Official Show Daily • Cygnus Graphics Media
GRAPH EXPO • October 3, 2010 ■ 49 NAQP Owners Return to Chicago Owners Conference attracts more than 160 quick and small commercial printers.
to Scott Cappel, owner of Sorrento Mesa Printing in San Diego, CA. In business since 1987, he was honored for his contributions to the industry, his community, and the association. In accepting the award, he credited his employees for his success. “Without my employees, many who have been with me for 15 years, I could never have achieved the success I have enjoyed and would not be here accepting this honor.” Also singled out for recognition
NAPQ Printer of the Year Scott Cappel (3rd from left) is congratulated by NAPL/ NAQP officers Keith Kemp, Bill Gavigan and Dale Aigner.
he 2010 NAQP Owners Con- ference returned to its tradi- tional time and location in Chicago immediately prior to GRAPH EXPO 2010. Specifically tailored to the needs of the quick and small commercial printer, the con- ference featured a full slate of edu- cational sessions, the annual Awards Luncheon, and a Supplier Showcase tabletop exhibit and reception. The conference kicked off with a keynote presentation by former Kodak
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Chief Marketing Officer Jeffrey Hay- zlett who shared with attendees the key principles contained in his new book “The Mirror Test—How to Breathe New Life Into Your Business.” That was followed by a social media session and three breakout sessions including a live social media workshop. The highlight of the day was the
2010 Awards Luncheon honoring both individuals and the Printing Excellence award winning printed pieces. The 2010 NAQP Printer of the Year Award went
was Brian O’Day, former NAQP Chairman and owner of e-Print in Portland, OR. He was unable to attend so the award was accepted by his production manager. The Awards continued with recogni- tion of printing excellence in 18 differ- ent categories ranging from single col- or offset to color digital to cross-media marketing. Best of Show was awarded to Rick Schildgen of CL Graphics in Crystal Lake, IL. Day two began with a marketing
keynote and was followed by a series of breakout sessions on mergers and acquisitions, cross-media marketing, variable data, and search engine opti- mization. The conference closed with a keynote, “Taking Action! Staying Posi- tive in a Challenging Industry.” “The NAQP Owners Conference is
By Bob Hall
Rick Schildgen, owner of CL Graphics, won Best of Show in the PrintImage Excellence Awards. The awards were sponsored by Kodak.
one of the most valuable benefits of NAQP membership,” said Keith Kemp, 2009 Printer of the Year and Chairman of the NAPL Board of Directors. “It offers a unique educational opportu- nity as well as a great time to interact with one’s peers.”
Expensing and Bonus Depreciation Extended Again
Increased SBA financing and small business lending fund also approved
Section 179 expensing and 50% bonus depreciation. The legislation also continues the enhancement of popular Small Busi- ness Administration (SBA) 7(a) and 504 loan programs, extends expir- ing loan guarantees and borrower fee reductions, and provides a new $30 billion fund for smaller banks to lend to small businesses. NPES urged enactment of the new
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law that extends 50% first-year bonus depreciation, retroactive to January 1, 2010 for equipment placed-in-service by December 31, 2010. IRC Sec- tion 179 expensing is also extended for tax years beginning in 2010 and 2011, and the amount taxpayers can
resident Obama has signed into law the Small Business Jobs and Credit Act, extend- ing once again enhanced
write-off in the first year is increased from $250,000 to $500,000, with the phase-out threshold from moving up from $800,000 to $2 million. White House economists estimate that about 1.5 million companies stand ready to have their taxes lowered by utilizing these incentives and making capital investments now. In commend- ing Congress and the President for enacting this legislation, NPES Presi- dent Ralph Nappi stated that “history shows that accelerating capital cost recovery provides the leverage that brings forward needed investment in plant and equipment, which in turn generates increased economic activity and jobs.”
Even more necessary Ironically, this may be even more necessary than in the past in order
to counteract tax increases on divi- dends, capital gains and the two top tax brackets endorsed by the Obama Administration. A Tax Calculator showing how the
new expensing rules and continued bonus depreciation can make purchas- ing printing, publishing and convert- ing technology much more affordable can be found online at http://www.
npes.org/tax_calculator.asp. SBA 7(a) loans are the most flex- ible, designed for start-up and existing small businesses, and are delivered through commercial lending institu- tions. SBA 504 loans provide long- term, fixed-rate financing to acquire fixed assets (such as real estate or equipment) for expansion or mod- ernization. The new law permanently increases 7(a) loans from $2 million to $5 million, and 504 loans from $1.5 million to $5.5 million. The SBA has stated that these pro- posals will help alleviate the “lending gap” that exists between credit worthy small businesses and the financing that banks are currently making available through conventional loans.
Joining in support NPES and over 40 other trade asso- ciations that comprise the Small Busi- ness Access to Credit Coalition sup- ported these increases. NPES Presi- dent Ralph Nappi also underscored the importance of this aspect of the new law emphasizing that improved access to credit has been a top NPES government affairs priority. Unfortunately, amendments to the
legislation that would have repealed the recently enacted mandate that businesses issue IRS 1099 Forms to all vendors that provide them with $600 or more in goods or services in a year failed. But efforts continue to repeal this onerous reporting require- ment before it goes into effect in 2012. NPES has joined numerous oth-
er business organizations in vigor- ously opposing the new mandate, and believes that it should be totally repealed, not just legislatively modi- fied or mitigated administratively. For more information contact NPES
Government Affairs Director Mark J. Nuzzaco at 703/264-7235, or e-mail:
mnuzzaco@npes.org
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