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Real Estate Show Place Oct Buying small business needs cool clear head By Leonard If you dont like your boss buy your own bus mess Right Wrong Just toot for another job If you decide buy a business do it for good well considered business reasons And when youre ready to look into businesses for sale try approach the subject with no stars in your eyes Look upon each one with the cool calcul ting attitude of a professional businessman an investor not a gambler In my eipcncncc as a chartered accountant the reason many smalt owner run businesses fail is that the owner did not look critically enough at the business before buying it No matter how you might be about the business itself you regard anil foremost as an investment with promise but also carrying at least the normal risk associated with a business venture Before you buy get the beat profession help you can from a lawyer a chartered accountant a banker and if property is involved a realtor There are several different ways of acquiring and valuing a business dont try to go it alone especially if this is your first business venture With the help of your advisers consider all aspects of the business sales products assets personnel location man contracts expenses competition market and administration and accounting systems Why is the present owner selling Arc any contracts or agreements due to expire Why hi profitable or able Can Us be maintained or im proved A professional review of the historical financial statements is essential since they will allow you to make a reasonable forecast and draw up an operating budget probably the most important tool in sound management This in turn will allow you to calculate an estimate of your ex peeled return on invest mem What this return should be depends on the nature of the business and the amount of your invest but it should be at least the 10 per cent or so you would get if you just bought some bonds plus a factor for the greater risk And if you manage the it should pay you a salary as well Dont let your emotional involvement of owning a business interfere with your belter judgment of its real prospects If your analysis reveals the bus mess is not a sound solid investment pass it by and look elsewhere Success in running your own business is planned It docs not occur as a result of luck Winners arc many and on analysis the common denominator is sound judgment and organized control Saxe Stfphin P Saxt Limited ft Hoi 8772219 or 4531111 RECREATION 3 acres northwest of Georgetown with a degree view of rolling pasture land The house has everything to make it comfortable in winter spring summer or fall so all you have to do is call John Caton and I be there to show you your future home GOOD OPPORTUNITY IN RURAL AREA form lUiiMmn lies paired road This storey brick homo has contained apartments and has recently boon improved with a roof wiring aluminum soffits fascia and eaves Centrally located to cools shopping end all amenities For your exclusive viewing call John Caton BUY YOUR OWN GARAGEI She l gas pumps paved loi Ailing Call Tom 900Space Plus Compare i you II bo happy you did This home is large living and dining room eat in kitchen mam family room mud room plenty of space for largo games room plus a garage A home worth seeing Call Rozetta Stop OPEN HOUSESAT OCT 7th 2A Hall Georgetown A fenced yard for tho kids central air conditioning to beat the heat dock living room dining room and eat In kitchen Three good sued bedrooms upstairs in this semi Call Eleanor Langdon OPEN House Sunday Oct 15 1978 79 John St- 24 Custom Built Back Split Only 3 Years Old There is a lot of living space In this throe bedroom back split all tho features you need for a family house eat in kitchen living room dining room and large family room off the kit chon Give Robin a call at 2219 to Colonial Ideas 111800 00 Lots of colour selection left plus floor to coiling fireplace deck from family room walkout from to beautiful treed lot maples uniper a gardener largo eat in kitchen with easy vision of roar yard and family room Call Robin Fischer or Eleanor for your personal tour VIEW acres of treed beauty with a degree view of the Calodon Mountains and Credit River House is brand new ft two storey two fireplaces family room main floor laundry room three bathrooms and much more House is complete buildor has financial Purchaser buys an as is condition Call John Caton Stephen P Saxe Limited Realtor 170 Street Georgetown Ontario Tom Cooper l Robin Fischer John Caton 8776564 Eleanor 2493 Norm Sinclair Howard Caton Coring DePaoli 7976 Rozetta Stolp 2180 Don McMillan Wendy Saxo 2984