DECEMBER 2015
Southwest Florida BUSINESS TODAY
Page 3
Major expansion of medical facilities underway Southwest Florida continues to experience development of new hospitals and specialized medical centers, medical offices, outpatient centers and a wide range of support facilities. Dave Kistel, vice president of Facilities and Support Services with Lee Memorial Health System, will provide an overview of current projects and long term plans at the luncheon meeting of the Real Estate Investment So-
ciety (REIS) at 11:45 a.m. Dec. 8 in the Osprey Room at Pelican Preserve’s Clubhouse, on Treeline Avenue at Colonial Boulevard, one mile east of I-75 exit 136 in Fort Myers.. The growth of the medical sector has emerged as a driving force for commercial real estate and construction in the region. The investment in health care facilities is also an important factor for new residents moving to
SS Hookers celebrates its one-year anniversary SS Hookers’ Seafood, Southern and Cajun-style restaurant, located near the Sanibel bridge in Fort Myers, is excited to celebrate its oneyear anniversary and bring a new style of waterfront view dining to Southwest Florida. Paying tribute to the rich history of Punta Rassa, the home of big game fishing, SS Hookers is where fishing tales come to life. It overlooks the very waters where it all started. William Halsey Wood made history as the first person to land a tarpon on rod and reel in 1885 at Punta Rassa. Up until that moment, many fishermen said it couldn’t be done. But he proved them wrong, capturing
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P.O. Box 152299 Cape Coral, FL 33915-2299 News: 239-573-9731 All other: 239-573-9732 News email: editor@swfbiztoday.com All other information requests: publisher@ swfloridabusinesstoday.com The contents of Southwest Florida Business Today are copyright 2013 by Southwest Florida Newspapers, Inc. No portion may be reproduced without the express written consent of Southwest Florida Newspapers, Inc. The publication of any advertisement or article does not necessarily reflect the view of the publisher of Southwest Florida Business Today. For more information about any article or column appearing in Southwest Florida Business Today, for advertising rates or subscription information please call 239-573-9732 or email: publisher@ swfloridabusinesstoday.com
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a 5-foot, 9-inch Tarpon that weighed 93 pounds with his bamboo pole. He didn’t stop there. The gentleman from New York City caught a total of five tarpon during his week-long visit. His story has inspired countless others to pursue the “Silver King,” and for several generations now, people have flocked to this very spot in pursuit of Tarpon. Theodore Roosevelt, Earnest Hemingway and Thomas Edison have written passionately about the epic battle between fish and man that takes place here. The most famous was author Zane Grey, who did more than write about big game fishing. In 1924, he caught the world’s largest fish in Nova Scotia. His next move was to Fort Myers, where he and others started a big game fish charter service. So the word got out, and today people come to the Gulf of Mexico from all over the world, demonstrating their intense fascination with big game fishing and their massive appetite for adventure. SS Hookers honors that hunger, providing delicious meals and a place to share and hear fishing tales, both big and small. After a triumphant day of fishing, anglers are invited to have their own catch cooked by our chef. SS Hookers is owned and operated by Sandy Stilwell, a Lee County resident who also owns and operates the Captiva Island Inn, Keylime Bistro, Sunshine Seafood Café & Wine Bar, Cantina Captiva, RC Otters and Latte Da.
this area. Following the presentation, Kistel will respond to questions of specific interest to the real estate investment and development industry. Kistel has overseen the growth of Lee Memorial Health System for many years through acquisitions, expansion and new development. Lee Memorial Health System is Florida’s largest nonprofit public health system, with 1,423 beds and 10,500 employees. It serves
more than 1 million patients a year and reported $1.36 billion in revenues for its most recent fiscal year. The meeting is sponsored by Krise Commercial Group. Admission is $30 for members and $40 for guests, which includes lunch. Reservations are required by Dec. 2 and may be made at the REIS web site (reis-swfl.org). For further program information, contact Amanda Brock at (239) 344-1269.
Managing your cash flow through seasons
Q: Mine is a cyclical small busispring and sumness. During the spring and summer mer months, months my cash flow is quite good. you must put aside sufficient The winter months are usually slow, funds to carry generating little income. Admittedyou through the ly, I am not a good money manager. winter months. What do you suggest? You also A: You should start by creatneed to manage ing a budget, a 12-month cash flow your payables analysis of income and expenses. and receivables SCORE provides an excel template – that is, money that can accessed by logging on to owed to your Richmond.SCORE.org and click BY GRAY POEHLER vendors and on “Templates & Tools” and then money owed to “Business Plans & Financial State- Guest Columnist you by your cusments.” Look back over the prior 12 tomers. With payables you should try to months and plug in the income you negotiate the most favorable payreceived in each. Your expenses fall into two cat- ment terms, extending payments to egories – fixed and variable. Fixed 60 or 90 days if possible. In return expenses would include rent, utili- you should always pay your bills on ties, insurance, salaries and payroll time. With customer accounts receivtaxes. Variable expenses would include such items as legal, account- ables, be sure to establish payment ing, automotive, replenishing inven- terms in writing. There are a number of ways to tory and supplies. You would assign fixed and speed up collections. You can create variable expenses to the months in electronic invoices and payment by which they fall due, using the prior credit card. You can also offer nominal dis12 months as your guide. Going forward, you would re- counts to customers who pay quickplace the estimated income and ex- ly and charge late fees to those who pense items with the actual monthly are delinquent. The goal here is to revenue received and expenses paid convert receivables into cash in your bank account. out. Your customer accounts receivIn this manner you will know at a glance when your expenses fall due ables should be aged by 30, 60 and and prepare accordingly. Suffice to 90 days. Those over 30 days should say when cash flow is good in the be sent a reminder. Those over 60 days should receive a phone call and those over 90 days should be turned over to a collection agency. Remember, the only good customers are those who pay their just debts in a timely manner, as originally agreed ...is what keeps you and your business upon in writing. keeps you and your ahead of ...is thewhat game. It is recommended that you exbusiness ahead of the game. amine and update your budget and cash flow forecast every month. Due to expansion, SWFBT seeks delivery This allows you to see if you SWFL Business Today seeks delivery are meeting or exceeding income professionals for both the Cape Coral people for its monthly newspaper and expense estimates, and where and Bonita Springs areas. call in Estero. Please callPlease for details. you may need to make adjustments 770-7527 for(239) details. (239) 770-7527 along the way.
Anticipating what’s next... Anticipating what’s next...
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Gray Poehler is a volunteer with the Naples Chapter of SCORE. To learn more about management issues facing your small business, contact SCORE Naples. Counseling is provided FREE of charge to all U.S. citizens and legal aliens. Call (239) 430-0081 or visit Naples. SCORE.org/mentors. A counselor will contact you within 48 hours. Please include your name, email address and a contact phone number.