Newspaper Page Text
Business & Industry
Forsyth County News Thursday, January 22,2004
Business notes
The University of Georgia
... Small Business Development
Center, 604 Washington St. NW,
Building B. Suite 2, in Gainesville,
will offer the following classes:
• Financing The Venture will
be offered Thursday, Jan. 29, from 1-
3 p.m. Find out what bankers are
looking for when you come in for a
business loan. This seminar provides
information on determining financial
needs, constructing financial state
ments, identifying sources of capital
and understanding the loan applica
tion and evaluation process.
• How to Write a Business Plan
will be offered Thursday, Jan. 22,
from 6-8 p.m. Why do you need a
good business plan? They are not just
for getting a loan. A business plan is
a management tool to keep you on
track for success. This seminar pres
ents a strategy for constructing and
writing a winning business plan.
Participants will review the compo
nents of a business plan including
tactics for organizing and presenting
the narrative portion of the plan. The
process of preparing financial data
will be discussed, as well as what
supplemental data to include.
Common mistakes and errors will be
reviewed.
• 25 Ways to Save Your Business
will be offered Wednesday, Jan.
21. from 8:30-10:30 a.m. Why does
a business succeed or fail? This sem
inar will teach you about common
errors to avoid when operating a
business. This is your chance to learn
from everyone else's mistakes.
The cost for each seminar is S4O,
save $5 by preregistering.
To register, call Betty Williams at
the Gainesville SBDC office at (770)
531-5681.
Edward Jones opens additional
office in Cumming
... The financial services firm
Edward Jones has opened its third
office in Cumming. Laurence
Rothstein has been hired as the
investment representative for the new
office.
"We opened our first Edward
Jones office here in 1990. and every
year more and more people have
come to rely on Edward Jones for
their investment needs," said John
Bachmann, the firm's managing part
ner. "By opening an additional office,
Laurence can continue our tradition
of unparalleled personal service to
the people of this community."
A resident of Cumming,
Rothstein said he is excited about
establishing his business here as
well. "The other Edward Jones
Investment representatives have set
an outstanding example for me to
follow," Rothstein said. "Their dedi
cation to the people who trust
Edward Jones has been instrumental
in the growth of our firm, and I look
forward to carrying on that tradi
tion."
Edward Jones, the only major
financial services firm advising indi
vidual investors exclusively, traces its
roots to 1871 and currently serves
more than 6 million clients, the firm
offers its clients a variety of invest
ments, including certificates of
deposit, taxable and non-taxable
bonds, stocks and mutual funds.
The largest firm in the nation in
terms of branch offices. Edward
Jones currently has more than 9,000
offices in the U.S. and. through its
affiliates, in Canada and the United
Kingdom. Plans call for expansion to
10,000 offices in 2004.
Raymond James Financial
Services Inc.
... a leading nationwide financial
services firm, announces the opening
of a new office at 314-A Tribble Gap
Rd. and the appointment of R. David
Camp as branch manager.
Camp and his staff offer a com
prehensive range of financial and
investment services including finan
cial planning and asset management,
mutual funds, insured CDs, stocks,
bonds and more.
Richard Averitt, Chairman and
CEO of Raymond James Financial
Services, said "We are very excited
about opening this new office headed
by Dave Camp to serve the
Cumming area. Dave brings out
standing experience and an estab
lished track record for working with
individual investors and small busi
nesses."
One of Camp's specialty areas is
retirement planning. "Many people
See NOTES, Page 2B
Likes Forsyth
Photo/Audra Perry
A new Zaxby’s restaurant nears completion on Keith Bridge Road
in north Forsyth.
Restaurant’s developers opening
second location, planning third
By Nicole Green
Staff Writer
Carl Williams and Neal Bridges
think there is not enough chicken in
Forsyth County.
On Feb. 2, these business part
ners plan to open a second Zaxby’s
restaurant in Forsyth just off Ga.
400's exit 17 on Keith Bridge Road.
Williams also said they plan to
open a Zaxby’s in the next year and
a half near downtown Cumming.
Headquartered in Athens, Ga.,
Zaxby’s is known for its Buffalo
wings, hand breaded chicken fin
gers and tangy dipping sauce. The
new 3,500-square-foot restaurant,
which is not quite fast food and not
quite sit-down, will seat 90 people
and has a drive-through window.
The first Zaxby’s in Forsyth
opened in April 2000 at 6020
Bethelview Road in the south end
of the county.
Williams and Bridges also own a
Zaxby’s in Gwinnett County at
3545 Lawrence-ville/Suwanee Rd.
in Suwanee.
Williams is a Gwinnett County
SFHS students
designing ads for
Laurel Springs
From staff reports
Marketing students of South
Forsyth High School are in the midst
of designing advertisements to pro
mote special events at the Laurel
Springs Golf Club in Suwanee.
Students design the advertisements
and present their ideas in a formal
presentation to Terry Hall, director of
Laurel Springs, and his associates.
Hall critiques the advertisements and
presentations and then chooses the
winning ad which he will take to the
printers for use by the Golf Club.
The students began working on
their first project in October. The
winning advertisement chosen by
Laurel Springs for this event was cre
ated by April Teseniar and Jay
Meyers. The second advertising proj
ect was proposed in December. The
winning team members were Ryan
See STUDENTS, Page 2B
resident and a retired sales manager
for IBM in Atlanta. His partner.
Bridges, lives in Forsyth County.
He is a University of Georgia grad
uate and has spent his entire work
ing life in the food service industry.
The new Keith Bridge Road
Zaxby’s joins a site of recent retail
growth at the intersection of Keith
Bridge Road and Ga. 400. Kroger
moved into the area in the past year,
bringing with it fast-food restau
rants, gas stations and a pharmacy.
A shopping center anchored by
Publix supermarket, under con
struction at the nearby intersection
of Hwy. 306 and Hwy. 369. promis
es to lead to additional expansion in
north Forsyth County.
“We think the next busy inter
section in Cumming will be exit
17,” Williams said. “Things are
continuing to go northbound.”
The location is a straight shot to
Gainesville, four miles from down
town Cumming, eight miles from
Dawsonville and a mile from North
See ZAXBY’S, Page 2B
r~ —
Up
■■■ m W
- B B |
B
From left, South Forsyth High School marketing students Dan McKay, Jordan Brown and Casey
Knapp present their team’s ad to Laurel Springs director Terry Hall.
Hospital could get
final OK this week
for Johns Creek
Two had opposed s9l million facility
By Kim Ash
Staff Writer
Plans for a new hospital in the
Johns Creek area could receive final
approval as soon as this week after
an action last week by the Georgia
Supreme Court sided with the hospi
tal's developers.
If plans are approved, construc
tion on the s9l million Emory Johns
Creek Hospital is expected to begin
this summer and be completed in the
summer of 2005, according to Rick
O'Brien, president of Technology
Park Inc., a prominent Johns Creek
developer.
The new 110-bed hospital will sit
on McGinnis Ferry Road in Fulton
County on the opposite side of the
Forsyth County line.
The hospital will be accessible to
Forsyth County residents, according
to O'Brien.
"I think [the hospital] will be
great for the southern portion of
Forsyth," O'Brien said.
EJC, which is being constructed
to replace Atlanta's Emory
Dunwoody Medical Center and West
Paces Medical Center, ran into some
controversy when it received its ini
tial Certificate of Need (CON) from
the state two years ago, according to
Pace of area’s economic
growth ‘favorable’: Fed
By Steven H. Pollak
Staff Writer
A recent report issued by the
Federal Reserve Bank of Atlanta sug
gested that the pace of economic
growth remained “favorable” in this
region during the last two months of
the 2003.
The data contained in the report is
part of the economic information
prepared by each of the 12 Federal
Reserve Banks for use by the U.S.
government’s Federal Open Market
Committee in its discussions of
national monetary policy next week,
according to the report.
The Atlanta Federal Reserve
Bank compiles information from “a
variety of statistical data and confi
dential interviews with representa
tives of industries” located in the six
state region.
Those states include Alabama,
Florida, Georgia, Louisiana,
Mississippi and Tennessee.
Holiday sales at retailers through
out the region met or exceeded year
ago levels, the report states.
Several retailers said high-end
merchandise did well over the holi
day season with electronics and
home-related products weighing in
with particularly strong sales.
Vehicle sales figures were
"mixed," according to the report,
Linda Kirkman, vice president of
marketing for EHCA, LLC.
Both Gwinnett Health Systems
Inc. and St. Joseph's Hospital
opposed the new hospital, arguing
the facility would sit only 5 miles
from Gwinnett Medical Center and
not meet the requirements for a CON
which includes serving the same
patient base as a hospital which had
closed in the same area.
After the hospital's CON was
almost fully approved by the Georgia
Department of Community Health,
the Gwinnett and Fulton superior
courts reversed the awarding of the
CON.
Later, approval of the plans for
the hospital were reinstated by the
Georgia Court of Appeals in August
2003, according to Kirkman.
The two hospitals then took their
opposition to the Supreme Court,
which decided Jan. 13 not to hear the
case.
Now the opposing hospitals have
just 10 working days from Jan. 13,
which would be today, to contest the
court's decision. If they do not, the
CON will become final and plans for
EJC will be given the green light.
"Wf are delighted with the
See HOSPITAL, Page 2B
66
...previously delayed
capital spending plans
have been revived,
especially IT equipment
and infrastructure.
- Fed report
99
although foreign model finished the
year with strong numbers. Most
vehicle sellers told the bank that "the
reduction in the level of incentives
had not significantly reduced sales or
floor traffic at dealerships."
Real estate continued to be strong
through the end of the year. The mar
ket for single-family homes stood out
in particular with both construction
and sales moving at a "steady pace."
On the commercial side, results
were mixed. Construction of new
commercial space remained "gener
ally weak" in November and
December while leasing activity
picked up.
Manufacturing and transportation
industry representatives noted con
tinuing signs of a recovery while
industrial energy sales had stabilized
See FED, Page 2B
Photo/submitted