Business Today :: Business Intelligence: Serving business owners in Cabarrus, Lake Norman, University City
Business Intelligence: Serving the Golden Crescent, including Lake Norman, Cabarrus and University City  
Bits & Briefs

Green Drinks Thursday

Feb. 22 Green Drinks Lake Norman meets 5:30-7:30 pm Feb. 23 at Campania Café in South Main Square in Davidson. Topic: The Sustainability Scholars Program at Davidson College. Info: Kathleen Rose 704-896-0094


Toastmasters workshops

Feb. 22 The Davidson Toastmasters is presenting a four session workshop April 4, 11, 18, 25. Info: Tim White 704-947-6932, or tim.white614@gmail.com


Cornerstone merges

Feb. 22 Cornelius-based Cornerstone Financial Partners has merged with Martha Wright’s LPL Financial firm in Greenville, SC.


Dove House auction items

Feb. 22 The Dove House Children’s Advocacy Center's fundraiser April 28 at the Charles Mack Citizen Center needs new auction items, services and gift certificates for “An Evening for Dove House”. Info: Ken Wooten 704-883-9814 or ken@dovehouse.us


Uwharrie posts higher net

Feb. 16 Uwharrie Capital Corp, parent company for Bank of Stanly, Anson Bank and Trust and Cabarrus Bank and Trust, reported net income for the year ended Dec. 31, 2011 of $900,000, an increase of $187,000 compared to the prior year. Net income available to common shareholders was $255,000 or 3 cents per common share this year compared to $68,000 or 1 cent per common share for 2010. Net income available to common shareholders reflects the payment of dividends on preferred stock issued by the Company. At Dec. 31, 2011 the company had total assets of $527 million.


RCCC hosting skills contest

Feb. 9 Rowan-Cabarrus Community College is hosting the SkillsUSA Regional Competition to encourage students, teachers and industry to work together to build a skilled workforce. SkillsUSA is an applied method of instruction for preparing America’s high performance workers in public career and technical programs.

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Small Business Toolbox

February 2011

Savvy Business Owner

DeMAO

Sherre teaches us the most effective business owners know how to get things done beyond the confines of their minds and their capabilities. As a result, they make more effective decisions and take more effective action when choices need to be made. Make 2012 the year you become a manager of your destiny.

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February 2011

Seller's Market

KANE
Cheryl Kane teches us that time allocation, prioritizing how time is used, and controlling access to your time for specific efforts are all necessary to efficiently and effectively use your most rare and valuable asset: time.
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Charitable giving, economic development, Red Line Q&A

By Dave Yochum

New statistics from the N.C. Secretary of State indicate North Carolinians gave less to charity in 2011 than 2010. However, the same report also indicates people supported the non-profits that got better returns.
The Charitable Solicitation Licensing Division Annual Report says that charities licensed by the state collected $26.7 million from North Carolinians during the 12-month period.

The 2010-2011 report shows that of the money collected, $13.2 million went directly to the charities for which the fund-raising campaigns were being conducted. That’s a 49.46 percent return to the charities for each dollar donated.

“It’s unfortunate there are fundraising organizations out there that keep an unfair amount of your donations. At a time when those in need are suffering, I encourage all to give directly to your favorite, well-run, non-profit and closely exam how efficient their fundraising organization is managed. Well-run organizations are quick to provide their overhead/fee info,” said Denis Bilodeau, president of Aquesta Insurance Services.

Bilodeau served on United Way’s Community Investment Committee for three years, chairing it during the last year. In addition to United Way, he also chairs fundraising efforts for Big Day at the Lake, which supports Big Brothers Big Sisters of Greater Charlotte.

Detailed information on charities in North Carolina are available online at http://www.sosnc.com. Click on “charitable solicitations.”

Economic Development

Job creation was up in Cabarrus County during 2011. New employers and expansions include Connextions, with a 400 job expansion;PreGel, 45 additional jobs; Celgard, 250 jobs; and SP Richards’ new distribution facility, 66 new jobs.

The investment from these companies is on the order of $100 million, according to John Cox, CEO of Cabarrus Economic Development.

He outlined the potential annual economic impact that 300 new jobs brings:

• 426 new residents

• Income: $16,597,812 ($39,000)

• 171 new homes

• $27,634,797 new home sales based on average sales price of $161,607

• $174,099 new housing taxes

• Groceries: $931,626

• Apparel: $66,945

• Health & Beauty: $69,533

• Furniture: $17,707

• State/local taxes $1,560,438

Small Art Revolution?

“As more and more communities join in the Small-Mart Revolution, trade will of course continue, but it will be in goods and services less vital to day-to-day survival. If we’re trading primarily art, music and wine instead of oil, wheat and water, our local economies will be healthier through self-reliance in the basics, less vulnerable to unpredictable global calamities, and we will all be less inclined to go to war over real or perceived needs.”

— From “The Small Mart Revolution,” by Michael H. Shuman. Shuman has been hired by the Cabarrus County Board of Commissioners to help guide their efforts in rebuilding the local economy.

Newsmakers Jan. 12

Cornelius Mayor Jeff Tarte and commercial real estate broker Tom McMahon will be fielding questions at our Jan. 12 Newsmakers Breakfast at The Peninsula Yacht Club.

The breakfast discussions offer a chance to quiz business and political leaders on the issues of the day. The topic Jan. 12 is the proposed Red Line rail from Charlotte to Mooresville. This is a no-holds barred Q&A — not a presentation. Call 704-895-1335 to reserve a spot with a credit card. $10 includes a full breakfast.

Hot Properties

February 2012

Hot Properties

Cornelius: This 4,119 square foot lakefront house has sold for $834,000

In Cornelius

A house at 19710 Shearwater Point Drive has sold for $834,000 after being listed at $899,500. The 4,119 square foot lakefront house, which has a tax value of $842,300, was built in 1989 but fully updated.
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Entrepreneurs

Dogged pursuit of people

side of business pays

off in acquisitions

Judy and Tony DaDante

A resort-style spa in Mooresville, near Exit 33 on I-77, gives new meaning to the phrase creature comforts. Inspired by the “look and feel of a spa in Tuscany,” Pampered Pets Inn is a full-service pet boarding and day care facility. It’s just been acquired by Judy and Tony DaDante.

 

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Opinion

Editor's Notebook

Public relations nightmares can happen overnight

A lot has happened in the media lately that makes me shudder. Some of it has to do with the art of media relations, some has to do with media not doing our jobs.

• N.C. Rep. Thom Tillis put out a press release Jan. 28 saying, “I have concluded that most (but not all) of the mainstream media will not report on a balanced basis. … Therefore, effective today, I have resigned myself to embracing this reality and making the best of it.”

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On the Record (register to access)

Homes sales: Feb. 2012

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Foreclosures: Feb. 2012

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New corporations: Feb. 2012

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