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t—FORSYTH COUNTY NEWS —Wwfcmdiy, Jun* 10,1W8
Summer jobs bring new needs
The lazy days of summer are
largely a myth for many high
school and college students who
spend the season trying to sock
away money for tuition, school
expenses and entertainment. But
along with the fat paychecks of
summer comes the temptation to
use the money for impulsive pur
chases or recreation.
“Many young adults spend
much of the money they earn
immediately,” says Suzanne Boas,
president of Consumer Credit
Counseling Service. “Then come
;fall and winter, they have to use
credit or borrow from their par
ents. To prevent such a shortfall,
students should save as much as
they can during the summer.”
To help students stretch their
summer earnings, CCCS offers
the following tips.
Adopt smart financial habits.
When you receive your paycheck,
■go directly to the bank. In addi
tion, if you get paid largely in
cash, deposit your tips or wages
regularly in the bank. It is easy to
spend cash when it’ s in your
pocket. Also, avoid racking up
debt on credit cards. Instead, use
June is the time to remember the contributions of small businesses :
By Aida Alvarez
U.S. Small Business Administration
June marks the 35th annual
Small Business Week celebration.
It is a time when we commemo
rate, with pride and gratitude, the
contributions America’s small
business community makes to our
nation’s economic growth and
quality of life. The statistics speak
for themselves. America’s more
than 23 million small business
provide virtually all of the net
new jobs, employ more than 53
percent of the private work force
and generate more than half of the
nation’s gross domestic product.
At the SBA, our principal mis
sion is to maintain and strengthen
the nation’s economy by aiding,
counseling, assisting, and protect
ing the interests of these small
businesses. We achieve this by
supporting access to capital and
credit, expanding federal procure
ment opportunities, and providing
a wide range of counseling and
business education programs. In
FY 1997, the SBA provided
record levels of loan guarantees
$10.9 billion and record levels of
venture capital financing $2.4 bil
lion. The agency supported S4O
billion in federal contracting to
small businesses and provided
business counseling and training
to nearly one million small busi
nesses.
Diversity
Demographers project that by
the year 2050, there will be no
racial or ethnic majorities in
America. The face of the small
business community is changing
rapidly. Minority-owned business
es grew by 62 percent between
1987 and 1992, much faster than
the 26 percent growth rate of
small businesses as a whole.
Women-owned businesses grew
more rapidly than all firms over
the same period, at a rate of 43
percent. It’s critical that this
. increasingly diverse small busi
ness community have adequate
and fair access to the SBA’s pro
grams and services. Simply put, it
makes good business sense.
The SBA has already made
■ major strides in addressing the
' financial assistance needs of some
segments of our more diverse
J American business community.
: Since 1992, loans of African
; American and Hispanic owned
■ businesses have more than dou
bled. Loans to women-owned
business tripled during the same
jSccc Srreh £ tores
Presbyterian
SSharch
7620 Lanier Drive
off Shady Grove Road
•
Sunday School-9:45 am
Worship Service -11:00 am
Nursery Care Provided
887-6801
Rev. Scudder Edwards
' hUnister
credit wisely. Pay off what you
charge each month without dip
ping into your savings.
Plan for next year’s expenses.
Calculate how much money you
will need for tuition, room and
board, books, clothes, club dues
and living expenses. Then figure
out how much you must save
monthly to achieve the total need
ed.
Develop a summer budget. To
create a plan, divide your monthly
expenses into categories such as
gas, insurance, car payments,
food and the like.
Make sure to include the savings
figure you calculated above. Then
tally your expenses and compare
to your income.
If expenses exceed income, you
may have to adjust your budget
by cutting back on non-essential
items such as entertainment, eat
ing out and clothing.
Look for inexpensive summer
activities. You can have a fun
summer without spending a lot of
money.
Be creative: window-shop, visit
state parks to hike or picnic, hang
out at the pool, visit museums on
time period. We plan to do even
more in the future. The SBA has
already launched a series of initia
tives to do a better job of serving
diverse segments of the small
business community. As adminis
trator, I am particularly committed
to increasing access to capital and
credit for firms in those business
communities that have been
under-served by the private mar
ketplace. African American,
Hispanic American, Asian-Pacific
American, Native American,
women, veterans, rural and
exporters.
Technology
Small business must take advan
tage of technology to compete not
only with businesses in their
neighborhood or their state, but
across the country and around the
world. The SBA is playing an
important role in providing small
businesses with information on
accessing technology, and identi
fying market opportunities.
The SBA is using cutting-edge
technology to serve our cus
tomers. We are rolling out new
online services for small business
es. Our Online Women’s Business
Center (www.onlinewbe.org)
introduced by Vice President
Gore, is a free, interactive website
that provides business develop
ment strategies and information.
The site has already received sev
eral awards for excellence.
The SBA has also developed
other new online products: PRO-
Net, which links more than
171,000 small businesses with
federal contracting officers: and
ACE-Net, an businesses remain
competitive in an increasingly
global marketplace.
The SBA has also instituted a
VOTE YES . County Police July 21st Referendum |
WHY DO WE NEED A COUNTY POLICE FORCE?
To bring Law Enforcement spending under control.
1995 1996 1997 1998 Annualized Thru
4/30/98 Estimated
APPROVED SHERIFFS 8UDGET 53,451,184 $4,294,950 $5,763,541 $6,692,117
SHERIFFS EXPENDITURES S4,I2S,6I7 $4,711,629 $6,426,062 $7,338,352 *EST
POPULATION 62,334 69,181 75,74982,187 *EST
PERCENT POPULATION 1NCREA5E 9.4%11%9.5%8.5% *EST
PERCENT INCREASE IN EXPENDITURES 11.6%14,2% 36.4%14.2% *EST ?
AMOUNT SPENT PER PERSON S66.I9 $68.11 $84.83589.28 *EST '■
SHERIFF REQUESTED 8UDGET 53,894,839 $4,991,587 $6,731,931 $8,500,000
BUDGET REQUESTED PER PERSON $62.48 $72.15 $88.87 $103.42 *EST
*Spending is out of control for Law Enforcement i
Vote YES for a County Police Department, to bring spending under control.
* Estimation of 1998 sheriffs expenditures based on Ist 4 months expenditures as of 4/30/98, multiplied by 3 to annualize the figure.
Population figures estimated by growth patterns in 1995,1996 A 1997 averaged to a teal figure of 70% increase. Both estimates were
performed by the committee as a basis lor all other estimates. t MI
Paid for by Forty* Citizens for Ecnuonacal Law Enforcement. Bill H. Bansen Chdrman PO Box 16$. Cumm«o M . G« 30028
Source: Forsyth County Public Records. U.S Census Records (I
discount days, rent videos, go to
the dollar movie or cook dinner
with friends.
Do a reality check July 1. Mid
way through the summer, ask
yourself how you are doing on
your financial plan. Are you sav
ing enough? Do your expenses
add up to more than you original
ly thought? Based on your find
ings, you may need to adjust your
budget. Also, make sure that your
financial aid is set for next year
and start lining up your fall job
now.
By following these suggestions,
students should be able to return
to school in August with their
savings accounts bolstered with
money earned at their summer
jobs.
For help with budgeting or if
you are having financial difficul
ties, contact CCCS.
Consumer Credit Counseling
Service is a non-profit, communi
ty service organization that pro
vides free budget counseling,
regardless of income or amount of
debt owed, and debt repayment
plans for consumers who are
overextended.
Small Business “Vital Statistics”
• There are approximately 23 million small businesses in the U.S.?
• New business formation reached another record level in 1996?
• There were 842,357 new employer firms in 1996 the highest ever
and a 2.8 percent increase over the record of 819,477 new firms in
1995?
• Small business dominated industries produced an estimated 64
percent of the 2.5 million new jobs created during 1996? (U.S.
Department of Labor, U.S. Department of Commerce)
• Small firms hire a larger proportion of employees who are younger
workers, older workers, women or workers who prefer to work part
time?
• Small businesses provide 67 percent of workers with their first
jobs and initial on the job training in basic skills?
Small businesses...
• provide virtually all of the net new jobs added to the economy.
• represent 99.7 percent of all employers.
• employ 53 percent of the private work force.
• provide 47 percent of all sales in the country.
• provide 55 percent of innovations.
• account for 35 percent of federal contract dollars.
• account for 28 percent of jobs in high technology sectors.
• account for 51 percent of private sector output.
• represent 96 percent of all U.S. exporters.
Harvesters International Ministries
An International Charismatic Christian Missionary
Ministry Recently Relocated To Cumming, GA
Invite You To End - Time Meetings
Thursday, Friday & Saturday Nights
June 11,12, £l3 at 7:00 P.M.
838 Atlanta Highway * Cumming, GA
678-947-0997 or 678-947-0998
Ray & Dorothy Walls, Founders, Welcome You To Come
and Be In God’s Presence As We Praise And Worship God
And Hear His Word For This Hour
BUSINESS
■ a w #rfzzt till
$ z -z 'w ■
J~~* .. r - - --„vJ
, _ _ Photo/Tom Brooks
J and D Pizza
J and D Pizza, owned by Dave and Lisa McKemey, is now open for business in the Midway;
Shopping Center on Atlanta Highway. The restaurant will offer pizza, wings, breadsticks ana
cheesebread. “I’ve been in the pizza business for seven and a half years with Domino’s Pizza. I
sold it to open my own, making my own dough, using fresh beef, sausage and vegetables,” said-
Dave, shown above. “I love to work with the schools and churches on fundraisers." They are open,,
Monday through Saturday from 11 a.m. to 10 p.m. and Sunday from 5 p.m. to 10 p.m. Pizza can.,
be carried-out, delivered or eaten in the restaurant. For more information, call (770) 521-0018.
//(?«!
strategy to help small businesses
deal with the so-called “Year
2000” computer problem. Just
access the “Search for Y2K
Solutions Providers” site via
www.sba.go for a free check list
to determine if your small busi
ness has a Y2K problem and to
find who can help you fix it.
Globalization
Small companies represent 96
percent of all exporters and
account for more than 30 percent
of America’s exports. The SBA is
developing new tools especially
new export financing products and
services to help small businesses
export to other countries.
The SBA is actively working
with our lending partners to
expand our Export Working
Capital Program. We’re preparing
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Ladies & Gentlemen H&HH
You can win this $220.00 Commercial /
Grade Stainless Steel Food
or Meat Grinder, along with a catered
dinner for yourself and four other
pies. All absolutely FREE with no costß _ ’
or obligation. i
FOOD PROCESSOR
& VEGETABLE CUTTER | - ?
Prepares fruits, vegetables and other 1
foods that cook better, look more
appetizing, and taste delicious. Optional meat grinder prepares ground
meats and sausage simply.
This promotion limited to the first 50 coupons received. Simply fill in the
coupon below and mail to: TowneCraft, 2992 Windward Dr., Kennesaw,
GA 30152.
___________________________
NAME:
ADDRESS:
PHONE:
a new online risk management
support system to provide finan
cial institutions with export trade
finance information and to assist
small business in doing export
deals. We have 19 U.S. Expoft
Assistance Centers, which com
bine in single locations the trade
promotion and export finance
resources of the SBA, the U»S\
Department of Commerce and the
Export-Import Bank of the United
States. SBA is moving to develop
special binational government to
government relationships with
several countries whose markets
will provide opportunities for
American firms. These relation
ships are part of a strategy to pro
vide access for American small
businesses to the major emerging
economies around world.