do it. The vice-president and regional general manager of the Federal Business Development Bank = says small business has in its hands all the ingredients for the soluuion to the major economic problem of unemployment. Addressing the monthly meeting of the North Van- couver Chamber of Com- merce last Thursday, Kerley NOEL WRIGHT stressed that any significant growth in employment must come from the small business sector, which is expected to employ 6.2 million Cana- dians by 1990. _ In big business and govern- ment, he said, the work force of just over five milhon is unlikely to change within the What a buy! Model 4 personal desktop Computer ata price you cant pass pip) What measurable future. **We cannot rely on (large) companies that depend on world markets which are not yet improving,’’ Kerley said. (Canada’s current work force, including the unemployed, totals approx- imately 12 million.) Kerley outlined the many services provided for small business by the Federal Business Development Bank which last year loaned $321 mifhon to Canadian com- panies—mainly small and medium-sized enter prises—and invested $7.9 a computer! Two disk drives 64K memory 12 green screen, backed by a mountain of software and the best support system in the mdustry Sale lasts only until Oct 31, 1984 26 1064 TANDY/” ara yoo million as equity. In addition to loans and equity investment the FBDB operates a computerized in- formation service that gives small businesses the same ac- cess to statistical data as large businesses. It also ‘‘mat- chmakes’’ between business people seeking funds and those with funds to invest. Another valuable service ts the bank's do-it-yourself planning kits covering forecasting, cash flow budgeting, financing and credit collections. Kerley cited a study in- B7 - Wednesday, October 24, 1984 - North Shore News Small business the key to jobs DOUG KERLEY knows how to get the jobless working again and has the tools available to help dicating women are more successtul at starting small businesses than men. Of the $00 compames with male managers which were surveyed, only 25 per cent survived, compared to almost 50 per cent of the 1,400 com- panies with women managers. ‘*The businesses that have survived,’” he said, ‘‘were better prepared, took profes- sional advice, were well in- formed and had more Tealistic expectations than those that didn’t survive. ‘*Small business has in its 2-disk Model 4 computer IS now Sale-priced for hands all the ingredients for the solution to the major economic problem otf unemployment. All that is needed is the encouragement to get going and to keep our confidence until economic recovery 1s assured.”’ A native British Colum- bian and former Canadian Imperial Bank of Commerce executive, Kerley joined the FBDB in 1962 and _ held senior positions in the prairies and the Maritimes before taking up his Vancouver post last year. Available at all Radio Shack stores. Check the white pages for the location nearest you