Business News: November 24-30

New opportunity to live local and shop local

November has been designated Live Local Month to encourage support from neighbors and friends of the Falls Church who own or work in local businesses. Local life benefits local schools and projects and creates employment opportunities through your local taxes. As the holiday season approaches, the Falls Church Chamber is encouraging local shopping, made easier than ever with a new promotion. On Saturday, November 26th, the City of Falls Church will be offering the Small Business Launch and an opportunity to further support local businesses with the sale of the Little City Gift Card program. The Digital Gift Card contains value for your first three card purchases for use at participating stores. These include entertainment, fitness, healthcare, retail and salons. Visit https://www.fallschurchva.gov/2168/The-Little-City-Gift-Card for more information.

Falls Church Innovation—Artemis

Falls Church-based Northrop Grumman played a role in the maiden flight of NASA’s Space Launch System rocket on Nov. 16 as part of the Artemis I mission. The company’s two solid-fuel rocket boosters helped launch the flight from Kennedy Space Center. Northrop Grumman has been pioneering space for over 50 years and will continue to support the Space Launch System and Artemis missions through 2031.

Local businesses highlighted

The latest issue of Arlington Magazine has featured Dominion Jewelers for Rachelle Barimany’s specialty in updating family heirlooms. The publication named Café Kindred and Bakeshop their top 9 coffeeshops.

Webinar on cybercrime and crypto tax

The IRS Security Summit is hosting a new webinar on Tuesday, November 29 at 2:00 p.m. as part of its National Tax Security Awareness program. Titled Deeper Dive into Emerging Cyber ​​Crimes and Crypto Tax Compliance, the webinar will cover business email breaches and/or data breaches, identify the dark web and its role in cybercrime and identity theft, general understanding of virtual currency, and the IRS Efforts to combat cybercriminals and illegal activities. Participants who qualify receive a certificate of completion and tax professionals receive up to 1 CE point. To register, visit https://www.webcaster4.com/Webcast/Page/1148/47098.

Proposed restructuring of human resource programs

Virginia Secretary of Labor Bryan Slater has proposed a new, centralized department to manage the state’s efforts to bring employers and employees together. The aim is to optimize access to labor market information for job or training seekers and to facilitate policy making and data exchange. The new Department of Human Resources Development and Promotion would take over 13 separate programs from eight agencies and shift administration of some federal programs to the new department. The restructuring plan requires General Assembly approval and would allow the state to set standard targets and measures of program performance.

CBP meeting to prepare for funding

The Community Business Partnership asks: Have you ever applied for a loan and been turned down because you weren’t prepared? Would you like to apply for a loan, but don’t know exactly what documents are required or why they are important for the financing process? Do you need to prepare a loan package and need guidance in preparing it? This training session will help you understand the basics of preparing for financing and what lenders look for in important financial documents, including your personal financial statements, debt schedule, balance sheet, cash flows, forecasts, and other key financial components of a solid loan package. The free virtual session will be Thursday, December 1 from 6:00 p.m. to 8:00 p.m. with Community Business Partnership spokesperson Karlene Sinclair-Robinson, Asst. Director, Business Finance Center. Visit http://www.cbponline.org for more information. Register at https://wbcnova.centerdynamics.com/reg.aspx?mode=event&event=10420108



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