May  2003      Vol. 12, No. 5  REAP HOME PAGE  A publication of the Center for Rural Affairs    
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REAP NOTES

REAP WBC Annual Follow-up Survey
It’s time again to measure REAP’s progress. The information gathered on our annual follow-up survey helps to satisfy reporting requirements of our funders. It is important to us that the businesses we work with are becoming successful or sustaining.

If you participated with REAP in any way — met with a REAP Business Specialist during the year, took any of our training courses, or attended an association or REAP regional meeting that provided some type of educational program — we would like you to return a survey.

Surveys were mailed with the printed May 2003 REAP Business Update. If you need another copy or more information, contact Peggy Mahaney at peggym@cfra.org .


Tax Rule Changes for Small Business Shared
Nebraska Sales and Use Tax Regulations were discussed at two seminars held recently in Gage County. Dale Carter of the Nebraska Department of Revenue was guest presenter at sessions in Beatrice and Blue Springs. The meetings were hosted by REAP’s Big Blue Small Business Association in Beatrice and Southern Gage Small Business Network in the Wymore/Blue Springs community.

Carter provided information about services that became taxable October 1, 2002. Many expect more changes to come as a result of this year’s Nebraska legislative action. His department schedules regular seminars across Nebraska and is glad to present programs with organizations such as REAP.

The use tax is often where business reporting errors are found during audits. Typically, use tax is due when purchases are made from an out-of-state vendor. Use tax is due only when Nebraska sales tax has not been paid on an item purchased for use in this state. More information about sales and use taxes may be obtained by calling the Nebraska Department of Revenue at 1.800.742.7474.


GROW Nebraska Market 2003
The GROW Nebraska Market was held March 28-30 at the Lancaster Events Center in Lincoln. The weekend event kicked off with a great turnout for “GROWing Your Business” training with Greg Hatten, former vice president of sales at Hallmark Cards. Forty-six business owners attended.

Over half the vendors attending the market were first-time wholesale exhibitors, with an average of four new accounts and over $600 average gross sales. In all, 57 exhibitors filled their tables with displays of various products. Pictures of the sixth annual market are posted on www.growneb.com.


Entrepreneur Workshop Held in Neligh
Over 40 businesses participated in a two-day event in Neligh on April 4 and 5. On Friday morning speakers visited with each participant to see product booths and give personal comments and/or advice. On Saturday, the American Legion Hall was open to the public for participants to sell their products. Dewey Teel, Extension Educator for the University of Nebraska stated, “It was a huge success for participants on both days. They learned a lot on Friday and had a great turnout for the public show.”

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