Call 604-984-6701                                   ~ May 2005, Published Monthly by Bailey Capital Fund

 

 

Testimonials

"Your service has been excellent and responsive in all ways. Thru creative use of e-mail, telephone, facsimile and other forms you make communication easy.

You network excellently with your colleagues and co-workers to get things done and I have found your advice sound.

You have provided great assistance and service for all my leasing needs to this point and I look forward to your handling all those needs in the future."

Dr. Tom Honey
Director and President
Garibaldi Veterinary Hospital

 
 

 

 

 

  

~ May 2005 Edition, Volume 1

 

  • Account & Finance

My research poll showed that most business people want to know about Budgeting.  Check out Bailey Capitals’ CASH/LOAN/LEASE calculator his terrific new finance toy goes a long way to show you where your money is spent when acquiring business equipment (depreciating assets). 

Long time networking colleague Brian Carroll of

www.counterpointinteriors.com wants to see a piece about budgeting in each issue; Brian Marjoribanks of www.perspectus.ca had suggested going to the government website www.strategis.gc.ca  for industry margins and related information, for example. Great advice Brian, Thank you.

 

 


 

I will be reporting on different advice tips, including budgeting, in every issue from the desks of my own accounting professionals for the past 11 years, Rick Bennett and Bharti Patel of www.taxmaniacs.com as well as others.

 


 

If you need a quick proforma or financial statements for a financing application, contact Andy Zhu CA CPA MBA

www.members.shaw.ca/unicas .  They also do year end, tax planning, book keeping and other accounting and tax supports.

 


 

Russ Nichol CA of www.devissergray.com gives all his clients advice on budgeting and how to keep more of their own money; Ken Lagasse CA of www.taxaid.ca  will be offering advice in the area of obtaining retroactive tax refunds for those with disabilities and their caregivers.

 

 


 

If you want your company to play like the bigger companies, but you want to control your management expenses, Mark Holland of CPO Accounting (www.cpoaccounting.com) provides part-time controllerships to companies who haven’t yet graduated to a full-time controller.

 


 

From time to time I will be reporting from other industry related groups on what different or insightful information they have to impart.   

 

Second in demand for more information were the topics of financing and full disclosure about finance contracts for different types of financing.  In upcoming issues I will be covering a broad range of finance related topics from research with representatives at the Big 5 banks and Credit Unions to industry leaders, pension fund managers, some Business in Vancouver www.biv.com  magazine articles and not to forget the sublimely simplistic advice from my favourite mentors: the seasoned and skillful developer of our very own Robson Street, Norman Tam of Tangram Developments ntam@telus.net  and the brilliant, former Senior VP for numerous KMPG offices across Canada and project coordinator of the Maple Ridge town center, Michael Hines http://www.ehscapitalpartners.com/main-contact.htm .

 


 

Serial entrepreneur George Moen http://magnoliabitronglobal.biz tells me that his research time is spent reading such present day greats as Richard Russell http://www.investmentrarities.com/thebestofrr.html

 


 

Donna Willon’s www.focusednetworking.com  will be bringing us the brand new Global Focused Networking forums (website to be announced) that will be held bi-monthly.  Check into upcoming issues of this newsletter on how very real Global Issues from around the world will affect your industry here at home.

 

 


 

I will be offering very easy to follow advice on ‘how to’ get finance approval every time! And imparting the secrets to what the Banks really want to see and why.  Ask me more on financing. 

 

Some of those polled want information regarding how to ‘get out’ of the business once it was time for them to sell or, gasp!, retire.  People want to clone themselves, they want to streamline, increase profits and Good Will and eventually sell.  And why not?  There is Kilimanjaro to climb, right Ross Nichol!  Or a Margarita to sip isn’t that so, Micheal Hines? 

 

 


 

Maurice Goulet mgoulet@shaw.ca will help you to secure IRAP or SRED Government Grants to provide you with the financing to get that great new business idea off the ground whether you are start up or have been around in business for years and have thought of a terrific and better way through technology, to do business.

 


 

To raise private funds or even to prepare to go public, John McDonald of Rampworth www.rampworth.com helps companies prepare for upcoming capital events such as debt, private share issues, VC funding, succession etc.


© 2006 The Bailey Capital Fund News Letter

  - Copyright © Bailey Capital Fund

 1012 Shavington Street, North Vancouver B.C V7K 1K8 Canada

 Tel: 604-984-6701   Fax: 604-984-6745   info@baileycapitalfund.com
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