BUSINESS BRIEFS
Entrepreneurial climate picks up
Advertiser Staff
Hawai'i ranked 46th among the states for its climate for small business and entrepreneurship, according to the Small Business Survival Index 2005 published yesterday by the Small Business & Entrepreneurship Council.
The state improved its ranking from 49th in 2004. The Washington-based Council looked at the states to determine whether public policies help or hurt the entrepreneurial sector of the economy.
"Of the many negatives, Hawaii imposes high personal income and unemployment taxes, a fairly high capital gains tax, very high consumption taxes, a higher minimum wage, and the highest electricity costs," the report said. At the same time, Hawaii benefited from low property and gas taxes, no added "S-Corp" or death taxes and no individual or corporate alternative minimum tax, the report said.
TRAVEL SCHOOL TO HONOR SCHALL
Former Hilton Hawai'i executive Peter Schall will be honored Nov. 1 at the University of Hawai'i-Manoa's School of Travel Industry Management's "Celebrate A Legacy in Tourism" annual fundraiser and silent auction event.
Schall, whose career at Hilton in Hawai'i spanned nearly 20 years, retired in July as senior vice president of Hilton's Hawai'i region and managing director for the Hilton Hawaiian Village. For more information about the TIM School event at the Hilton Hawaiian Village, call Lee-Ann Choy at 864-9812.
MESA PROVIDES PROPOSAL DETAILS
Mesa Air Group said yesterday it has met with officials from the State of Hawai'i's Department of Transportation to provide them with details of Mesa's proposal to provide interisland airline service.
That is one of the required steps Mesa must undertake in order to follow through with plans to begin service early next year. Included in the proposal was information outlining the proposed flight schedule, key management personnel, relevant federal certifications, type of equipment to be operated and copies of audited financial reports.
Key Mesa management led by Maurice Parker, a member of Mesa's board of directors, are in Hawai'i preparing for the start of the operations.
