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Art Plus Advertising Sylvia Ho designs and produces
promotional material for new and existing businesses. Her business, Art Plus
Advertising, opened in March of 1987 and sales after nine months of operation
exceeded $65,000. Opening this business allowed Sylvia to fulfill a childhood
dream. "What I am doing now is what I always wanted to do when I was young."
Born in Malaysia, Sylvia studied commercial art in Singapore and later in
Halifax, Nova Scotia. She made her decision to open her own business after she
became frustrated with her job as a graphic artist for a local firm, which she
took after coming to Cape Breton in 1981. Her inability to secure employment
elsewhere on the island and her desire to remain close to family and friends
left entrepreneurship as her only alternative. The
majority of financing came from government agencies such as Enterprise Cape
Breton, the Nova Scotia Department of Small Business Development and a
commercial bank loan. Securing money from the bank was the biggest problem she
encountered during start-up but she indicates that support from government
agencies gave credibility to her business plan and helped her convince the bank
manager her proposal was viable. Presently, Sylvia operates her business in her
home and while this has been advantageous financially, it leaves her personal
life too interconnected with her business. Sylvia
attributes her success to competency, dedication and a strong financial base.
She feels that gender is not an issue to consider when judging business
success. Her biggest challenge in the future is to gain credibility with the
business community. The local people have the attitude that they are getting a
better product if they go outside the island. Cape Bretoners must help Cape
Bretoners, they have to buy Cape Breton products and services."
Pages Downtown Bookstore Mary Kay Mcleod holds a
Ph.D. in economic history and works full time as assistant director of the
Beaton Institute at the university in Sydney, Cape Breton. As an avid reader
who was frustrated that she and others like her had to travel to other parts of
the country to obtain quality books, she decided to open a bookstore herself.
"Why not? I had organized many community historical and heritage societies, and
I have been involved with books all my life." Although there was nothing in her
formal training to prepare her for the experience of small business ownership,
Mary Kay felt she could make her idea a reality. Throughout her career she had
developed an ability to work well with others and she was confident she could
apply that skill to another occupation. On March 24, 1987, Pages Downtown
Bookstore opened its doors. Mary Kay distinguishes her business from chain
stores presently operating in the area by carrying a unique line of books
beyond the standard best sellers, and by offering a special order service that
is well-used. Pages also sponsors guest appearances by well known
authors. Access to financing was the biggest
obstacle Mary Kay faced during start-up; she had difficulty getting funding
from the bank and at one point a major source withdrew funding. Looking back
she offers these words of wisdom, "You need a good lawyer and a sound friend
with a sharp mind. If your banker is your friend it helps in maintaining your
relationship." The business experienced operational difficulties in the first
year when a flood destroyed much of the inventory, but despite the unwelcome
water Pages Downtown Book- store managed to stay afloat. Sales that year were
approximately $120,000, $20,000 above projected figures.
Being a woman in business has not presented
any insurmountable difficulty to Mary Kay. She feels she was already well known
in the community and that being a woman in business has provided her with
additional prestige. Her ambition is to see every inch of her store filled with
books, and the sense of accomplishment is likely to keep her going. "I'm not
ashamed to say it get a great feeling of pride some days about what I do."
While the case studies reported above would
suggest that these women are well on their way to becoming successful business
owners, this success is contingent on a continued positive attitude toward
developing the island's economy. Clearly, however, the stories illustrate that
these women and many others like them can collectively make a positive impact
on the community's economic growth and are in the limelight of a new emerging
optimism.
Jody Ann Manley has been with the department of
Business Administration at the University of Cape Breton for five years. She
has a Masters in industrial Relations from Queen University and a Masters in
Business Administration from Dalhousie
Cheryl Carver worked as a research assistant with Jody
Ann for the summer of 1988 studying women business owners in Cape Breton, and
is a recent graduate of the Business Administration program.
1. Lavoie, Dina. Women Entrepreneurs: Building a Stronger
Canadian Economy. The Canadian Advisory Council on the Status of Women,
February 1988. |