April 29th,2010
Loudoun Small Business Development Center's(SBDC) 2010 Building Business Together Event.."How to Win in 2010!" day long event at GWU Virginia Science & Technology Campus.
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We will open On-Site registrations at 7:00am. So plan to come in early!
Thursday, Apr. 15,2010
Business owners confused and uncertain about health care.
Sterling business owner Walter Hancock knows a little something about extending a helping hand.
LoudounTimes.Com http://www.loudountimes.com/index.php/news/article/business_owners_confused_and_unce454rtain_about_health_care/
April 14,2010
Sterling business owner Walter Hancock knows a little something about extending a helping hand.
When his 47-year-old brother, Russ, was laid off from his printing industry job, Hancock gave him a job as a subcontractor at his company, Genesis Solutions.
But, after teleworking for the company for only eight months, Russ fell ill in August 2009. He had no health insurance because Genesis, a technical services consulting firm in Dulles, does not provide coverage for its subcontractors. The hospital admitted him anyway because he was so bad off, Hancock said.
Russ was later diagnosed with liver failure and given a 5 percent chance of survival. But because he was without insurance, the hospital only had funding to provide care for 28 days. At midnight of the 28th day, Russ was out the door, Hancock said.
Within a few weeks, Russ was admitted to another hospital even though he still was unable to obtain insurance. He died three months later.
Health-care provisions
The health-care legislation signed by President Obama last month is meant to protect people like Russ from being denied insurance because of pre-existing conditions.
Additionally, there will be greater obligations for businesses – like Genesis – to provide health-insurance coverage, according to Leighton Ku, professor of health policy at George Washington University.
Small businesses that have low-wage workers will get tax credits to help them purchase insurance for workers, Ku said.
Russ had a major health problem, but he didn’t have employer health care at the time of his illness.
“The outcome of his incident was the worst possible impact it could be,” Walter Hancock said.
Hancock’s hands were tied because, as a business owner, he couldn’t provide insurance for Russ. He had hoped the first hospital and insurance companies would have been more sympathetic to his brother’s needs. But, he said, the insurance companies wouldn’t touch Russ with a 20-foot pole because he had a pre-existing condition.
“It’s not just about legislation and dollars, it’s about mentality and people.”
Solutions unclear
As a business owner, Hancock doesn’t believe a government takeover of the system is an encompassing solution.
“As a business owner, I am also unsure exactly how it’s going to affect us, except for the fact that I am sure it is going to cost us more money,” he said.
Hancock believes it should be a company’s responsibility to provide 100 percent of its employees’ health care. Genesis is now looking into providing health insurance for all seven of its subcontractors—on top of what it already provides for its three full-time employees.
Although the bill was signed into law a few weeks ago, business owners around the county still aren’t sure how it’s going to change their bottom line – if at all.
“I don’t think anyone really, really knows how its going to affect them,” said Butch Porter, principal at Goose Creek Financial in Leesburg. “There are a lot of open-ended questions.” Those questions include whether the tax incentives in the bill will bring down their costs.
When large businesses such as insurance companies are mandated to provide a service, their bottom line takes a hit, Porter said. So insurance companies shift their cost structures and small businesses end up paying more, Porter said.
“Everybody’s rates will go up,” he said. “If individual rates get more expensive, then group rates get more expensive. I see no good news for small businesses, frankly.”
Changes for employers
Employers are the main providers of health insurance. So some of the requirements will go up for them, such as extending children’s benefits under parents’ plans. Employers may absorb some of the higher costs in cases like that, and they may pass some along to employees, Ku said.
At Radiance salon and medical spa in Lansdowne, Business Director Carolyn Severo said the company’s insurance premium increased 42 percent last year, while its revenue decreased. To deal with expanding premiums, Radiance, which employs 65 people, has changed insurance companies nearly every other year since 2003.
“The current situation is bad and I don’t know how the law is going to change that,” Severo said. “There’s no doubt that the system’s broke, but I don’t think the government’s the one to fix it.”
Contact the writer at hhager@timespapers.com
April 03, 2010
Mark this date. Thursday, April 29, 2010!
Once again Genesis Solutions Staff will be giving back to the community by volunteering with the Loudoun Small Business Development Center's(SBDC).
2010 Building Business Together Event.."How to Win in 2010!" day long event at GWU Virginia Science & Technology Campus.
For more Infomation on this event to Register click here. sbdc.huberspace.net/register.php For Sponsor Information click here sbdc.huberspace.net/sponsors.php
October 28,2009
In memory of Russ Andrew Hancock
Coworker, Friend, Brother who is sadly missed from the Genesis Family. We think of you all the time, but know that you are in a better place. Your kindness is like a seed, that grows tall every day in your memory.
July 1, 2009
From all of us at Genesis wish our Customers a Safe and Happy Independence Day
FOR IMMEDIATE RELEASE
Genesis Solutions, LLC Receives 2009 Best of Dulles Award
WASHINGTON D.C., June 8, 2009 -- Genesis Solutions, LLC has been selected for the 2009 Best of Dulles Award in the Business Management Consultants category by the U.S. Commerce Association (USCA).
The USCA "Best of Local Business" Award Program recognizes outstanding local businesses throughout the country. Each year, the USCA identifies companies that they believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and community.
Various sources of information were gathered and analyzed to choose the winners in each category. The 2009 USCA Award Program focused on quality, not quantity. Winners are determined based on the information gathered both internally by the USCA and data provided by third parties.
About U.S. Commerce Association (USCA)
U.S. Commerce Association (USCA) is a Washington D.C. based organization funded by local businesses operating in towns, large and small, across America. The purpose of USCA is to promote local business through public relations, marketing and advertising.
The USCA was established to recognize the best of local businesses in their community. Our organization works exclusively with local business owners, trade groups, professional associations, chambers of commerce and other business advertising and marketing groups. Our mission is to be an advocate for small and medium size businesses and business entrepreneurs across America.
SOURCE: U.S. Commerce Association
March 5,2009
Come Help Celebrate Loudoun SBDC Building Business Togather.
Tuesday, March 10, 09 10:00 am.-7:00pm.
For more infomation please visit www.loudounsbdc.org
December 01,2008
All Of Our Staff at Genesis Solutions would like to wish all of our Clients & Families, Season's Greetings and Best Wishes for 2009
November 07, 2008
The staff at Genesis Solutions would like to Thank the Loudoun County Chamber of Commerce for a great night of fun, at the Small Business Awards 2008 Gala Ceremonys.
Congratulations to all the winners from our company to yours.
September 28,2008
Dear Small Business Award Finalist!
Congratulations! Your company has been selected as a Finalist for the Loudoun County Chamber of Commerce 2008 Small Business Awards.
The Envelope, Please: Finalists Chosen for Loudoun County's
Premier Small Business Awards
Loudoun County Chamber Announces 34 Finalists for 2008 Small Business Awards; Winners Will Be Announced at the November 6th Gala Awards Dinner at the National Conference Center
Leesburg, VA - The Loudoun County Chamber of Commerce announced today the names of the 34 finalists selected to compete in nine business categories for the 2008 Small Business Awards.
On November 6th at the National Conference Center, the winners in each of nine categories will be announced before a packed room of more than 500 county business and community leaders at the Annual Gala Awards Dinner.
The 34 finalists were selected by blue ribbon committees of business leaders and industry experts, who carefully examined more than 221 nominations from the best businesses and entrepreneurs that Loudoun County has to offer.
"Just to be chosen as a finalist for Loudoun County's premier business honor is a tremendous honor. The competition for the Small Business Awards is incredibly fierce, with 221 of the most dynamic, innovative and successful companies in the region striving to earn the most prestigious recognition for business excellence in Loudoun County," said Chamber President Tony Howard.
Finalists will compete for awards in these nine categories: Agriculture & Equine; Franchise, Entrepreneur; Home Based Business; Product; Retail; Service; Small Business; and Technology. Click on this link to view the complete list of Finalists. http://www.loudounchamber.org/CWT/External/WCPages/WCNews/NewsArticleDisplay.aspx?ArticleID=30
The Chamber’s Annual Small Business Awards program is one of our highest profile events of the year and we are pleased to have the opportunity to spotlight the success stories of our local business community. You have our very best wishes and warmest congratulations.
October 28, 2009