Structuring debt and equity
JUNEAU - Investors and entrepreneurs are invited to a half-day overview, "Smart Money: Financing Your Business with Debt and Equity," offered Friday by Alaska InvestNet.
Presenters are Ron Kyle, vice president and Juneau branch manager at NBA/Wells Fargo; and Deborah Marshall, director of Alaska InvestNet, who has served since 1991 on the board of Alaska Pacific Bank.
Subjects covered include choosing performance-based financing, maximizing cash flow and structuring debt/equity to provide for sustainable growth.
The seminar will be held from 8:30 a.m. to noon in the Cedar Room of the Goldbelt Hotel. Cost is $50 per registrant, $35 for InvestNet members, or $10 for students. Call 586-1929 to register, or register at the door.
A nonprofit corporation, Alaska InvestNet is dedicated to building the economic infrastructure of Alaska by educating and linking entrepreneurs and investors.
Seminars for entrepreneurs
JUNEAU - Two upcoming programs at the Juneau Small Business Development Center will assist small business owners and those planning to found a business.
"Writing a Business Plan: Your Blueprint for Success" will guide participants through the process of writing a formal business plan for a loan proposal, planning a start-up or strategizing for an established business. This seminar will be presented from 6 to 9 p.m. Wednesday, Jan. 23, in the conference room on the third floor of the Juneau Empire building.
A companion class, "Develop Financial Projections for Your Business," follows Jan. 24. It is a hands-on computer lab workshop. Participants should bring projected sales and expenses. They will leave class with draft balance sheets, income statements and cash flow statements. Each participant will work an Excel spreadsheet after receiving instruction on the use of financial templates. The workshop will be held at the Vocational Training and Resource Center, 3239 Hospital Drive.
Both workshops will be presented by Jackie Stewart, director of the Juneau Small Business Development Center. The cost for each is $25. Preregister by calling 463-3789, as space is limited.
Live-above-work condos built
JUNEAU - Proprietors who want to walk downstairs to work are in luck. Aniakchak Inc., a Juneau company, has completed an 8,000-square-foot, four-unit industrial condominium at 1810 Anka Street in Lemon Creek.
Two of the units have been rented, one by a cleaning and cabinet-making enterprise and the other by a gunsmith and gun store. The units have 1,000 square feet on each level, with the shop/workshop space on the bottom under a 16-foot ceiling, and a living area on top. A road, street lights, sewer, water and storm drainage systems have been installed.
For details, call Jan Van Dort at 789-3441.
Air carriers plan trade show
JUNEAU - The Alaska Air Carriers Association has scheduled its 36th annual conference and trade show for commercial aviators. The event will be held at the Hotel Captain Cook in Anchorage, Feb. 27-March 2, with Serving Up Safety as its theme. The event is cosponsored by the Federal Aviation Administration Alaska Region, the National Transportation Safety Board and the National Institute for Occupational Safety and Health.
Highlights include a presentation by the Alliance for Safety, plus aviation breakout sessions on subjects such as human factors/training, purchasing decisions, commitment to safety, employee practice liability and legislative issues. The annual AACA membership meeting and elections will be held, and over 35 booths will represent airframe manufacturers, suppliers, financing and insurance representatives.
Information about the conference and trade show is available by calling coordinators Jill Warburton and K.C. Wilson at (907) 277-0071.
Bank donates to two colleges
JUNEAU - First National Bank donated $32,000 to the University of Alaska Southeast and $35,000 to Sheldon Jackson College in Sitka as part of its October donations totaling $78,000.
The UAS donation, the second installment of a three-year grant, will be used to fund the College Bound Student Leadership Institute. The program allows high school students to experience college life and develop leadership skills.