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Month: October 2024

Home Brewer Parlays His Enthusiasm For Quality Beer Into A ‘Nano-Brewery’

Posted onOctober 15, 2024

By Jill Nagy

At Ferdle Turtle Brewing Company, owner/brewer Alexander Fredell brews his beer one barrel at a time. 

He refers to his operation as a nano-brewery, smaller even than micro. Still, he keeps four beers on tap: dark lager, lager, India pale ale, and a “rotational” selection. 

A tasting room takes up about half the space.

In late September, Octoberfest, a malty, slightly sweet brew, was “flying out the door” and a pumpkin ale was almost ready to replace it. 

“It’s a nice problem to run out of beer,” Fredell said. 

The brewery is located at 161 Broad Street (Route 29) in Schuylerville. It is tucked in under Sweet Lou’s Bistro and “we try to play off each other,” Frerdell said. 

Ferdle Turtle doesn’t serve food, except for some chips and salsa, but people can bring their beer upstairs to Sweet Lou’s or bring their food down to the brewery. Fredell is starting to serve a 12-inch pizza.

Fredell started as a home brewer. During the Covid pandemic, he said, “I switched my career path,” and been working at a brewery, a somewhat larger operation than his present one: about 50 barrels at a time. 

“Now, I am down to one barrel at a time,” he noted.

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Barbering Friends Open Ballston Spa Barber Club In Carousel Village Shops

Posted onOctober 15, 2024
Ballston Spa Barber Club owners Gilberto Barron-Nunez (center left) and Raffaele Rispo are flanked by barbers Shane Cook (left) and Pierre Lemoine.
Courtesy of Ballston Spa Barber Club

By Jill Nagy

Raffael Rispo and Gilberto Barron-Nunez have been friends for many years. They learned barbering together and, for almost 10 years, worked for the same company. Now, they have their own shop, Ballston Spa Barber Club in Ballston Spa.

“It’s just a barber shop,” Rispo explained. The “club” reflects their strong interest in sports. There are no membership requirements or dues. “We want to cater to all kinds of people, he added.”

The shop is located in the busy Carousel Village, between a gym and karate studio, near several restaurants and a hair salon, and across from a former Pizza Hut morphing into a Ted’s Fish Fry. 

“The barbershop fits in well here,” Rispo said. 

Walk-ins are welcome, encouraged in fact, but they also accept the appointments.

Most of the shop’s business is haircuts. They also give “really good shaves, especially hot towel shaves,” he said. “We love doing that.” 

For clients who do not shave, they trim, sculpt, and otherwise take care of beards. 

“A lot of our client have beards. They are very prevalent,” he said. 

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Saratoga Springs-Based Uncommon Grounds Chooses Queensbury For Its Fifth Location

Posted onOctober 15, 2024
Since 1992, customers have been enjoying the fresh bagels, pastries and exotic coffees available at Uncommon Grounds.
Courtesy of Uncommon Grounds

By Paul Post

Emily Ellenbogen has done just about everything at Uncommon Grounds, from baking and kitchen prep work to set-up and hiring for the company’s newest store at 751 Upper Glen Street in Queensbury.

The site has quickly caught on with students, young professionals and small groups of seniors; anyone looking for a quiet place to work or simply relax and enjoy delicious fresh-roasted coffee and tempting baked goods, made on site from scratch.

“Uncommon Grounds is the ‘third place’ for customers,” Ellenbogen said. “You’ve got home, you’ve got work. Uncommon Grounds is the third place. We like people to feel comfortable here, sitting doing work or just relaxing where they don’t have to be pressured to do things at home or work. They’re here to do whatever they want.”

The spacious, 8,000-square-foot tastefully designed location fills a retail venue previously occupied by a Recovery Sports Grill restaurant whose walls were adorned with huge television screens and all sorts of sports memorabilia. That noisy atmosphere has been replaced by a much more cozy setting with handsome wood paneling, a dropped tin ceiling and hanging plants

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Business Briefs: October 2024

Posted onOctober 15, 2024

The Board of Directors of Arrow Financial Corporation (NasdaqGS® – AROW) on October 2, declared a quarterly cash dividend of $0.28 per share payable October 29, 2024 to shareholders of record on October 15, 2024. This represents a 3.7% increase to our quarterly dividend and is in lieu of the 3% stock dividend the Company has declared in recent years. This cash dividend marks the 46th consecutive quarterly cash dividend declared by Arrow.

“We are pleased to deliver enhanced value to our shareholders with the increased cash dividend,” said Arrow President and CEO David S. DeMarco. “So far this year, we have returned more than $6.4 million of capital to shareholders through share repurchases, in addition to the regular quarterly 2024 cash dividends of $13.6 million paid to date. Our continued success allows us to offer increased returns to our shareholders.”

*     *     *

Saratoga Hospital has replaced its CT scanner in the Emergency Department with a state-of-the-art Siemens X. Cite model, thanks to the generosity of key community donors. The Saratoga Hospital Volunteer Guild and The Robert and Lisa Moser Family Foundation contributed the lead gifts to the project, as well as generous support from Bill and Susan Dake, Mike and Linda Toohey, and Millennium Medical Imaging. 

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Heidi Owen West’s Retail Outlets Are About To Expand With A New Store In Albany

Posted onOctober 15, 2024
Heidi Owen West is in the process of opening a second Union Hall Supply Company.
Courtesy of Heidi Owen West

By Jill Nagy

Heidi Owen West’s entrepreneurial spirit manifested itself early. 

At 16, she began working at concessions at the Saratoga Performing Arts Center, and “I loved it…loved working with people,” she said. 

She continued at SPAC through high school and college. Also, while still in high school, she worked at Filene’s department store in Albany. When she was in college, she worked with her mother,  Kay Owen, herself a serial entrepreneur, at her mother’s business, Indulgence Cafe and Bakery.

Owen West describes her mother as an “entrepreneur at heart” who left a state job to open the cafe and bakery. She sees a “lineage of entrepreneurial spirit” running through her family.

Mother and daughter abandoned the bakery and cafe in the late 1990s to open Lifestyles of Saratoga, a women’s apparel store at 436 Broadway. The store, according to Owen West, offers a “curated selection” of sustainable women’s brands, the best known of which is Eileen Fisher. The store carries several small batch brands and tries to meet the needs of women of all body types and sizes and offers a broad selection price-wise, Owen West noted.

As Lifestyles began bursting its seams, the space next door became available and Caroline and Main was born, a shop catering to a somewhat younger and more contemporary clientele. She begun designing some of her own products, working with local designers, and bringing in local bands of items like jewelry and candles. 

Meanwhile, a seating area at Lifestyles began filling up with men, West recalls. 

“They wanted their own space,” she said. 

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CFO+ Provides A Number Of Key Business Services To A Wide Variety Of Clients

Posted onOctober 15, 2024
Sabrina Houser is the owner of Capital CFO+ in Saratoga Springs.
Courtesy of Capital CFO+

By Christine Graf

After two decades of working in the non-profit sector, Schenectady native Sabrina Houser established Capital CFO+ in 2017. The Saratoga Springs-based company provides business management solutions to companies and non-profits of all sizes. 

“We focus on five key areas–accounting, marketing, administrative services, business management services, and non-profit management services,” said Houser. “Our services include human resources, payroll, recruitment, grant writing, and leadership training.” 

Prior to opening her own company, Houser was the CEO and CFO of Big Brothers Big Sisters of the Capital Region. It was while working there that she came up with the idea of opening her own business. 

During the past seven years, Capital CFO+ has experienced rapid growth. Houser now has 40 employees, all of whom work remotely as well as on-site with clients. Her staff includes five directors, each director responsible for one of the five services the company offers. 

According to Houser, Capital CFO+ has a diverse client base, one that is split equally between companies and non-profits.

“Our clients include doctors, lawyers, construction companies, and property management companies. On the non-profit side, we have youth organizations, historic organizations, and foundations. We also have a couple of universities that partner with us for their foundations.”

Each one of the company’s clients has unique needs, enlisting Capital CFO+ for as many or as few hours as necessary. 

Read More

Shipology Provides An Invaluable Link Between Entrepreneurs And Their Clients

Posted onOctober 15, 2024October 28, 2024
Shipology partners with e-commerce entrepreneurs to provide warehousing and shipping services designed to ensure optimum coordination with their clients.
Courtesy of Shipology

By Ann Donnelly

Shipology, a woman-owned fulfillment center, is making waves in the e-commerce industry by providing essential logistics services to small businesses. 

Founded in 2020, Shipology offers a range of services, including warehousing, inventory management, and shipping, to help entrepreneurs streamline their operations and focus on growing their businesses.

The idea for Shipology was born from the founders’ own experiences running e-commerce businesses. Keri Wytrwal, who was working as a marketing professional, started Wetplants.com to sell high-quality aquatic plants online from her home. After encountering significant challenges with shipping time frames and costs, she reached out to friend Amanda Schermerhorn, who was working as a director of operations for an e-commerce company. According to Wytrwal, “I went to Amanda’s house in tears because over 40 percent of my orders one week arrived dead because they took over two weeks to ship to clients.”

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Every Penny Bookkeeping Provides A Suite Of Services To Help Its Clients Succeed

Posted onOctober 15, 2024
A variety of services are offered by Lourene Bouffard through Every Penny Bookkeeping.
Courtesy of Every Penny Bookkeeping

By Ann Donnelly

Lourene Bouffard, the founder of Every Penny Bookkeeping & Business Services, is a passionate entrepreneur on a mission to empower business owners with financial clarity and confidence. With decades of experience, Bouffard offers a unique blend of expertise beyond traditional bookkeeping.

“I’ve found that bookkeeping is the starting point, but we do much more than bookkeeping. When you delve into the numbers, you gain a deeper understanding of the business,” Bouffard explained.

Bouffard’s journey began with a desire to become a CPA. However, after witnessing the struggles of small business owners firsthand, she made a bold decision. 

“After about 20 years or so working in different industries and having various roles in management, payroll, and business advising, I decided that I wanted to go off on my own and do more for businesses that are struggling.”

She realized many businesses lacked the foundational knowledge and systems to achieve financial stability and growth. Seeing this frustration fueled her desire to help bridge this gap and allow business owners to take control of their finances. 

“There are so many people who have great business ideas, but they are not sure how to run a business, don’t know how to watch their finances, don’t know what they’re looking for, don’t have the right processes, or the right people needed for their business to succeed financially,” she said.

Every Penny Bookkeeping provides a comprehensive suite of services to meet each client’s needs, including Bookkeeping & Accounting, Business Consulting & Coaching, Financial Analysis & Forecasting, Diagnostic Reviews, Software Training, Payroll Services, and Debt Counseling. 

Read More

Boylegroup Works With Furniture Purveyors And End-Users To Ensure Mutual Satisfaction

Posted onOctober 15, 2024
Account Manager Jill Jones helps streamline the office furniture acquisition process.
Saratoga Business Journal photo

By Christine Graf

Ballston Spa-based Boylegroup represents manufacturers in the commercial furniture industry, serving the Capital Region, Central, and Western New York.  The company acts as a link between furniture manufacturers, commercial furniture dealers, and end-user customers. Their diverse customer base includes universities, businesses, and hospitals. 

Among the manufacturers represented by Boylegroup are OFS, a manufacturer of office furniture; Carolina, a manufacturer of furniture for healthcare applications; and Vondom, a manufacturer of outdoor furniture. 

“We have furniture dealers throughout the state, and we act as the middle man between the dealer and the manufacturer. We are the local arm for the manufacturer,” said Boylegroup Account Manager Jill Jones. “We help customers with anything that they need help with when placing their order for the furniture. We show them samples of our products and give them quotes and pricing along with drawings and layouts. And, if they have a warranty claim, we would help them with that.”

According to Jones, Boylegroup works extensively with architects and designers throughout the state. “We have a designer on staff, and they contact her when they are working on a project and want to use our furniture within their project. They would send the layouts to her and then she works with them to choose products to fit the space and the design.”

Boylegroup’s designer, Natali Cobb, also works with individual clients, assisting with space planning, material and finish selection, and furniture specification and design.

Read More

Saratoga Springs Boasts The Lowest Office Vacancy Rate In The Capital District

Posted onOctober 15, 2024

By Paul Post

“Saratoga is a uniquely vibrant county in upstate New York There’s just no other way to look at it.”

That, in a few words, sums up the continued strong demand for Saratoga County office space as firms large and small are attracted to the area’s healthy business climate and attractive quality of life that helps bring top-level talent to the region.

“We just released our first half report,” said Associated Broker Tom Savino, of CBRE Upstate. “Firms want to have a presence in downtown Saratoga because they can use it as a recruiting tool for people from outside the area. In Clifton Park we’re back to pre-COVID levels in terms of activity. There was a fair amount of empty space, some of which was left behind by healthcare consolidation. Then a large building was donated to the school district, which took that off the market. “Tenants coming back had to go somewhere, so space that had been empty for a while is now beginning to fill up,” he said. “It’s across the board. I’ve dealt with attorneys, engineering firms, a variety of things. There’s no specific industry that gobbles up the space.”

Demand is strong from both existing firms seeking to expand and small start-ups in search of a place to launch and grow their business.

“It’s a combination of both,” Savino said.

CBRE is the largest commercial brokerage firm in the country.

In 1998 Robert Cohn Associates, the largest commercial brokerage firm in the Capital District market at the time, became a partner office of CBRE.

Ownership remained local.

In April 2023 CBRE-Albany combined with the CBRE offices in Buffalo, Rochester and Syracuse to become one entity, CBRE Upstate. It handles sales and leasing for all types of commercial real estate from industrial to multi-family.

The new report says Saratoga Springs has the lowest office space vacancy of any city in the Greater Capital Region including Glens Falls, Albany, Schenectady and Troy. And it by far continues to demand the highest lease rate, about $27 per square foot, despite a nearly $2-per-square foot decline from the first half of 2023.

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