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Real Estate Show Place Aug 30 1978 Know how To start your own business be a dream come ture after Years of wing Or it may something 10 do your span lime to earn a few extra dollars- Just can I find work have and stem to lie doing all right All it takes Is lol of hard work and you re used to whv not fry if Why nop But where do you go start jour own business Who do you talk to What kind of planning Do you iced a lawyer An licences These are important questions easy answers Hut this t mean thai starling your own business is going to be that easy Consumer and commercial rcl itionsminister Larry Grossman whose registers most small businesses in warns lint about per cent f ill new businesses fail within the first five years This me ins that of the new businesses registered registered businesses must register eery five years in the past year only 12 Mill still tic operating in the 1980s failed business can often mean hank i situation where the owner just tan keep up with his her debts This sometime- means losing everything you worked hard for all life Why do businesses fail There are a hundred different reasons And there arc also a lot of reasons why i new business can be successful I irst of all you should know the correct wjy to start one If you plan to start a business In Ontario and use name other than your own have GO days to register that name with Ihe partnerships registration office of Ihe Ministry of consumer and commercial relations located at Street In Toronto Anything added to your name means you are using a name other than your own or example if John Doc wants to start a small construction business and call it John Doc Construction he had added something to his name and must register company or The different than your own name and must be registered And if for some reason you arc register ing after days you must fill out and sign a form that explains that the late regis is not for any improper purpose These forms may be obtained from partnerships office The easiest way of operating a business in Ontario is by starting up a sole proprietorship This means that the person registering is the only owner and has total responsibility for both debts and at ion of hi business If the business fails the owner could lose the family home and all personal possessions to pay off any debts This applies also to partnerships which art slightly more complicated partner ship means two or more people go Into business together The partners agree to share costs profits and rights of manage ind all partners sign a declaration their names and the business name of Ihe partnership T lis declaration is filed with the partnerships office of the consumer and commercial relations ministry The registration fee for both sole proprietorships and is 10 Why is this necessary There ire lw reasons One is to keep track of how many baslnesscj operate In Ontario the mo n reason says Mr Grossman Is public with Anyone he says has rigid come down the registration fficc find out Hie names and ad dresses of he people runnwj any business in This is help the public Sup pose someone truck into your car or runs over your foot and drives All you saw was ihe name of he business on side of the truck II be a brand new business and the name I in the telephone book Who do you to gel money pay or the image The partnerships registration office will All It costs is for a name search The registration forms to fill out when starting a new business are very simple to use sole proprietorship single r all you have to print n the front of i card is the of business the ite Ihe business w is or will Ik established description of kind of business it is There also a box to check If are renewing the regis which must lie done every five years or If you are changing any inform filed like change of ad dress The card Is used for partner ships and there is on Imk list the names partners their addresses md signatures Most partnerships are general partner ships where partners equally share costs profits ind rmnagement A more complicated partnership Is a limited one his means you hive decided to add one or m re p irtncrs who Invc i certiin sum of monej into the business These limited pirlners ire more like in business fill they are responsible only for of mmej hey invested In other words if a limited pirtncr puts SI into Ihe business hi or she is only for SI f any debt I imiied partners must write in of money invested on he hock if the registration One extremely important point to remember is thai failed business should be recorded the registration office immediately This is done by filling out a dissolution card Unless this is done owners of the failed business are not eligible for unemployment or welfare benefits Until the business is dis solved the government will think that you are still successfully carrying on that business Here ore some points to consider before starting up your own us in ess Know before you what kind of customers you wanl to reach and lime an idea what kind goods or service they wanl Ifyouwantto start a roofing business you should know how many others in your area arc doing the same thing and whether service you offer will be better cheaper or more Are you planning advertise Notices in grocery stores community centres or may he all you need in the beginning as business grows you might nsider other methods such us newspaper Do you need fipecnl licences Your municipal offiees or town hill will tell you new to operate certain businesses Truck licences are from ministry of transportation and communications Registration at the partnerships office is not the same thing as a licence Do you need i lawyer or an account anf Probably not registration of small businesses is so simple However as business starts to grow you might find Ihul you need professional advice If it gets loo complicated work out yourself then you should consider a lawyer or in Could you attend night school community colleges and high schools In offer courses in accounting small business law or how stun a small bust Infornnlion is ilsoavillable through the Infornnlion Centre of the ministry of consumer nd commercial relitions The centre is located at the same build ing wtiere the registration office is on starling your own business as well as olhcr Inform and booklets which prove helpful ire available centre Th ir call is nil A more comprehensive book on starting 1 small business Is available free from ministry of industry and tourism small business operations division Hay Street Hearst Block Toronlo Ontario aaaah Thi Nile clock in at about tons Despite ridiculous hope the hippo in remarkably agile and out on Iran fl roan when prosed Metro Toronto Zoo ban hippos in its family thin in 17 yearold blind in one an excellent mother he yearn many offspring Metro Toronto Zoo in open year round except Dec and la treat in any The Zoo in located on Road north of the on Exit miles of he Don Valley Parkway I If from thee ant take the Cloning times are Summer hours last admin Ion at m More stoves fireplaces means Renaissance of chimney sweeps Chimney sweeps you say out of Charles Dickens no doubt Mo Here In Started by year old Nero who saw the trend Irankhn stoves and wood burning fireplaces as i demand for the ancient craft fin hazards just eone into for himself Nero is that iherc once will be i demand for he services of a chimney sweep in lhat Ik alls his company Sweep Chimney Sweeps has recently graduated run WOO course in Vermont hopes serve the southern llalton nnrkel but be I usincss for an enterprising youth in North Hilton us well He ys the build up of creosote is a real sifcH i cause of many iliimncy fires Smoke from burning wood contains flue which will on a relatively cool surfaci such as pipe or ii mncy liner Over time this burning process creates a crusty uild upon the inner surface Hie build up of creosote illy creates a hazard but reduces heating of the fire says the experts recommend cleaning your chimney anytime there is in ire Ihnn of in inch of the black cunk built up in ihe chimney wills Creosote is much com In wood or luriuni fires thin nr gas to Nero w is bad lit 1 is fast people wo d save on fuel bills but many don t roily realize that chimneys to be cared r In chimney sweeps in an thing I thought of It here until iIm ut three months ago when 1 friend f the s jave hi Idea explains He has worked a bull operator until recently mil made switch partly because l wanted to work himself instead of some The chimney pipes should 1 cleaned it least once a year and 11 is something the homeowner can do himself that is If he 1 mind taking the chance of creating in mess Nero says he has both equipment and the expertise the job done without tracking soot and creosote through the house I guarantee nomess or I don charge anything for the job lie claims there is a move underfoot in the United States make regular cleaning mandatory I think it will be compulsory here sooner or later loo Nero charges for an inspcctinnfceand if he cleans Ihe chimney the charge is the inspection feel lor particularly dirty chimneys Ihe is higher The build up of creosote is 11 ore likely in be found in older homes that haven I had chimneys cleaned or in homes where high efficiency wood burning stoves have been installed Creosote has several effects You notice and smoking as you are loading your stove or fireplace You also losing heat as creosote has an insulating quality This is important if much of jour stovepipe is exposed since a good deal of heat is radnted from the pipe Should a ire break out in jour chimney the best thing t do is lo close all draft tonlrolsonlhestovc dr cover fireplace opening with plywood or a heavy rug but iRWare of strong suction caused by the blaze Hock salt may be helpful experts advise but never pour water on the down the chimney 1 Ho hum Another day another face This in Willy a young male mandrill or form baboon leader of Metro Toronto Zoo troop African pavilion The wo In new and most of the animals The mandrill are beginning to develop their vividly coloured blue and purplish red