Forecasting an existing business for expansion
The article explains that the crucial question is what operating statement can be expected after one year. This forecast is what lenders will want to see when evaluating a loan for expansion.
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Newspaper
Roblin Review
Location
Roblin, Manitoba, Canada
Date
Jul 16, 1980
Page
2
The article explains that the crucial question is what operating statement can be expected after one year. This forecast is what lenders will want to see when evaluating a loan for expansion.
The piece explains that forecasts should reflect recent results and realistic expectations on revenue and costs. It covers one-year plans and longer four to five year horizons, citing effects of expansion on staff, taxes, rent, and bad debts. Benefits include learning about the business and uncovering revenue opportunities.
An operating forecast helps decide among expansion options by outlining required facilities and product lines. Comparing forecast with actual results reveals opportunities and areas of concern, increasing success chances but not guaranteeing it. For more small business info, write to Frank Watters at the Federal Business Development Bank in Montreal.
In a July 9 1980 Roblin Review letter Board Chair man L Boguski defends nursing staff as well trained and capable. The board clarifies concerns over surgical cases and notes transfers are decisions by the doctor and patient not the board.
Mr and Mrs Ken Jones of Gem Alberta announce the birth of their son Jaret Kenneth on May 22 1980 at Calgary Hospital. He weighs 7 pounds 2 ounces and has two siblings Shelley and Trevor. Grandmothers Mrs Margaret Charbonneau and Mrs Erna Jones and great grandparents Mr and Mrs Ed Charbonneau, Roblin, Manitoba, share the joy.
Charlie’s younger brother Ben and sister in law Clara Ronellen fitch of Okatouks Alberta were dinner guests at the Ronellen fitch home.
Weekly schedule from CKY Winnipeg shows a mix of serials, movies, and sports from July 20 to July 26 1980. Notable entries include The Awakening Land The Waltons Dukes of Hazzard Emergency Holocaust II Yogi Bear and Wide World of Sports. Also listed are several Superflicks and CKY News programs.
A week of CBC Winnipeg channel 8 schedule details including Saturday July 19 lineup with shows such as This is the Life Flipper You Can Do It Sportsweekend Wild Kingdom CBC Evening News Bless Me Father A New Kind of Family Return of the Saint NAC Opera Sesame Street Muppet Show Happy Days The Beachcombers MASH The White Shadow CBS Football Major League Baseball This Week in Baseball Summerside Reach for the Top Mork and Mindy Barney Miller King of Kensington This Week in Baseball Dallas plus late news and regional programs
Alice Olive Kines died June 24 1980 at Princess Elizabeth Hospital Winnipeg age 69 wife of John B Kines. Born Feb 17 1911 Port Arthur Ontario daughter of Martin Solstad The Pas Man. Survived by Helen and Peter Oliynyk Kathy Kines Harold Solstad and Marie. Funeral June 27 Thomson Funeral Chapels Winnipeg burial Chapel Lawn Memorial Gardens. Donations to Canadian Cancer Society Manitoba Division.
Agnes Mary Taylor aged 85 of 89-116 Whitmore Ave Dauphin died Saturday July 5 1980 at Dauphin General Hospital. Born Agnes Mary Ward in Rolla City North Dakota she moved to Pine River Manitoba at age ten and later to Dauphin in 1926. She married George William Taylor in 1918 and was a senior Salvation Army member for 56 years with Home League ties. Surviving are her husband Bill and other family.
The obituary notes Mrs. Taylor of Dauphin dies leaving a daughter and four sons including George in Winnipeg and Ray in Dauphin. She had a sister in Roblin and many grandchildren. Funeral held July 8, 1980 at the Dauphin Salvation Army Citadel with interment at Riverside Cemetery.
Rain gauge readings show 3/10 inch on Friday July 11 and Sunday July 13, plus 1/5 inch by 9:00 a.m. Monday. Sky overcast with rainfall varying across the area. Gardens recover from drought and frost, yielding lettuce radishes onions and new potatoes with peas beans cucumbers and squash soon to follow.
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