Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 7, 1997, Winnipeg, Manitoba Winnipeg free press july b4 Steve email business Mutt Stet moff Lff Blu Chip income unit business Calendar wednesday housing thursday economic May Friday june producer Pulce june there Are no Lodal business Calendar event listings this week the free press welcomes items for the business they should include sponsor and fee and be mailed to Leesa free 1355 Mountain or faxed open for business the free press charts the growth of entrepreneurial efforts in Manitoba with a list each week of new business company Falcon trails resort owners Barb Craig Rich and Lois Mike and Yuki Al Arnan location Falcon Lake business situated in Beautiful White Shell provincial this environmentally four season resort promotes the enjoyment and respect of nature through nature programs include Bird watching and wild Flower interpretive guiding and a multitude of self propelled recreational opportunities for families and Combine that with yet rus tic accommodations in the Canadian shield country of Falcon Lake and you have a winning co owner Mike Winter recreational opportunities include downhill and Cross country ski snowshoeing and ice and the summer months feature hiking and Cabin amenities feature Post and beam Pine floors and Ceil Cathedral ceilings in the living and dining Wood burning full hot Sun screened in porches and breath taking views of the number of employees two 20 Par time and company enhanced perform manc secretarial solutions owner Jennifer Zorn Ford location 414 Sackville business a new business business secretarial service that caters to those in the medical and mental health owner Jennifer an entrepreneurial Secretary who specializes in medical said Down Siz rightsizing and cos cutting efforts in the medical Industry propelled her to begin her own Many medical offices have Busy times where there Arent enough staff to com plete reports and transcriptions quickly enough and turnaround time is she with my secretarial professionals would have their overload work done More quickly because there be All the Day today interruptions of the Zorn Ford says this Type of without the cuts Down on the costs of using a temporary with All the must have computer equipment in her Zorn Ford also does and Small enlarge number of employees one started a new business or opened a new store the free press wants to hear from notices should identify the company Short description of the number of Startup Date and Telephone new business Telephone num Bers must be available through directory Send to Leesa free 1355 Mountain r2x 3b6 or fax by the numbers housing starts have been on a roller coaster ride in Manitoba Over the last 15 Canada mortgage and housing figures Richard a macs senior Market analyst said the economic recession put a Damper on hew Home construction in the Early by the Economy was booming employment growth was baby Boomers were building in a big and housing prices were Goatcher that led to a surge in construction in the last half of the pushing housing starts to record breaking then in 1989 and High vacancy rates put the brakes on multiple family starts in another recession in the Early along with High interest rates in also helped to staunch demand for new single family it is Only in the last year or with the Economy on a Roll and interest rates at or near their lowest level in that new Home construction has begun to perk up again in Manitoba and the rest of the Goatcher for Chc is projecting about housing including More than single family Manitoba housing starts 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 family multiple family Ken free press flex text founder Keith Penhall says he cant wait to see what happens from his internet catching customers in the net webs sales potential great but Security concerns remain by Murray Mcneill business reporter in the space of a Little More than a a Winnipeg entrepreneur has gone from Selling textbooks by the Side of the Road to peddling them on the information Keith owner and founder of flex is launching a new web site on the internet this week to advertise his discount textbook ser vice for University Penhall said he has no idea what the response to his web site will but he knows its a business and marketing Opportunity that too Good to pass he estimates there Are about University students in West Ern Canada and that virtually every one of them has Access to a computer on Campus that is connected to the so is there value in me being on the internet you bet i cant to see what Hap he saying Hes sure advertising on the internet will help him improve on the 200 or so sales he made last year his first full year in pen Halls 14monthold company is among a growing number of Small and medium sized businesses that Are using the world wide web not Only As a source of but As a tool for marketing and Selling their products and according to a recent Angus Reid 26 per cent of Canadas Small and Home based businesses Are using the that compares with 17 per cent a year according to Daryll a coordinator with Industry Canadas strategis internet web and a recent Canadian federation of Independent business Survey of of its members found the num ber of Small and medium sized Busi Nesses using the internet had More than doubled Between the first Quarter of last year and the first Quarter of this there is no doubt the internet offers entrepreneurs incredible Sewell told about 120 delegates attending a creative entrepreneurship conference last week in Sewell said the great thing about the internet is that it can be accessed from anywhere in the world on a 24 Sevenda Sweek and Penhall said it Doest Cost a Fortune to set up a web site he did his for less than but while a growing number of companies Are using the internet to Market or sell their Sewell said its use wont really take off until someone devises a Way to ensure the Security of most internet transact he cited the results of a recent Nielsen Survey that found Only 11 per cent of respondents who were internet users had made any Pur chases through the world wide seventy five per cent of those who had not said they were reluctant to do so because they be guaranteed the transmission of such information As credit card numbers would be fifty eight per cent of them said if such a guarantee they would make purchases the Public perception is that there Are just too Many potential scams out that its still too More Small firms using the internet some facts and figures about the internet m a Survey this year by the Cana Dian federation of Independent business found a growing number of Small and medium sized Busi Nesses Are using the usage among firms employing fewer than five people increased from 18 per cent in the fourth Quarter of last year to 23 per cent in the first Quarter of this while usage among firms employing Between five and 19 workers grew from per cent to per the study found that usage by firms employing Between 20 and 49 people jumped from per cent to per while usage by firms with Between 50 and 99 workers climbed to per cent from per an Nielsen Survey found 1 the most commonly cited reasons a for not wanting to make purchases Over True internet were concerns that personal information such As credit card numbers would fall into the wrong that buyers would have no recourse if they were unhappy with a and concerns about the credentials of the same Survey found the products or services most often purchased on the internet include compute related products and travel information and airline reservations and sources Industry Canada and the Canad an federation of Independent Sewell who was one of the Dele Gates at last weeks entrepreneurship said that one of the Rea sons Hes opting to just Market his textbook service on the and not conduct any actual sales hell ask potential customers to Contact him by regular mail or email to arrange the fou Day conference was Cana Das first National conference on entrepreneurship and Enterprise its purpose was to provide entre pre educators and Community development officers with an Opportunity to learn about the latest education strategies and tools in the area of Enterprise and the conference is expected to become an annual Bonds or stocks the Choice depends on you people who invest in the capital markets have two Basic invest ment choices they can lend their Money to a company or or they can use their Money to buy into the ownership of a the Choice Between stocks and Bonds will depend on your needs and your individual do you want regular income How much risk Are you willing to take on How much Money can you afford to invest the first step is to ensure that you understand what stocks and Bonds How they and the differences Between Bonds and stocks Are ways governments the biggest users of raise All three Levels of government provincial and municipal need Money to fund capital projects and social programs they cant cover out of our when governments they cant just go to the Bank and ask for a no Hank has enough Money in its Treasury for that instead of borrowing from a they Bor Row from the Public at investment facts stocks and Bonds the Way they borrow is by issuing a Bond is what people in the securities Industry Call a debt instr a Home mortgage is also a debt debt instruments Are Sim ply jus that describe the terms of a contract Between a Borrower and a such terms usually include a Promise of repayment in full by a cer Tain time and an outline of what the Cost of borrowing will unlike you As an individual or even Large corporate Bond govern ments do not have to offer any Security for their governments get special treatment because they have the ability to raise taxes to cover their which is very effective col business is the other big user of Cap a business needs an inflow of Cash several times in its life it needs Money to get started and then it May need capital when it is ready to grow or perhaps the company wants to expand its factory and manufacturing capacity to fill increasing or it needs to replace out Date these expenses Are usually Over and above what the company can pay for out of its it is important to our Economy that the flow of capital to business is not otherwise growth and development jobs Dis appear and the Economy As the company Banks continue to be useful As a source of funds or the company can pay for growth out of its another option is to raise Money by Selling shares in the Compa Selling shares Means that All the buyers become part owners with equity in the equity is another name for company stocks or whether you choose to buy Bonds or stocks depends a lot on your willing Ness to take on when you buy a Bond or another debt you Are lending your that Means you Are a creditor someone who is owed you must be paid Back in together with if the com Pany goes out of you have a Good claim on any assets that May be left when you own Stock or you own part of the company and have the right to share in the profits and the growth of the if the company goes your claim to whats left Over Falls behind any claims of Credi this makes your investment a lit Tler although that will depend on the particular Stock you Are think ing of Bonds and other debt instruments pay you interest or some form of fixed which Means that you know How much you can expect for lending your on the other dont have to pay any interest because you Are not lending Money to the com you May be paid a which is actually a share of the com pants some kinds of shares always pay a dividend others do whether dividends Are paid often depends on How Well a company is with some you Are counting on the company growing in value and that your As part will grow in value with it so that you will then make a profit or capital gain when you before you invest in or some combination of the you should be aware of and comfortable with the potential risk and rewards associated with these different invest ment next monday How to select in investment adviser investment facts has been by the investor learning Centre of Canada an Independent not Fop profit educational organization created by the Canadian securities Institute Thiv ugh National publications and resource the Fri is dedicated to helping canadians learn More about in to find out More about the please Call ;