Business Briefs

Posted: Thursday, August 17, 2000

Chamber meeting canceled

The North Peninsula Chamber of Commerce will not hold its weekly luncheon today. For more information, call 283-4202.

Two seminars planned

The Kenai Peninsula Small Business Development Center will sponsor two seminars. The first, entitled "Starting a Small Business," will be held 1 p.m. Aug. 24 at the Economic Development District building in Kenai at Mile 14.5 on the Kenai Spur Highway. The seminar is for anyone exploring the possibilities of owning and operating a business. The key elements of starting a business will be covered, such as choosing a form of business, necessary business insurance, the importance of record keeping, marketing and finance options.

The second seminar, entitled "Organizing Your Way to Tax Success," will be held Sept. 5 at 6 p.m. at the Seward Chamber of Commerce. The guest speaker will be Margo Collens. The seminar will outline the steps needed to organizing invoices, cash receipt, sales tax, checking accounts and credit cards. To register for either of the seminars, call the EDD/SBDC office at 283-3335.

Online training helps start businesses

Beginning Aug. 21, Alaska entrepreneurs can receive on-line training in microbusiness development through WOMEN$fund.

Since 1996, WOMEN$fund, a program of the YWCA of Anchorage, has provided hands-on training to more 600 women and men starting and operating microbusinesses in Anchorage. Its most popular program is Starting With Success, which provides comprehensive, relevant, hands-on training and support to entrepreneurs exploring new business ideas or markets.

Now, WOMEN$fund can deliver the class online in five modules: Entrepreneurship and Introduction to Technology, Marketing Your Idea, Establishing the Company, Financial Issues of Small Business and Writing a Business Plan. Participants will receive support from staff and each other as they write business plans.

The 16-week Starting With Success Online program enables participants with computers, Internet access and Microsoft Word and Excel software to prepare to start and operate successful microbusinesses. Call 274-1535 to register. The $295 class fee and $16 for a book are payable at the time of registration. For more information, call Kathy at 274-1524.

GCI reports second quarter financial results

GCI recently announced its second quarter 2000 results with revenues growing to $71.4 million, an increase of 11.2 percent over 1999, excluding the $19.5 million sale of fiber capacity, occurring in the second quarter of 1999. Earnings before interest, taxes, depreciation and amortization (EBITDA) increased to $16.1 million as compared with $8.3 million in the prior year, an increase of 94 percent, excluding EBITDA from the sale of fiber capacity reported in the second quarter a year ago.

The company's revenue continued to grow across all products lines for the year. The greatest growth was attributed to long distance services that were up $4.1 million or 9.3 percent over the second quarter of 1999, excluding the sale of fiber capacity that was reported in the long distance segment in the second quarter of 1999. Cable television revenues for the quarter rose to $16.7 million, an increase of 12.1 percent over the prior year. Local service revenues grew to $4.8 million, an increase of 26.3 percent over the prior year. Internet revenues for the quarter totaled $2 million, an increase of 25 percent over the prior year.

New vice president announced by Phillips

Phillips Alaska President Kevin Meyers recently announced the appointment of a new Alaska North Slope gas commercialization vice president and completed his executive team announcement.

Joseph Marushack was named vice president, ANS Gas Commercialization for Phillips Alaska. Marushack is presently the business services manager at Phillips' Sweeny Refinery in Texas. He brings a strong background in business and operations to the efforts to commercialize ANS.

Meyers also named John Whitehead as vice president, Phillips Alaska Human Resources. Whitehead previously served as senior vice president of operation in Jakarta, Indonesia, with Arco International.

Alaska's operations include Polar Tanker Inc. John R. Hennon will assume the position of president, Polar Tankers Inc., in Long Beach, Calif. Hennon previously served as president of Phillips Puerto Rico Core Inc., a petrochemical manufacturing facility in Guayama, Puerto Rico.

The new Phillips Alaska organization employs about 900 employees. In addition, the new Phillips Alaska operations also will include 350 maritime employees from Polar Tankers.

No-cost land-use permit offered

As part of an ongoing land management program designed to facilitate the use and enjoyment of their privately owned lands, Natives of Kodiak Inc. and Ouzinkie Native Corporation have a land-use permit policy in place for the Afognak Island lands. This land-use policy was created to provide NOK and ONC shareholders the opportunity of priority use of their lands while still allowing controlled recreational activity and access by members of the general public.

An annual land-use permit is required to be held by anyone using NOK's or ONC's private Afognak Island lands for hunting, fishing, recreational or other purposes. Permit fees vary depending on the type of permit. However, new this year, for family recreational activities such as hiking, picnicking and berry picking, is a no-cost permit for family recreational, non-commercial use.

Potential users of ONC or NOK lands are encouraged to send their completed land use permit applications as early as possible to ensure timely permit issuance. For permits and additional information, call (907) 562-3353.

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