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Business Association Guide

Business Association Guide - London, Ontario · 1.1 What is a Business Association? 1.2 Why Start a Business Association? 1.3 Getting Started 1.4 First Meeting 1.5 Meeting Tips 2.0

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Page 1: Business Association Guide - London, Ontario · 1.1 What is a Business Association? 1.2 Why Start a Business Association? 1.3 Getting Started 1.4 First Meeting 1.5 Meeting Tips 2.0

Business Association Guide

Page 2: Business Association Guide - London, Ontario · 1.1 What is a Business Association? 1.2 Why Start a Business Association? 1.3 Getting Started 1.4 First Meeting 1.5 Meeting Tips 2.0

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Table of Contents1.0 Getting Started1.1 What is a Business Association?1.2 Why Start a Business Association?1.3 Getting Started1.4 First Meeting1.5 Meeting Tips

2.0 Things to Do2.1 Events2.2 Marketing & Communications2.3 Decorations & Maintenance2.4 Raising Funds

3.0 Organization3.1 Boards & Committees3.2 Bylaws & Constitution3.3 Goals, Objectives & Plans3.4 Mission3.5 Incorporation

Photo by Amy Muschik, Hyde Park

Page 3: Business Association Guide - London, Ontario · 1.1 What is a Business Association? 1.2 Why Start a Business Association? 1.3 Getting Started 1.4 First Meeting 1.5 Meeting Tips 2.0

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Getting Started1.0

Photo by Cate Abbott, Old East Village

Page 4: Business Association Guide - London, Ontario · 1.1 What is a Business Association? 1.2 Why Start a Business Association? 1.3 Getting Started 1.4 First Meeting 1.5 Meeting Tips 2.0

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1.0 Getting Started1.1 What is a Business Association?

A business association is a group of businesses who voluntarily work together to:

• Collectively market as a district • Coordinate seasonal decorations • Advocate for the interests of all businesses in the district • Organize events • Coordinate other business activities (sidewalk sales, giveaways, etc.) • And more

A Business Association is different than a Business Improvement Area (BIA). A BIA is established through the Municipal Act by the City. Once established, a levy is paid with the property taxes. For more information go to: www.obiaa.com

Local examples of Business Associations include:

• Old South Business Association www.oldsouthba.ca • Hamilton Road Business Association www.hamroad.com

Local examples of Business Improvement Areas (BIAs) include: • Argyle Business Improvement Area www.argylebia.com • Old East Village BIA www.oldeastvillage.com

Note: this guide is not intended for BIAs.

If you have any questions about BIAs, please contact Jim Yanchula, 519-661-4980 x7544, [email protected]

Photo by Cate Abbott, SOHO

Page 5: Business Association Guide - London, Ontario · 1.1 What is a Business Association? 1.2 Why Start a Business Association? 1.3 Getting Started 1.4 First Meeting 1.5 Meeting Tips 2.0

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1.2 Why Start a Business Association?

• cost effective marketing and promotion of district and share advertising costs • sharing business expertise, networking and mentoring • collective voice on key issues to improve conditions that support business success • connect with other businesses owners in the district • easier communication among business members

1.3 Getting Started

Establish a core group – Getting started can be the most intimidating part but it doesn’t have to be! Don’t over think it, ask some business owners in the area if they are interested in forming a business association. Keep doing this until you have 3 to 5 business owners who are willing to commit to the group.

Hold The First Meeting – With the help of your core group, invite the other area business owners to a meeting. Pop in or phone your fellow business owners, distribute flyers (in print or online).

1.4 First Meeting

Where & When?

The first meeting can be hosted by one of the local businesses that has meeting space like a restaurant/bar or office space. If one is not available, you could try a local library or community centre. One of the biggest challenges is coordinating a time that is convenient for all to attend. Often this involves early morning meetings (where people can get coffee/breakfast/snacks) or evenings after most shops are closed.

What to Cover?

• Introductions — Who is there and why? • Contacts — Be sure to collect names, emails, phone numbers and addresses by passing around a sign-in sheet. • Assets — What makes your business district great? • Issues — What issues are impacting the business community? • Boundaries – Where is your business district? • Quick Wins — What could the group focus on in the short term? Examples include: Sidewalk sale, seasonal decoration, or event. • Next Meeting — When and where will you meet next?

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1.5 Meeting Tips

• Create an agenda (click here for a Sample Agenda) • Pass around a sign-in sheet and ask for contact info • Use name tags • Include introductions and ice breakers (click here for examples) • Assign a meeting facilitator to keep the discussion productive, focused, and moving forward. • Assign a note taker and send out meeting notes to everyone after the meeting • Establish a decision making process (click here to see group decision options) • Create a meeting schedule that works for you, this may be monthly, quarterly, or when the need arises • Have fun!

Jaydancin & Zoe’s Market Place, Lambeth

Page 7: Business Association Guide - London, Ontario · 1.1 What is a Business Association? 1.2 Why Start a Business Association? 1.3 Getting Started 1.4 First Meeting 1.5 Meeting Tips 2.0

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Things to Do2.0

Downtown London

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2.0 Things to DoBefore you get started with activities, it is a good idea to conduct a survey of your area businesses, members or not, to determine what the top issues and opportunities are.

2.1 Events

Events are a great way to promote your business district and attract more people and excitement. They can be very simple, like a sidewalk sale or more elaborate, like a street festival. The below list is just a starting point, use your creativity!

• Sidewalk Sale • Street Festival • Canada Day Celebration • Halloween Party • Cruise Night • Pub Crawl • Fashion Show • “Taste of [District/street name]” • Clean up events (London Clean and Green – 20 Minute Makeover) 2.2 Marketing & Communications

Marketing a business individually can be expensive. Pooling money together and promoting your business district is a great way to stretch your dollars and gain broader attention. Some common marketing tools for business districts include:

• Business Directory (online or print) • Website • Social Media • Email Newsletter • Advertising (Print, online, billboards) • Signage • Banners on lamp posts

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2.3 Decorations & Maintenance

A little goes a long way with decorations and maintenance. Check out this list of potential projects:

• Seasonal decorations on the street, sidewalk, parking lot • Coordinated window decorations • Planting flowers in the spring/summer • Public Art • Wayfinding Signage • Infrastructure – benches, bike parking, trees. • Paid maintenance work – regular cleaning

2.4 Raising Funds

Money helps your business district make a bigger impact and allows for long-term planning. A few common ways to raise funds include:

• Membership • Fundraising events • Grant writing – grant writing tips here

Photo by Cate Abbott, Downtown London

Page 10: Business Association Guide - London, Ontario · 1.1 What is a Business Association? 1.2 Why Start a Business Association? 1.3 Getting Started 1.4 First Meeting 1.5 Meeting Tips 2.0

Downtown London10

Organization3.0

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3.0 Organization 3.1 Boards & Committees

A business association may be big or small, formal or informal. Regardless, it is important to have some structure to your association to help share the work load and ensure that every voice is heard.

Board of Directors / Executive

The board positions are usually elected by the membership at the Annual General Meeting and should be rotated every 2 to 3 years to avoid dependence and ensure inclusivity. Positions include:

• Chair: Prepares meeting agendas and facilitates the meetings • Vice Chair: Fills in for the Chair when he/she is not available and assists Chair with duties • Treasurer: Responsible for the association’s finances • Secretary: Keeps people informed through taking and distributing meeting minutes and informing members of upcoming meetings

Committees

Sub-committees are used to further delegate the workload and are typically led by a facilitator who reports to the Board. Typical sub-committees include:

• Communications: Newsletter, website social media and emails • Fundraising: Coordinates fundraising events and activities • Special Events: Specific to the event • Membership: Manages the membership process

3.2 Bylaws & Constitution

Bylaws govern the way an association functions and defines the roles and responsibilities of members.

Business Association Bylaws should include the following parts:

• Name of Association • Boundary • Mission and objectives • Definition of Membership • Board Governance • Executive

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• Members at large • Number of meetings per year • Quorum • Committee structure • Term for executive members • Process for filling vacancies • Annual General Meetings • Decision making process • Fees • Record keeping • How the association may dissolve itself and what happens with assets prior to dissolution

Click here for a sample of Bylaws for a business association.

3.3 Goals, Objectives & Plans

Establish Priorities/Goals

An association’s goals should relate to its vision and mission (see section 3.4). They are broad and general outcomes that require long-term action. Examples include:

• Build a Brand: To establish a brand for our business district and build awareness across the city • Clean and Tidy: To keep our public spaces clean and free of litter

Set Objectives for Each Goal

Objectives are tied to priorities/goals and may be short-term or long-term. They are the steps, actions, or projects your group will take to move toward achieving its goals. Objectives will often relate to more than one goal. Examples include:

Wortley Village, Old South

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Goal:

• Build a brand for our district

Objectives:

• Create a name and logo for our district • Develop a marketing campaign to spread the word • Organize an event to promote the new brand • Put banners along the street with the brand

Create a Work or Action Plan

Every objective or project needs a plan of action to ensure success and effective delegation. Taken together, those plans produce your organization’s Strategic Plan and will help provide overall guidance and direction to your association over the course of a year.

A good plan should include the following considerations:

• Roles and Responsibilities – who is doing what? • Timeline and Milestones – what are the key steps and when will they happen? • Resources – what equipment, space, budget, volunteer/staff or partnerships are needed to achieve the objective? • Success Measurements – how will you know you have succeeded? • Scope – what is in and what is out of the scope of this work? • Review and Report – was the project successful? Did the work align with the plan? Why or why not?

Click here for a Work Plan template.

3.4 Mission

Although defining your mission can be time consuming and difficult, if successful, the process can help to bring the group together while providing meaning and direction to your activities.

A mission is an organization’s “reason for being” and describes the work it does. The mission can be used as a public description and should be simple enough to be recalled by all members of the board.

Your mission can be determined by answering the following three questions:

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1. What key benefit or outcome do we deliver? 2. For whom do we do it? 3. How will we do it?

Example:

• Create a business-friendly environment by cultivating a strong community of businesses, promoting the district and advocating for common interests.

3.5 Incorporation

Incorporation is not necessary for business associations but does have benefits.

Why Incorporate?

• Provides legal protection for members • Allow the association to apply for some grants independently • An incorporated association can also take legal action against a third party if necessary

Why Not Incorporate?

• The cost can run anywhere from $500 to $1,000 • Maintaining the incorporation takes time and energy

How To Incorporate?

• Can be done federally or provincially • You must have a unique, non-generic name • Requires a clear mandate or corporate objects • Requires the use of a solicitor or lawyer • Online help at www.charityvillage.com

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Check out our website for helpful links to templates and examples at:www.neighbourgoodlondon.ca

Downtown London

Page 16: Business Association Guide - London, Ontario · 1.1 What is a Business Association? 1.2 Why Start a Business Association? 1.3 Getting Started 1.4 First Meeting 1.5 Meeting Tips 2.0

For more information about this guide and other NeighbourGood London programs:

www.neighbourgoodlondon.ca [email protected]