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Wednesday, February 1, 1984 Vol. 19, No. 5 Terrace Bay Schreiber Public Library Terrace Bay 2WO Ontario em Ce aT lh el Nw NG@yw Schreiber E.D.C. promotes Small Business _ The Schreiber Eco- nomic Development Committee, in attempts to assist the local resi- dents of the area in bringing small busi- ness, sponsored a semi- nar entitled 'Starting a Small Business In On- tario", which was held at the Schreiber Rec Centre last Thursday evening. Several inter- ested persons were in attendance at this semi- nar, not only to find out how to start a business but also to gain know- ledge and share ideas on the pit-falls of owning and operating a small business in the 1980's. Bob Pollock, a Small Business _ Consultant with the Ministry of Industry and Trade, was the guest speaker for the session, and through his many years of experi- ence and expertise, he was able to speak to the audience on the concern of many small business- es, and also the reme- aay AAA dies on solving those problems. He stated that small business in- volving the personal ser- vices field (i.e., clean- ing services, etc.); are beginning to take flight and have been a suc- cessful area of busi- ness in Ontario. Person- al service businesses re- quire little initial invest- ments or capital and are often used as a 'filler' for someone wishing to provide themselves with gainful employment while awaiting other work of their choice. He stated that the reason for failures in 90 per cent of most small businesses was due to the poor management of personal records and their bookkeeping 'sys- tem. Bob Pollock said that there are five basic re- quirements in order to be successful in small business today, and they are: 1) you need a product, a service or an idea; 2) some experi- ence and knowledge of that field (learn the ba- sics of retailing, etc. before you open your own business); 3) a good, working business plan; ) financial as- sistance; and 5) the background and the de- sire to succeed. He emphasized that most people shouldn't go into their own busi- ness with the idea that they are going to be making big money im- mediately. He stated that 85 per cent of all small businesses don't make a profit in their first year of operation and many confuse profit with sales. Other areas covered during the seminar in- cluded: 1) regulations, registrations, and in- corporation vs. part- nerships; 2) patents, trademarks, industrial designs, and copyrights; 3) taxation (and how to save yourself a head- ache if you do it right the first time); 4) the licen- sing system for small businesses; 5) assistan- ce (financial and mana- . gerial); just to mention a few. Participants in Thurs- day's seminar were able to direct their ideas and questions to a profes- sional and receive in return, some valuable advice concerning many areas of small business in Ontario. Anyone who missed the seminar and is interested in find- ing out more details on this worthwhile session, can contact one of the members of the Econo- mic Development. Com- mittee in Schreiber. For those of you who may have ideas or suggest- ions for future semi- nars concerning eco- nomic development, please contact the Com- mittee. They are there to assist the residents of the North Shore in fut- ure business develop- ment. Schreiber is in for a real treat! Dorothy Gregory and Norm Best presented the Schreiber/Terrace Bay people with several posters which were titled "'"Great Moments in Ontario" Schreiber residents are making plans for a very memorable Bicen- tennial year. Various groups and organiza- tions 'are currently ar- ranging some fantastic" entertainment for the residents of Schreiber . These posters and week by week the plans are coming- closer to being finalized. The Schreiber Bi- centennial organizers got together last Wed- nesday evening at the Rec Centre where they listened to guest speak- will be hung in various locals around the area and will boast of numerous feats. that have been accomplished right here in Ontario. Northwestern Ontario Bicentennial Co-Ordi- nator and Norman Best, Executive Director for the Ontario Bicentennial Advisory Commission in Toronto. Both were on hand to provide the or- ganizers with updated information on grants 4 and to give them: some ideas on what their com- mittee could be doing to celebrate the Bicen- tennial year in their town. For anyone interested in assisting the commit- tee in their efforts, continued on page 5 --e-- You can send Valentine Greetings to your "Someone Special" for the low price of $10.00 Don't miss this opportunity to tell your loved one you care. Call Sharon or Lynne at News 825-3747 Before Feb. 3, 1984 Rossport Local Services Board -Funds available for Fire Hall The regular monthly meeting of the. Rossport Local Services Board was held on' Tuesday, January 10th at 7:30 p.m. in the Community Hall. Correspondence Chairman Alex Krys- tia read a letter from Jane Greer, our North- ern Affairs Officer from Marathon, regarding the Unorganized Com- munities Assistance Programme. Board members were quite pleased to hear that the Programme offers Un- organized Communities such as Rossport, up to $10,000 or 50 per cent of the construction costs of a fire hall as well as up to $30,000 or 75 per cent of the funding for a fire vehicle, either new or used. Members have - agreed that upon com- pletion of various inquir- ies by Doug Stefurak, plans will be finalized at the next meeting and a grant application for funding to construct a new fire hall building will be submitted to Northern Affairs. The Services Board has received a $500 'cheque for the Ontario Bicentennial Celebra- tion. Board member Chuck Hutterli has ag- reed to chair this acti- vity and is open to ideas. A flag depicting the Ontario Bicentennial Logo has also been re- ceived from the Minis- try, which was display- ed by Alex Krystia. New Business Through the assist- ance of Constable Don Anderson of the Schrei- ber O.P.P. Detachment a"'Neighbourhood Watch"' programme is presently being imple- mented in Rossport by an independent local committee. It should be noted that this commit- tee has asked for and received, the endorse- ment of the Local Ser- vices Board in their fu- ture efforts. An in-depth discuss- ion was conducted re- garding the various in- surance policies within the jurisdiction of the Services Board. On a motion by Mary Bur- nett, Chuck Hutterli is to further negotiations con- cerning the feasibility and practicality of con-' solidating all existing insurance policies into one "Blanket Policy". Herb Gray from the Ministry of Tourism and Recreation Office in Thunder Bay, was pre- sent to fully explain the format by which a rec- reation committee is res- ponsible to a services board, concerning addi- tional separate grant funding from his minis- try. Relating to this information, the Ross- port Recreation Asso- ciation has been direct- ed to submit to his office basically their same budget that was formu- lated and submitted to Northern Affairs, ef- fective Oct. 1st/83 through Sept. 30/84. Mr. Gray stated that such grant funding, per- taining solely to. rec- reation, is available to Rossport because the Ministry of Tourism and Recreation has recently organized Local Ser- vices Boards in the same manner and regard as any municipal organi- zation. The next meeting will be held on February 7th at 7:30 p.m. in the Com- munity Hall. Police to start ticketing! Officer Russ Phillips wishes to remind the people of Terrace Bay about the three "'Handicap"' parking areas that are designated for the handicapped. The three areas in Terrace Bay that house these signs are: in front of the Rec Centre Restaurant - in front of the arena - and in front of Costa's Foodmarket. If you are caught parking in these zones without an authorization permit (obtainable from the Terrace Bay Police Dept.) you may be subject to a fine of $5.00 and up. Please park courteously while shopping in Terrace Bay.