Newspapers / The Brunswick Beacon (Shallotte, … / May 5, 1994, edition 1 / Page 31
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?CC moio ?Y AMHi MAJBf WJ FRED WALKER (left), Small Business Person of the Year and Community Service winner, is congrat ulated by speaker James E. Maxwell as Mike Royal, BCC Small Business Center director, looks on. Other awards presented during the annual dinner Monday were for customer satisfaction, appearance and family-owned business. Fred Walker Named Small Business Person Of Year A Southport business owner and Svc BniuSmck County srr.il! bus: nesses received awards Monday at the eighth annual Brunswick County Small Business Awards Dinner. The recognition event was held in Brunswick Community College Siudeni Center, co-sponsored by Brunswick Community College Small Business Center, the South Brunswick Islands Chamber of Commerce, the North Brunswick Chamber of Commerce and the Southport -Oak Island Chamber of Commerce. The Small Business Award_ winners were selected by ScUKt (service cap of Retired Executives) of Wilmington. Fred Walker of McDonald's Restaurant of Southport and Fred Walker Enterprises Inc. was selected as the 1994 Small Business Person. His nominators wrote that through "f?-? ?-? M! _? k*_rv ?j?r? riicuua iHaguta at itiuanuiu where a percentage of sales are con tributed to a specified Parent Teacher Association, over Si 500 was donated to the Southport Elem entary School where ss scsde&uc incentive program was initiate. WU ker also contributed personal assis tance and time to starting that pro gram at Southport Elementary School, commented Southport Ele mentary PTA President Beth Osiek. In addition to Osiek, Wklker re ceived nominations from several school principals and other commu nity members. He has also provided fundraisers to support the Junior ROTC program arid Band programs at South Brunswick High School and academic incentives there. Academic incentives programs at boua South Brasswkk Middle School and South Brunswick High School were also supported by Walker and his business. Walker purchased McDonald's in Southport in Decemberl966, then added McDonald's in Shallotte in 1988. In 1989, he added a third store in Whiteville. Recently, he sola his Shallotte restaurant to concentrate on the other two stores. Two years ago. Walker began pro viding incentives and fundraising {of During nast year, more than $5,000 was raised' for Brunswick County EJe mcntary Schools. Incentives includ ed honor ro'ls ssd "Rrsding Bey ond" T-shirts, certificates for free cheeseburgers, PTA parents rewards, Reading is Fun book marks. Aca demic Express Cards and school im provement awards. He has remarket] ihai "a good business pub. back into its commu nity, so both can be successful." McDonald's also won the Commu nity Service small business award. Martin's Auto Rebuilders, Long Beach, won the customer satisfac tion category in the 1993 Small Business Awards. Marvin C. Maitin and his wife Julie opera!? the auto body repair business with nine em ployees. Coleman Supply Co. of South port received the Family Owned Busi ness Award. The wholesale plum bing business, based in Long Beach, is uwdcu by ihrcc brothers William (Billy) B. Coleman, Charles M. C Jr ?nH Rjjto M. CnlHntn William Coleman has operated the enterprise in Brunswick County siiicc i978. Winner of the Appearance catego ry was Peacock- Niewnam Funeral Home, Southport. Improvements in the physical facility of the business during the past year include addi tional paved parking areas, a 180 aot extension of the front porch, a remembrance garden, new sod yards, new fencing ana a nag pole. Employee Relations category winner was GAL Cabinets, ShalloUt Donald and Wanda Gore employ 12 and produce two or three sets of custom-nude cabinets each week. Businesses listed as 1994 Small Busiacss Awsrds Finalists iaduded Atlantic Auto A Marine Supply, South port; Dazzlcrs Boutique Hair and Nail Salon, Leland; Driftwood Shell Shop, South port; Margaret Rudd A Associates, Inc. Realtors, Southport and Yaupon Beach; and National Bishop Realty, Long r? i ocaui. Business owners who were final ists in the Small Business rersoa of the Year competition were Wanda Gore, G A L Cabinets of Shalkxte; Marvin C Martin, Martin's Auto RcbUiiArS of SwiiihpOn; miigiici Rudd, Margaret Rudd A Associates, inc. Realtors of soutnport and Yaupon Beach; Dorcas "Dot" Schmidt, Driftwood She!! Qtr. of Southport; Randolph H. Stewart, Stewart Enterprises of Southport: and Susan T. Warren, Books *n Stuff of Long Beach. The Jazz Ensemble of West Brunswick High School, directed by Craig Moms, provided entertain ment during the social hour. "Dixie Reunion," a ladies' barbershop quar tet with members Joyce Carmichael, Belinda Fonnyduval, Pat Hammond, and Tina Redman, entertainment during the dinner program. rta 3^ High credit card debts? Large hospital bills? Bankruptcy may help. Contact WILLIAM D. EZZELL Attorney (910)457-9586 or (910)253-5600 \m ?ii? Great Rates Are AsEasyAsUCB. 24 to 35 nrwinrh CD Annual F^rcentage Yidd(APY) The minimum balance to obtain this APY is $1,000. Vim Hit It k h I .n\" I ( 15. For additional rates and terms or for more information, please visit any UCB office or cati 754-4301. Text telephone number for the hearing impaired , 1900-876-6545. UNITED CAROLINA BANK Tht? AFV a aroaraK m d M?y J, 1 W4 Not avabbir iur biokcicd drpoots A pcnky may be aynwil U? c*it> withdrawal MONEY MANAGEMENT Smart Ways to Borrow Money Carrying high credit card charges from month to month is one of the most expensive ways to borrow money. The N.C Association of Certified Public Accountants says there are smarter ways to borrow money that will keep interest costs to a minimum and allow you to pay off your debts faster. The options available vary depending on how you plan to use the funds, how much you plan to borrow, and for how long. Home-Equhy Loans If you ve been haphazardly rack ing up credit card charges, you can consolidate your debt by taking out a home-equity loan. You can usually borrow up to 80 percent of your home's value, minus the balance on your mortgage. With interest rates on mortgage loans averaging about half that of credit card rates, a home equity loan may save you liiou-vinus of dollars. In addition, if you itemize on your tax rrtum. ymi may ?l?ui he able to deduct the interest on up to $100,000 of home-equity indebted ness, Check with your tax adviser to determine if you'll qualify for the deduction. Finally, keep in mind that when you borrow agsinr.: your home, you are essentially putting your home on the line. If you can't pay off your home-equity debt, you risk losing your home. Credit unions Credit unions provide a number of consumer credit services, includ ing home-equity, automobile and personal loan. Their loan services are restricted to credit union mem bers who borrow money from a pool of funds, comprised, in psrt, of mon ey deposited by all of the credit union's members, if you're 2 credit union member and need a loan, you will most likely obtain a more fa vorable rate by taking the loan from your credit union than by burrowing from a local bank. 401(k) Plans If you participate in a qualified re tir-Ttent plan, such as a 401(k) plan, yrMI ran hnmw yOUT invest ment Generally loans must he re paid within five years and there are limits on how much you can borrow. The benefits: The interest rate is usually one pcrcenuge point above prime ? which is lower than the in terest rate on most other forms of credit ? and your interest payments go into your own account. Insurance Policies Certain types of insurance poli cies can be used as security to bor row from insurance companies. For example, if you own a whole life policy, you can borrow against the cash-value of the policy. The interest rate will generally be lower than that charged by lending institutions. In fact, the interest rate on loans of old er policies can be as low as S per cent. What's more, you do not need to repay the loan. However, in most instances, it will be beneficial to do so. That's because the amount bor rowed is deducted from the death benefit. Also, until the loan is re paid, your death benefit grows more slowly. Government Loons Federal and state governments can be a source of low-interest loans for special purposes, Mich as financ ing a student's higher education costs or the start-up of a small busi ness. The interest rates on govern ment loans are usually lower than current market rates. For more infor mation about student loans, call the Federal SliMjmt Fin!!*ci*l Aid Information Center at 800-433 3243. To find out about small busi ness loan programs, call the Small Business Administration at 800 UASK-SBA. Keep Debt in Check Remember, it's wise to borrow money only for necessities. CPAs say that if you must allocate more than 20 percent of your income to pay off current loans, it's time to stop borrowing and change your spending habits. Money Management is a weekly column on personal finance pre pared and distributed by the N.C. Association of Certified Public Ac countants. ^&kank you for your vote an$ support touring the <3$4>(iy 3 (^Primary. Leslie jollier f| William Temple Allen, CPA, P.A. inCGi i id Tax PrepQfunOn/ Representation (fedora! and a!! stats returns) Accounting and Bookkeeping Sen/ices Computerized Payroll Tax and Estate Planning Former iRS Assistant Director Technical Division. Washington. D.C. 25 Years Tax experience Ragpafch Row, Caiabasrt 579-3328 F Grand opening w ^ CELEBRATION We're moving to our new showroom! Come see our new fully stocked showroom store on Business Hwy. 1 7 N> (iomw Swri Building) ShaliCttS Next door tc Snaiiorte j-teanr. i-ooos near wai-Man Ribbon Cutting 10am Saturday, May 7 Love 103.7 Live Remote Special Savings 10-5 Saturday ? 1 Month Free Access* ? Special Savings for ALL Area Cellular Phone Customers Bag Phones SOQOO* Wth Ne.\ Act i v vi 1 1 0 f i I'' T 'VC For Mi (hot' s 0?H ^ moving aiong wiw technology... Jim Coffey has moved toA-1 _ ctai invitations to aK his friends fconw ttocti jooas roco ana axienos spe customers to try A- 1 CeHular today) A-1 CELLULAR The best call you ever made! 754-C-A-L-L
The Brunswick Beacon (Shallotte, N.C.)
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May 5, 1994, edition 1
31
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