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Newspaper
Sun Journal
Location
New Bern, North Carolina, United States of America
Date
Jul 03, 1994
Page
19
Briefs note free informational meetings on starting or expanding a business offered by the East Carolina Microenterprise Fund. Meetings are held on the first and third Tuesdays for entrepreneurs in Carteret Craven counties and the Swansboro area. For details and next meeting time call 504-2424.
SCORE advises weighing big ticket purchases against your business health. Leasing may lower payments but can exceed the original price and for tax purposes you lose depreciation. Lease back options exist, with banks often offering favorable terms. SCORE counselors can assist with lease negotiations and selecting suitable items.
A biweekly SCORE column answers questions from small business owners in the Down East chapter based at the Neuse River Council of Governments on Middle Street. It provides guidance, tips, and practical steps for local enterprises and managers in New Bern and surrounding areas.
The deadline for business news is 5 p.m. Wednesday and briefs run in the Sunday edition. Submissions must be 200 words or less and typed with complete names times dates places and your business name. Include a contact person and telephone number. incomplete items will not be published.
The FDIC paid 152 million for Southeast Bank takeover claims filed by the bankruptcy trustee. The fund had forecast a 350 million loss but now projects a 28 million surplus after the payment. Trustee William Brandt filed a suit, accusing First Union Corp. of manipulating regulators to trigger the seizure.
Reynolds announces expansion of its sports marketing division to handle outside clients and public relations. The effort, begun in 1971 with the Winston brand sponsoring NASCAR, encompasses NHRA racing, short track events, PGA golf, and senior circuits.
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