SEA Abate eet oe 14 ~ Wednesday, May 27, 1987 - North Shore News ESTABLISH OBJECTIVES Management means organization WE ARE all managers at some point in our lives, even though we don’t realize it. “Getting the place organized’ when you move into a new home is a form of management. So is run- ning a household which involves budgeting income and expenditure, keeping grocery and clothing in- ventories and directing the activi- ties of your children. Stripped of its mystery, management is a three-stage pro- cess: deciding what you want, planning how to get it and going for it. Yet the process is mot as easy as it sounds. Pitfalls abound, especially in managing a business activity. You have to hone those skills learned in managing a household. Insufficient planning and lack of overall direction in the implemen- tation phase can make easily stated Eight named to join Business Hail of Fame “JHE PAST 100 years have seen one of the world’s most beautiful cities — Vancouver — sprout from ‘the seeds of a colonial outpost. While virtually evervthing has changed since those early days, a few businesses and organizations have been with us from the very start,”? said Patrick Reid, consul general for Canada in San Fran- cisco and master of ceremonies for the Vancouver Board of Trade’s 100th anniversary governors’ ban- quet held recently. -_ “Bight businesses meeting the criteria established by the Van- couver Board of Trade were in- ducted into’ the newly created Business: Hall of Fame. The in- ductees are: Bank of Montreal, CP Rail, W.H. Grassie Ltd., Hudson’s Bay Company, Jones Tent and Awning Limited, Oppenheimer Bros. and Company Ltd., Pember- ton Houston Willoughby Bell Professional Real NEW RETAIL SPACE 116 West 15th Street 1000 to 4000—2000 square feet available. ¢ Small offices 350 - 1500 sq. ft. Offices from STisq. ft. Retail from $13/sq. ft. 736-1266 — ask for Ken Ronalds ~The Right Price — Right | Gouinlock Inc. and Vancouver Public Library,’’ he said. Each of these companies has made significant contributions to the economic or social well-being of the region. They have been reg- istered or incorporated in B.C. and have operated continuously in the province for at least 100 years ina . manner consistent with the goals, ‘ethics and mission of the Van- couver Board of Trade. Representatives from each of these businesses were prescnted with a scroll by Grace McCarthy, minister of economic development, during the board’s 100th. anniver- sary governors’ banquet. ‘ “We are extremely proud to honor these organizations as the first inductees into the board’s Business Hall of Fame,’ said Graham Clarke, chairman of the board. It is the intent of the board .to present this award annually to Prime Office & Retail Space Available At: 123 East 15th, N. Vane. Concrete Building, New Carpet, ., Air Conditioned, Underground Parking, 7200 sq.ft. Office Subdividable to 732 sq.ft. 2636 sq.ft. and 840 sq.ft. Retail Office * Calis NORTAX INVESTMENTS LTD. 287-6716 GASTOWN PROPERTY Prime Jocation — 5 storey building located in high traffic area.. Building fully leased. net income approx, $139,000. Offers to $1.2 million. AZIZ HAJ! 980-6868, 988-6131 “RESIDENTIAL LAND DEVELOPMENT Prime view property located in Lynn Valley. Several lots currently available for subdivision. Tremendous oppor- tunity — call for details KEVAN MARTELL, MARK WHEELER $88-6131 gross. Asking $410,000. business. Asking $29,000 BUSINESS OPPORTUNITIES 1. Sunny Okanagan — 18 unit motel on Veseaux Lake. Perfect family operation, Mid $300's — owner will carry financing. 2. Downtown — 17 units rental plus laundromat business — $70,000 3. Auto repair shop — North Vancouver, off Pemberton. Very prosperous 4. Record business — in busy mail. Only $9,900 SONIA STEINMETZ 988-6131, 926-6350 Canada Trust Realtor Bill Groundwater [| “TOWNHOUSE SITE” Land assembly of up to 27,000 sq. ft. 0.C.P. Garden Apts. 16-18 units, Hamilton & Fell area, N.Van. Call for details KEVEN MARTELL, MARK WHEELER 968-6131 “PRIME INDUSTRIAL” Great exposure to Marine Way in Bby. proposed industria! park. up to 27,000 sq. ft. or smaller. KEVAN MARTELL, MARK WHEELER $08-6131 organizations and businesses that have made significant contribu- tions to the economic and social well-being of Vancouver. THRIVING DRESS SHOP Looking for a well-established business, with an extensive clientele? This could be the end of your search. Situated in a heavy traffic area in Lower Lonsdale. Call for details. ANN LEDGERWOOD 926-2073 MIKE WINTEMUTE 985-2484 Royal Le Page Real Estate Service 985-8231 . business objectives elusive. The businessman finds himself tos- ing control and reacting to one crisis after another: management by crisis. To run your business effectively, you need to establish objectives for each area of the business. You need established policies and pro- cedures. And you need efficient and ac- cessible record-keeping. The all- round experience of a chartered accountant may be helpful. Properly organizing your legal and business affairs at the start of your enterprise will prevent pro- LEASE SPACE Retail office space e Near Capilano Mall © Near Lynn Valley Centre Two great locations, ex- cellent exposure, ne wbuidlings, 1000-5500 sq. ft. at excellent rates. CRAIG CLARK 980-3268 Mitten Realty 988-1175 Rent a furnished office for 1/10 of the traditional cost. From $195 inclusive per month. Sulte 300 - 1497 Marine Dr. West Vancouver WEST VAN FOUR-PLEX 4 legal suites, fireplace, sundecks, high up in the prestigious hitis ot West Vancouver. Be first to view. GEORGE WEINHAUFL 985-7771. ro 9@°!° 2 BORM. VIEW 2 PENTHOUSE For you and another for your best friend atop this beautifully cared for 17 suiler. 20% down will show a whopping 14.2% return on your investment. No financing necessary. GEORGE WEINHAUPL That's pineapple with a “W" Office: 985-7771 8 SUITES STRATA COMPLEX With a rare MURB certificate to tower taxes. F.P. only $269,000, Buy wholesate and sell retail to tenants, investors or home buyers. Very at- tractive financing in place. GEORGE WEINHAUPL 985-7771 925-1147 12 UNIT HANGAR Terrific return. 12 prepaid trouble {ree leases. Absolutely no maintenance. Try $35,000 down. FP $110,000. $179,500 8: oe PROBABLY THE FINEST Unparalteled city view from your living room chair. SXS duplex with high unfinished bsmt., 4 F/P's, car- port. A territic potential to update on prime property. Exclusive. Be first_to view. blems from arising later on. For example, if you have unique pro- ducts or processes, patent them. Have a sound insurance program in place before you start opera- tions. Long-term contracts should be properly negotiated. Get legal ad- vice for these contractual matters and for your incorporation pro- cedures. Set up an efficient system to monitor your purchasing, inven- tory and credit. (This article was provided by the Institute of Chartered Accountants of British Columbia.) Over $290,000 in prizes ___Plus 16 cars. Glen Leachman Fredericton, N.B. B Ray Anistrong Toronto, Ont. B Ernest Snowden Lethbridge, Alta. Dorothy Grady Halifax, N.S. @ Charfene Morton Middleton, N.S. ® Samand Mildred Murphy Sydney River,N.S. @ Norman and Marguerite Rockwell, Woodstock, N.B. '@ Peter and Faith Henneberry SaintJohn, N.B. @ Elise and Charles McLaughlin Campbellton, N.B. & Lillian Briercliffe, Winnipeg, Man. @ Eleanor Kelland, Wilmot, NS. ® Lawrence and Jacqueline Steeves, Riverview, N.B. ® Mary Burchell, Dartmouth, N.S. @ Loraine Naugler Bridgewater, N.S. @ Mary Mayer, Agincourt, Ont ® Margaret Troughton Brampton, Ont $8 James Oakley, Dartmouth, N.S. @ Marcel and Edna LeBlanc Moncton, N.B. @ Travis and Marjorie Dancey Montreal, Que. ( Fred/Frank Irving South Berwick/Halifax, NS. @ Gerald and Helen MacKenzie Sussex, N.B. @ Dorothy Tyers Lower Sackville, N.S, ® Ronald and Edna Crowe Truro, N.S. @ Lois Levine, Fredericton, N.B. & Sheila Rhodes, Fonthill, Ont T Central Trust Youare the central figure.