesses to meet with policymakers about the issues that impact their operations. In the past, BEAR Discussions Listening Sessions helped form and [...]
While OSHA does have the ability to set workplace safety standards, the United States Supreme Court recently found that their Vaccination and Testing Emergency Temporary Standard (ETS) went too far and beyond the organization’s scope, and that it is a “significant encroachment in the lives and health of employees.” OSHA was created to set workplace safety standards and not to set broad public health measures. However, the ruling leaves entrepreneurs and small businesses wondering how they can protect their workers and ensure a safe workplace in the wake of the pandemic. Anticipating a ruling one way or the other, CEDC hosted a BEAR Lunch & Learn to highlight the importance of OSHA and the EPA’s impact on small businesses. As a part of CEDC’s Business Expansion and Retention (BEAR) program, these lunches are [...]
There are countless stories - we read about them all the time - businesses are being purchased left and right. As entrepreneurs, sometimes time slips away. It seems like just yesterday that the business started, and now the thoughts of "How do I get out of the success that I've created?" or "How do I sell?" start coming to mind. In our BEAR Visits and Discussions, many of the region's business owners mention that "it's about time." With this in mind, CEDC organized an intimate BEAR Lunch & Learn that approached the subject of succession planning realistically. Staying abreast of these business owners as they transition out is an important proactive economic development strategy for the community. By being proactive, an economic development organization such as the CEDC can be on the front [...]