In today’s class we had to look at two websites that had information about different topics that we need for our business. Below is some information about some of the topics:


Registering your business name: This is when you have to register the name that you have chosen for your business. First off all, if your business name is YOUR actual name then you don’t have to register it however if it is a name other then your actual name it must be registered. In order to accomplish this you must first check to see if the name you want is already taken. If it IS already taken then you cannot use it. In order to check if your business name is taken or not you have to pay $12. To resister a business name through Ontario Business Connects, the fee you must pay is $60 but if you are registering it through mail then the fee goes sup to $80.The second thing that you should know is that your business name will expire after 5 years.


Taxes: You have to pay taxes to both the provincial and federal government. This money is based on how much profit you make minus the amount of your expenses. The expenses would be things such as office rent and maintenance, mortgage, delivery, leased equipment, professional fees, freight and transportation expenses, interest and property taxes on property you own and use in your business, utilities, insurance premiums, and many MANY more.


Business records: This just means that you have to keep a book of records for six years after you have done your taxes. Your accountant can do that for you.


Licenses: Means that you just need to get a license for the location of your business, etc. This can be done from the federal, provincial or municipal government.


Insurance: There are different types of insurance that you can get such as, property insurance, business interruption insurance, general liability insurance, key person insurance, disability insurance, errors and omissions insurance.


Renting or buying: This would be something to consider if your business isn’t home-based. To figure out whether your renting or buying premises, the things you look at are things like space, security, parking, the amount of money you're willing to pay, etc. If you buy a place then you need a real estate agent, however if you decide you only need to rent it then you sign a lease with the owner of the place.


Business communications: You have to have ways to be able to contact your consumers. Therefore you would probably require things such as computers/laptops, types of software, telephone, cell phone, etc.


Hiring employees: Obviously in order for a business to function it must have people working it. When you start to hire employees the things that you need take in consideration are:
Paying them regularly
training them
maintaining the records of your employees,
how much your wiling to pay them
pregnancy and parental leave, etc.

We didn't have computers today however I'm just making a blog saying that even though we didn't have computers we had to check if our five companies have either gained or lost money.

Today Mr.Case taught us about Microsoft Publisher. It is one of the programs that are available in Microsoft Office. It is used to create many things such as brochures, newsletters, flyer's, etc and it also has templates. However it is best if you make your OWN template because it will be boring for the audience to the see them same template over and over again.



Based on what we just learned we have to create either a flayer, brochure or a newsletter for on of the grad 9 courses in Woodbine. I wonder what i will do it about...

Today there are people on the Quebec trip. We had to check if the prices of our shares went up or down and see if we either loosed or gained money. Then when we were done that we had to work on our ad about one of the subjects. These few days until Thursday (the day we don't have computers because its day 4) we will be doing the same thing because the Quebec trip people are not here and so we are not doing anything new. So, this means that this is my last post until Monday comes. Byeeee cya soon^-^

Today we didn't do anything new. We are supposed to complete the chart of the 5 companies that we picked out before. So ya, I can see that this post is pretty short however, there really isn't any new information that needs to be talked about. Okay, so bye for now^-^

Today we got a new project. It is about shares that you can obtain from companies. This meaning that in that company there are shares in which they are sometimes sold and bought. The reason people sell their shares in companies is, if they see that they are losing money or the value is starting to drop, then they may sell it so that they don't loose money. However, people buy shares when they see that the amount of change they would make is starting to increase and they would get more Money.

Now you may think...well why would people buy shares if they know that maybe the only reason people are selling it is because the amount of change is dropping? Well, sometimes by looking at the rate of increase and decrease of the company's "last trade" price you can kind of predict how well it will do. Therefore if it seems that the money the company makes may be increasing then people might take the CHANCE and buy it. Also people would look at who's selling it and who's buying it because for example if a major, well-known, company is buying it then that probably means that it's a good share to buy. However there is no absolute way of knowing when to buy it's share and when not for in the end it is kind of like, actually a lot like, betting; all a game of chance.

Therefore based on that explanation our project was to further understand this by pretending that we have 100 000$ that we need to spend on 5 companies. We are to choose those 5 companies based on looking at its rate of decrease and increase in the amount of money, the amount of money its share is, who's selling it, who's actually buying it, and trying to predict if this is the one we should buy a share form.

This project will go on for 6 weeks therefore we need to check the difference of the change every Tuesday and Friday. After the 6 weeks are done we are to give a presentation explaining which companies we choose, why we choose them, how well they did (did we loose money/gain money?), etc.

Well right now we are not really doing anything that's required to be noted down in this blog.

Well not much to say for this post...except that we have a HTML test tomorrow. That should go well....HTML isn't that hard.