2019 Asian Business Seminar!

The 7th Annual 2019 Asian Business Seminar has concluded with success!

第七屆亞洲商務研討會於六月二十五日圓滿成功!

 June 25, 2019 12PM to 4PM


We have wrapped up another successful Asian Business Seminar this year. This event was held seven years straight and was still supported by the local business communities. We would like to thank all the attendees, the county departments and local businesses, for making this event a not to miss opportunity for small business communities!
今年的亞洲商務研討會又迎來了一場成功的盛會。 亞洲商務研討會已連續七年舉辦,入今仍得到當地商業界的支持。 我們希望感謝所有來參加的人,各個聯邦及縣市部門及當地企業的參與,讓亞洲商務研討會成為一個資訊豐富及有實際幫助的活動!
Check here for Photo Album 按此瀏覽照片集


Seminar Topics

研討會內容

Los Angeles County Fire Department
Captain David Munoz

"Maintaining Local Fire and Paramedic Services: Meeting today’s Challenges"


  • 84% of 911 calls are for medical assistance, and the count is on the rise.
    • For the past 10 years, the emergency calls had a 50% increase while the response staff only had a 5% increase. More paramedics resources are needed to quickly respond to rising medical emergencies.
  • Outdated Community systems. Currently, the 30-year-old communication tools in use are facing being outdated and incompatible with current technology and are expensive or near impossible for repair and services.
    • Needs to upgrade emergency tools and medical response equipment and fire fighting equipment.
  • It’s been over 20 years since there has been a local funding measure dedicated to emergency services
    • We need to renew our commitment to safety to meet today’s challenges.
    • Additional funding would enable us to increase firefighter/paramedics on duty–as demand for emergency medical services just keeps growing
Your input is important! 您的意見非常重要!
Take our Survey at www.WeAreLACountyFire.org

U.S. Department of Labor 美國勞工局
Michael Wen, Sr. Investigator

“Fiduciary Responsibilities”


Employee Benefits Security Administration
EBSA is a Dept of Labor regulatory agency that oversees the management of private employer job related pensions, health and other employee benefit plans under the Employees Retirement Income Security Act of 1974 (ERISA).

Employees Retirement Income Security Act of 1974 (ERISA).
ERISA sets standards plan sponsors are required to follow in managing benefit plans.
ERISA was enacted to protect the interests of employee benefit plan participants and their beneficiaries by:
Requiring the disclosure of financial and other information concerning the plan to beneficiaries;
Establishing standards of conduct for plan FIDUCIARIES
Providing for appropriate remedies and access to the Federal Courts.

Fiduciary
A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties. Typically, a fiduciary prudently takes care of money or other assets for another person.
It is generally defines as ANYONE who exercises discretionary authority or control over a plan's management or assets, including anyone who provides investment advice to the plan. (ERISA)
CONTACT EBSA  866-444-3272 or 626-229-1000
www.dol.gov/ebsa 
www.dol.gov

Southern California Edison  南加愛迪生電力公司
Joyce Lui, Business Customer Division

“Economic Development Rate”

Protect Yourself from Bill Payment Scams and Caller ID Spoofing

  • Approximately 18,000 customers reported that they were target by imposters.
  • SCE will never ask for credit card information over the phone
  • We will not request a pre-paid Visa card
  • We will not remove your meter
  • If you receive a call, report to us via the hotline or fraud form

The Clean Power and Electrification Pathway

Realizing California’s Environmental Goals

By 2030, it calls for: • an electric grid supplied by 80 percent carbon-free energy; • more than 7 million electric vehicles on California roads; and • using electricity to power nearly one-third of space and water heaters, in increasingly energy-efficient buildings.
Charge Ready Program
Charge Ready programs support the expansion of electric vehicle charging at homes, workplaces, schools and public places, as well as fleet and industrial vehicle charging for public agencies and private industry.

New SCE Rate Changes

Changing TOU (Term of Use) Hours
As of March 1, 2019, TOU periods changed for nearly all of our business customers. On-Peak hours are 4–9 pm; to save on their energy bill, businesses should move as much energy usage as possible away from the 4–9 pm On-Peak hours to lower-priced times of day.
Super Off-Peak
A new lowest-cost Super Off-Peak TOU period from 8 am-4 pm every day from Oct. thru May. That means for eight months a year, most daytime hours will be the lowest priced TOU period of the day.
Time-of-Use Rate Options
There are times of day when energy is less expensive (morning and midday), and when it’s more expensive (late afternoon and evening). Edison is offering customers Time-of-Use (or TOU) rates to pass along the lower costs during morning and midday hours to our customers. 
 Varies Rebate Programs available.  Please contact SCE for more details
Energy Education Center
sce.com/Free workshops and seminars
1-626-812-7537 or 1-800-336-2822

Employment Development Department (EDD) 就業發展部
Richard Concepcion, Payroll Tax Specialist

“State Payroll Taxes”

  • Discuss the importance of proper worker classification.
  • Explain the differences between employees and independent contractors.
  • Define common law, statutory employment, and excluded services.
  • Identify resources to help properly classify workers. 
Reasons to Properly Classify WorkersAvoid reclassification audits and investigations by the EDD due to:

  • Worker claims.
  • Worker informants.
  • Competitor informants.
  • Prevent additional taxes, penalties, and interest.

Employee or Independent Contractor

  1. Common Law Employee: 
    • An individual who performs services for you and is subject to your control regarding what will be done and how it will be done. 
  2. Independent Contractor: 
    • An individual who performs services for you but you control only the result of the work.


EDD Resources
California Employer’s Guide (DE 44)
Information Sheet: Employment (DE 231)
Employment Determination Guide (DE 38)

Determination of Employment Work Status for Purposes of State of California Employment Taxes and Personal Income Tax Withholding (DE 1870)


Employee or Independent Contractor Seminar at: edd.ca.gov/payroll_tax_seminars

Employment Status Tutorial at: edd.ca.gov/Payroll_Taxes/Web_Based_Seminars.htm

Small Business Majority
Xiomara Pena, CA & National Latino Outreach Manager

“CalSavers”

What is CALSAVERS?

CalSavers is California's new retirement savings program for workers in the private sector who do not currently have a way to save at work.
The CalSavers program ensures nearly all Californians have access to a workplace retirement savings program. CalSavers offers employees a completely voluntary, low cost, portable retirement savings vehicle with professionally managed investments and oversight from a public, transparent board of directors, chaired by the State Treasurer.
Do you know: Based on savings $125 per month starting at age 24, you could possibly have a quater million dollars at age 65?
for  more information please visit: saver.calsavers.com or call (855) 650-6918

 

STC Management
John Hsu, CCIM, CEO of STC Management

“What do you must know to invest in Commercial Real Estate”


What we must know to invest in commercial real estate
  • As a retail center landlord, what are the typical responsibilities under the lease?
  • As a retail center tenant, what are the typical responsibilities under the lease?
  • What kind of risks are associated with commercial real estates?
  • What kind of leases are involved with commercial real estates?
  • When should we sell our CRE and when should we buy CRE? 
  • CRE terms: Co-Tenancy Agreement, Ground Lease, Estoppels, and etc.
What are the pros and cons of investing in commercial real estate?  
  • Is it always valuable to have a long term lease?
  • What are the reasons a retail center can outperform residential rental units?
How do we increase the value of commercial real estates?
  • What’s Cap Rate?
  • What’s IRR or Internal rate of return?
  • What’s Cash on Cash Return?
  • What’s Discounted Cash Flow?
  • Cash Flow vs. Appreciation
Current Status of our most recent project: STC Anaheim GardenWalk
  • Occupancy Rate has risen from 68% at the time of purchase to 95% in a less of a year.
  • Collaborations with the Anaheim City and local business groups
Which of the following investment scenarios can potentially create higher investment risks to the investors?
  • Case Study 1 - $12,000,000 commercial property in Diamond Bar 
  • Case Study 2 - $15,000,000 commercial property in Pico Rivera 
  • Case Study 3 - $13,000,000 commercial property in Baldwin Park
If you are interested in the STC Investment Projects, please contact marketing@stcmanagement.com to set up a appointment. 
如果您對STC投資項目感興趣,請聯繫 marketing@stcmanagement.com 預約詳談。

Business Expo Booth 展出單位
Los Angeles County Department of Consumer and Business Affairs 洛縣消費者商務部門
Los Angeles County Department of Public Health 洛縣公眾健康部門
Los Angeles County Department of Public Works 洛縣公共工程部
U.S. Small Business Administration 美國小型企業管理局
Los Angeles County Community Development Commission 洛縣社區發展委員會
Los Angeles County Sheriff’s Department 洛縣警察局
Los Angeles County Department of Regional Planning 洛縣區域規劃部門
U.S. Department of Labor 勞工局
Los Angeles County Office of the Assessor 洛縣評估員洛杉磯郡辦公室
Los Angeles County Treasurer and Tax Collector 洛縣財務及稅收部門
Los Angeles County Fire Department 洛縣消防局
County of Los Angeles Internal Services Department
Employment Development Department (EDD) 就業發展部
Office of Congressman Gil Cisneros
Office of State Senator Ling Ling Chang
Rose Hills
New York Life
Metropolitan Adjustment Bureau, Inc.
Farmers Insurance
California Choice
California Small Business Majority
Univ. of La Verne Small Business Development Center
Kaiser Permanente
California Edison
Hong Kong Trade Development Council
Alexandre Law Group
Rose Hills Memorial Park & Mortuary
Regional Chamber of Commerce San Gabriel Valley 聖蓋博谷商會
Co-Host
 Los Angeles County Department, Janice Hahn’s Office and STC Management 洛杉磯縣政府及STC資產管理公司

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