I FINANCE I

J.C.C.—
The J.C.C.

the place to be!

For information call 661-1000, ext. 265.

7Z
-

VIDEO TAPING SERVICE

FOR YOUR WEDDING
AND BAR MITZVAH PARTIES
' Full color sound with Stereo Audio
' Completely Edited and Titled
• Broadcast Quality Recording

AUDREY' LORBER & ASSOCIATES

557-4010

■

Do you 'live' to Eat?

ARNOLD MICHLIN

IF FOOD CONTROLS YOU...IT'S TIME TO TAKE CONTROL!

• Individualized Dietary Program Designed to Fit Your Needs
• Individualized Weekly Counseling

TAKE CONTROL OF YOURSELF NOW,
CALL FOR YOUR FREE CONSULTATION

647-5540

DEA FARRAH, MSW, ACSW
HEALTHY OPTIONS,
Weight Control Therapist
"You Alone Can Do It . . . But Ybu Can't Do It Alone"

INC.

BINGHAM CENTER • 30800 TELEGRAPH • SUITE 2960 • BIRMINGHAM, MI 48010

1987 810 BLAZER

STOCK NO. T4748

$*7C145*

PAYMENT NMI

11111

PER MO.

*Lease pymt. based on approved credit on 48 mos. closed end, 72,000 total mileage w/6C
per mile extra charge. To get total amt. multiply pymt. times 48. Subject to 4% use tax, 1st
mo. in advance sec. dep. equal to 1st mo. pymt, plate cost extra.

42355 GRAND RIVER

Just East of Novi Rd., Novi

12 OAKS MALI

I-6116

e. . .

11111111111.,',
Ilm.
......"

V

.

8

HOURS
Mon. & Thu.
'til 9
Tu., Wed., Fri.
'til 6

76

FRIDAY, AUG, 7, 1987

R

IIII

E

Starting A Business?
Here Are Some Tips

I

f you have already de-
cided that you are going
ahead on starting your
own business — that you are
determined to be your own
boss — then we can explore all
the dos and don'ts that can
make the difference between
it being fun or a horrible
chore.
When we were kids we
could sell lemonade, peanuts
or magazines door to door;
shovel snow or cut lawns, put
the money in our pocket or
run to spend it, with no con-
cern about licenses, taxes,
overhead, rent, employees.
Some businesses actually
grew from these "kids jobs" to
permanent successful
businesses. So can your
brain-child.
The rewards of being in
your own business are
unlimited. Saying "Yes, sir"
to a customer is different
than saying the same words
to a little Napoleon who gets
his kicks giving underlings a
hard time. You'll probably
work harder for yourself
voluntarily, than for a boss in-
voluntarily. Job security is
now up to you, not the whim
of some personnel manager.
But, you should be prepared
to take on the responsibilities
that go with being your own
boss. No longer can you refer
something to the shipping or
bookkeeping department. You
may be both until your
business grows to where you
can afford employees. Or you
may have to start out with a
set of employees to do your
business properly.
Not all of us can do book-
keeping but we can have a
full or part time bookkeeper,
or a service, even a computer
service bureau to handle all
invoicing, posting, inventory
control, etc. Your bank pro-
bably will be delighted to
handle your payroll, in-
cluding figuring deductions,
preparing reports and more
for a very modest fee.
There are sophisticated
telephone answering
machines so you don't have to
tie an employee down to the
phone. An answering service
near you may be willing to do
more things than you realize.
Stenographic services are
available, delighted to do your

Arnold Michlin is a financial
planner and registered
representative with Korn,
Womack, Stern and Associates.

letters and all other mailing
chores. Many of them have
word processors that seem
like real magic. Sales may be
handled by a manufacturers
rep. Actual manufacturing
can be "farmed out" to "job
shops" available in almost
every field of metals, plastics,
electronics. The Yellow Pages
are full of listings. Do your
"sifting" by phone, but do
your final selection and final
deals in person and in
writing.
Don't wait till you're in
trouble to contact an attorney
or accountant. Here again,
through personal references
or the bar association, find an
attorney and accountant who
are sympathetic. Spend a few
hours, his or her advice and
warnings can save you time,
money and problems that can
be avoided.

There is a wealth of infor-
mation available from state
and local organizations. The
Michigan Department of
Commerce publishes a must-
have booklet, Guide to Star-
ting a Business in Michigan —
1-85. It's available from the
Department of Commerce,
Lansing, Mich. We're also
very fortunate to have an om-
budsman available. He or she
will do so very much to help,
just call 1-800-232-2727. State
Commerce Director Doug
Ross has done everything
possible to assist the forma-
tion of new businesses here in
Michigan. You will be helped
through the maze of decisions
regarding copyrights, patents,
trade marks, registration,
assumed names, incor-
porating, certificates, single
business tax, licenses and
permits. There is a Directory
of Useful Contacts and a
Reference Guide with names
and telephone numbers that
will save you many hours of
searching.
Money and finance must be
an important part of your
planning. Go to the local
library, there you will find
many books and booklets that
can help clarify these other-
wise complicated areas. One
publication by the federal
government is entitled
Business Basics — Understan-
ding Money Sources -1003.
Check the "small business"
file. See your banker, for his
input and his commitment
beforehand.
Franchising has become the
easy way to get into business.
It may seem expensive, but
your odds of "making it" in-
crease dramatically. They