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BUSINESS

21 - Sunday, August 14, 1988 - North Shore News

Program caters to

THE CENTRE for Native
Small Business is sponsoring
a 12-week, intensive, full-
time Native Enterprise Pro-
gram.

The program begins Sept.
12 and is designed for
Native people intcrested in
starting a business. Examine
the feasibility of your idea
and complete a _ business
plan. The program is limited
to 16 participants.

The training program begins
Sept. 12 and ends Dec. 2. Training
will take place at the BCIT Bur-
naby campus and consists of suc-
cess orientation, business
management skills, entrepreneur-
ship tools and contacts and
business plan development.

For more information or to reg-
ise call Shirley Joseph at 687-

kk RR

INGA SCHROEDER, owner of
Maxiim’s Coffee and Tea Room at
Lynn Valley Centre, is calling it
quits after 14 years of operating
the business.

Said Schroeder: ‘'] would like ts
thank them (the patrons) for all
the years of support. I've enjoyed
all my years in business. } wish
them all the best.”

kek

WITH MORE than 400 mutual
funds available to Canadian con-

Prepare for
tax change

IF YOU are self-employed and
maintain an office at home, you
probably take various income tax
deductions related to that office
when filing your return. Beginning
in 1988, however, some big
changes in allowable deductions
are in the wings.

Currently, if you are self-
employed, you may deduct from
income all expenses related to the
home office that you use for
business purposes. Allowable ex-
penses include, for example, por-
tions of your mortgage interest, or
rent, portions of your utilities,
property taxes, insurance costs, in-
terest expense on business loans,
depreciation on business assets
(such as computers or office fur-
niture), and expenses related to the
day to day operation of your
business (office supplies or salary
for an assistant, for example).

You are eligible to take such
deductions even if use of the home
office is only incidental to running
your business,

Under tax reform, however, the
proposed rules will be a_ lot
tougher. For fiscal years beginning
after 1987, a self-employed person
will be allowed to deduct the costs
of a home office only if the space
is used exclusively and on a regular
and continuous basis for the pur-
pose of earning business inceme.

CONCERN
FOR
THE

CONSERVATIVE
INVESTOR

business
briefcase

Michael Becker

sumers today, the new release of a
guide book shedding light on the
investment phenomenon comes at
a good time.
Through The

Mutual Funds

So]

Maze, published by Grosvenor
House Press Inc. in association
with Royal Trust, gives the ordi-
nary investor a complete education
in mutual funds.

The book promises to teach the
reader how to build a portfolio
tailored to specific needs; how to
find the winning funds; how to use
proven strategies; how to ride out
bull and bear markets; how to
minimize the tax burden.

The book’s authors include
Keith A Douglas, president of The
Investment Funds Institute of
Canada; budget planning and
money management expert Peggy
Waterton; Eric Kirzner, assistant
professor of finance at the Univer-
sity of Waterloo; Paul K. Bates,
vice-president, personal advisory
services, Royal Trust; Marlene
Davidge, partner of Toronto law
firm Tory, Tory, Deslauriers &
Binnington.

eet ae

THE AVERAGE income before

| Coronet Trust

MEMBER: Canada be
MEMBER: CROWNX

Ht Insurance Co) oiation

OUP OF COMPAR!

a * Rates cubject to change without notice
» ARSP — ‘interest Compounded Annuaily

104%

Gic —

10%)

interest Paid Annually

10%%

-L1_YEAR |2 YEARS|3 YEARS/4 YEARS /5 YEARS .

«SHORT TERM GIC's, INTEREST PAID AT MATURITY.
"N% BONUS “ON $50,000 AND OVER

30-59 DAYS
- 6089 DAYS
90-419 DAYS

81%

120 - 179 DAYS
180 - 289 DAYS
270 - 364 DAYS

s4%

». Revitalization has added a new look to West Vancouver.
Drop in for coffee and revitalize your investment portfolio

with a Coronet Trust GIC,

Residantial ‘and Commercial Mortgages a -
Teresa Black Hughes - Manager, Deposit Services
Brian Kennedy — Manager, Mortgage investments

1735 tiacina Drive, West Vancouver, B.C.

Clerical
Financial

demands.

Cc
Coll

Office Technology Program
ENROLL NOW! SPACE IS J.IMITED

There are a few seats available for September
1988 in each of the following options:

Word/Information Processing

Acquire microcomputer, word processing, and
general business skills to meet job market

Don’t be disappointed. Call 984-4959 now to
arrange for your pre-admission interview.

Microcomputer Training for Office
Workers Information Meeting

Monday, August 22, 7:30 p.m. Room H210
© Day or Evening programs

° Secretarial or accounting options
See our newly equipped computer labs — a
computer for every student!

\f you are unable to attend this meeting,
appointments can be arranged. Cail 984-4959.

illano
CGE North Vancouver, BC.

Tel: 925-3112

2055 Purcel! Way

tax of all Canadian families was
$35,665 in 1986, up from $29,088
in 1982, according to a Statistics
Canada study of family expen-
diture,

lative entrepreneurs

The study reported that the
average family spent $5,013 on
food in 1986, $2,215 on clothing,
$5,680 on shelter and $1,525 on
household operation.

B11003pm

Hands-on training Set your own pace
Set your own Schedule Start any time

INTRO TO COMPUTERS
BASIC OPERATING SKILLS

BUSINESS & OFFICE SKILLS
e Word Processing »# Data Bases
e Financial Soreadsheets
y instructor-led Workshops Available
1 ~iie ACCESS CENTER

... at Lonsdale Quay

at the North Vancouver Seabus Terminal

984-4671

1 Hours: Mon.-Thurs. 1-9 p.m. Fri. & Sat. 1-4 p.m.

month of August
7 Monday to
4 Thursday only

DUNGHIESE CPAs,

RESTAURANT

235 - 15th Street,
West Van 926-6861 |

d Lunch Monday-Friday binner Monday-Saturday §
5:30-110m §