40 — Sunday, February 5, 1989 - North Shore News BUSINESS Report details small business activity on the North Shore A COMPREHENSIVE report detailing small business ac- tivity on the North Shore is providing the statistical basis for new small business program development locally. The North Shore Small Business Centre (NSEDC) with the Profile — produced by the North assistance of the Canada Employ: Shore Enterprise Development) © ment and tmmigration Commis- MARK HAMMER of the Marine Drive Future Shop bands over a $350 Kawahara mountain bike to 12-year-old Carrie McKellar. Carrie won the bike during a recent Future Shop draw. sion, the North Shore Cunada Pmployment Centre, members of the technical sub-committee of the North Shore Economic Develop- ment Advisory Committee. the North Vancouver Chamber 9 of Commerce and planning staff uae Coronet Trust Cansce EMBER: CROWNX GAOUP OF Comeaiee tion % Rates subject to change without notice RAASP — interest Compounded Annually 11% 1 YEAR GIC — Interest Paid Annually SHORT TERM GIC's, INTEREST PAID AT MATURITY “4% BONUS ON 450.000 AND OVER 30-59 DAYS 60-89 DAYS 90-119 DAYS 94% 10%,% 104% 120 - 179 DAYS 180 - 269 DAYS 270 - 364 DAYS 10%% 104% 10%% This February we're open Saturdays trom 10 to 2 p.m. &3 1735 Mazina Drive, Wesi Vancouver, B.C. to accommodate your RRSP contributions Teresa Block Hughes - Manager, Depoctl Services; Efeen Schsub - Administration Officer Tet: 925-3112 from othe three North Shore municipalities -- is the first study of its kind in the community. The study’s primary goat is to understand how small businesses fit into the local economy so that policies and programs may be established as required to en- courage and support local small business. There are an estimated 2,400 owner-managed businesses with fewer than 50 employees on the North Shore. The small business sector represents 54 per cent of a total local business market of just over 4,400. The survey’s results are based on 224 compieted questionnaires returned from a mailing to 729 North Shore small businesses. Local small businesses are most- ly business service or retail service oriented. The majority are single businesses started on the North Shore. Most have been in business for two to five years and post gross sales averaging $100,000 to $250,000. Commonly, the businesses are up against ore to four competitors, employ two full-time employees and are operated by men under 35 years of age holding high school diplomas. Most live on the North Shore. The businesses surveyed collec- tively grossed $57,500,000 during 1986. Half of the gross sales of the businesses surveyed originated from the North Shore. Said NSEDC manager Susan Bell: ‘‘People have no idea of how small business contributes to the economy on the North Shore. A lot of the businesses feel unrecognized. But the money they DavidGow:rmon, C.LU. For most people over age 50. the prospect of retiring and the need to maximize pension in- come is of increasing impor- tance. But with so many dit- ferent options being offered. along with changing tax laws, choosing the best way to secure a comfortable retire- ment can be downright confusing. By combining our 20 years ex- perience with some creative computer technology. we are able to offer a straightforward. tlexible and unbiased ap- proach to retirement planning that puts you in the driver's seat. For more intormation please contact: es SCOUTS CANADA generate around and around.” goers THE NEW Empire Fitness centre opened Saturday at 124° West Third Street. The facility, owned by David Whalen and Steve Rankin, offers weight training, racquet ball, squash, aerobics, sun spa, sauna, steam room, jacuzzi business briefcase Michael Becker and nutritional counselling health and fitness options. The new centre covers over 16,000 sq. ft. and employs 20 peo- ple. Empire Fitness has been operating on the North Shore for six years. For more information call 984-6121. 1988 "AWARD | KEN PATCHELL Western Realty congratulates Ken Patchell on his sales jeadership in 1988. Ken achieved the highest sales volume in the company dur- ing the past year. Ken has consistently demonstrated his leadership abilities by qualifying as one of the com- pany’s top three sales achievers every year for the last six years, and Western Realty takes great pride in recognizing n’s outstan- ding success. Ken may be contacted at 922-6166. Western Realty is located at 101 Kapilano 100, Park Royal South, West Vancouver, and employs 65 licenced teaitors providing residential and commercial, rea! estate ser- vices, and generat insurance services. Western Realty is a Sales Award winner for the All-Points Relocation Service, an organization consisting of 550 independent real estate companies with 1800 olfices and 21,000 sales agents throughout the U.S. and Canada.