TRAINING CLASSES!!

All classes held at NJGCA HQ -- 4900 Route 33 West, Wall Township, NJ 07753

                                                                                                                                          

 CLASSIFIEDS! -- FOR SALE & HELP WANTED ADS

FOR SALE:

Business For Sale: Monmouth County gas station and repair shop in business since 2001 is for sale. Owner is relocating out of state and is interested in selling business and equipment. Owner is open to limited financing. Business has a strong 10 year lease. The building has two repair bays and the gas pumps are leased to a large independent tenant. Repair shop business currently employs a Manager and two full-time Technicians. For inquiries and more info, please call Mark at 908-670-7798.

Business established in 1980. Fully equipped repair shop with 5 lifts including an alignment rack with a 2-year-old Hunter Hawkeye alignment machine. New Hunter tire machine & wheel balancer. AAA aproved and very busy.

Pumping over 1,000,000 gallons per year. 100x300 lot with plenty of parking. Excellent location!!! Call Jim @ 201-851-3084.

         

                                                                                                                                         

NEWS AROUND THE STATE: THE NEWS YOU SHOULD KNOW

12/6/2017:
The Importance of Developing Relationships with Lawmakers

Too often, retailers believe that they cannot have any influence on how local and state elected officials vote on a piece of legislation, be it a proposed tobacco-tax increase, a new restriction on tobacco sales or any other action that would negatively affect retail operations. This perception is not accurate, because lawmakers have a duty to listen to and take into account the concerns and opinions of all of their constituents, including local businesses. One of the most important steps a retailer can take to protect their business from higher proposed taxes or other potential restrictions is to develop a relationship with local city council or town board members and the state legislators that represent the district or ward in which their store is located. Establishing a relationship before a tobacco ordinance or tobacco legislation is introduced can be helpful in educating officials so they can make a reasonable and fair decision on how to vote on a particular piece of legislation. Click the link above to learn more about reaching out to your local and state lawmakers.

12/5/2017:
7-Eleven, Sunoco Say Deal on Track

Nine months after announcing plans to acquire most of Sunoco's retail sites, 7-Eleven and Sunoco renewed their commitment to the deal this week, even as Sunoco announced a deal for the operation of 207 c-stores that were not part of the transaction with 7-Eleven. “7-Eleven Inc. and Sunoco LP are jointly committed to closing the value-creating transaction,” the companies said in a press release. “The companies believe the transaction to be in the latter stages of the regulatory approval process with the Federal Trade Commission. Subject to completion of the regulatory process and customary closing conditions, 7-Eleven and Sunoco expect closing to occur in January 2018.” When it closes, 7-Eleven’s more than $3.3 billion acquisition of 1,100 company-operated c-stores in Texas, New York, Florida and other states from Sunoco LP will bring it across the threshold of 10,000 c-stores in the United States. The deal is the company’s largest acquisition ever, taking advantage of Sunoco’s shift in focus to wholesale fuel. Meanwhile, Sunoco said it has signed definitive agreements with a commission agent to operate 207 retail sites in certain West Texas, Oklahoma and New Mexico markets that were not included in the transaction with 7-Eleven. Sunoco said it expects the conversion of these sites to the commission agent, an unnamed “proven operator,” to occur in first-quarter 2018.

  
12/4/2017:
Majority of NJBIA members say $15 minimum wage could lead to job cuts, higher prices

The New Jersey Business & Industry Association released new data this week that warns of job losses and rising prices if state lawmakers raise the minimum wage to $15 an hour.  According to the association's annual survey, nearly 2/3 of NJBIA members say raising the minimum wage would hurt small businesses. Of those members who expressed concern, 30% said they would raise prices, 29% said they would cut staff, 27% said they would reduce hours, and 11% said they would increase automation. "This discussion shouldn't be about a $15 minimum wage," said Michele Siekerka, NJBIA president and CEO. "It should be a comprehensive discussion about lifting the wages of a low-wage earner." The new data comes as Democratic leaders in both chambers of the state Legislature and Gov.-elect Phil Murphy, also a Democrat, have committed to raising the wage, but acknowledge the details will need to be hammered out in negotiations.  Raising the wage will likely face some sticking points, such as the length of time it will take to reach $15 and if the state should provide any exemptions for farm workers and teenagers. The state's current minimum wage is $8.44 an hour, but is set to increase to $8.60 on Jan. 1. State Senate President Steve Sweeney supports exemptions for agricultural workers and minors, while the Murphy wants the increase for all workers, regardless of age or industry. At a press conference last month, the governor-elect said he would favor a three- or four-year-phase in to $15 an hour, while Sweeney said he would want a slightly longer time-frame.

 
12/1/2017:
OPEC’s Easy Win Masks Tougher Oil-Market Choices Still to Come

On the surface, last week’s OPEC meeting was a no-drama success. The group of oil-producing nations agreed to extend the year-old production cuts through the end of 2018 to help boost prices… no small achievement.  Yet, as smooth as the gathering seemed to go, the deal actually left all the big questions unanswered, meaning that the real drama will commence next year. If the cuts succeed in meeting their stated goal of bringing global inventories back down to their five-year average level, how will the deal be unwound? If they don’t, will the deal extend in perpetuity? Along with the growing global economy, the production cuts have helped push up oil prices. But that has left OPEC and its allies in a quandary: How to keep global oil prices high without stimulating further growth in U.S. shale oil production. By pushing oil prices to their highest level in more than two years, with benchmark Brent trading above $63 a barrel, the cuts have allowed shale producers to lock in margins and plan new investments. Brent traded 1% higher at $63.26 a barrel in London on Thursday.  In a sign of the challenges that OPEC faces, the U.S. government reported a large increase in domestic production in September, bringing the total to 9.48 million barrels a day, the fourth highest monthly level since the early 1970s.

 

                                                                                                                                                                                          

MEMBER BENEFIT PARTNER MESSAGE BOARD:

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TMP Energy Solutions

Another Way to Save on Your Energy Bills

We have had a number of NJGCA members successfully reduce their rate per kWh signing up through our energy saving program. We know it's difficult to collect 12 months worth of previous electric bills to get an "accurate" analysis when comparing a variable rate to a fixed rate, but we now have another option available. 

This new solution is a power purchase option; the other program is still in full force and has saved members thousands of dollars. If you sign up for the power purchase option, you will be grouped with other NJGCA members until the minimum kW demand is acquired. By pooling the member's usage together, you will be able to take advantage, as large energy users do, and receive a lower kWh rate.

Each member will receive their own contract. Each member is responsible to sign and return the agreement the day it is received in order to secure the price for their group.

Please do your due diligence, so when you receive the proposal and the agreement you will be able to make an intelligent decision.

If by chance, you still want us to assess you bills, to give you a price to compare, we will require 12 months of your most recent utility bills.

There are no bills required, but we would still like to have one bill per meter on file to check account #'s, meter #'s  service addresses and other pertinent information incase there is a problem.

The term of the agreement is for 12 months. During this term period, you will have price protection against any energy price increases along with a low fixed kWh rate.

If you are interested in becoming part of this power purchase option, please contact Greg Cannon at the NJGCA.

Remember when you sign up your energy through the NJGCA Energy Program, TMP makes a considerable donation to the NJGCA Scholarship Fund through their proceeds. This has no affect on your rate, and costs you nothing out of pocket.

We hope to help hundreds of NJGCA members reduce their utility costs by participating in this and our other cost reduction programs.  Our purpose, in the endeavor, is to help NJGCA members lower their energy costs while supporting the NJGCA Scholarship Fund. 

Contact GREG CANNON at 732-256-9646 or email Greg at greg@njgca.org. Mention that you are interested in saving money on your energy bills. NJGCA & TMP Energy Solutions will handle all the rest.