The Rural Voice, 1986-08, Page 27BEST RATE
10¼°7o
GIC
(as of July 29, 1986)
INVESTMENTS
FINANCIAL CENTRE;
519-524-2639 1-800-265-5503
122 The Square Goderich
VALmETAL
TUMBLER
MIXER
Simple, rugged
construction and
efficient operation
assures years of
service preparing high
quality livestock feed
at lower cost.
Why pay exchange,
Buy Canadian
MOOREFIELD
EQUIPMENT LTD.
in Teviotdale
519-343-2122
NEWS
management fees for services pro-
vided by the franchisor, based on a
percentage of gross sales.
When it comes to credit, the
franchisee would still be responsi-
ble for their own operating loans,
but Lemmon says the franchisor
could set up the best possible
capital arrangements.
"Lenders will base their loan
limit decisions on the management
ability of the operator and the
financial strength of the franchis-
ing company. Asset base lending
will disappear. Lenders will have
comfort in that the franchisor will
not let the individual operator
fail," Lemmon adds.
Since franchising is already a
proven system in industries from
fast food to accounting, Lemmon
is confident that it's also the
answer to preserving the family
farm. Before farm franchising can
work, however, he says certain at-
titudes, towards independence and
private ownership, must change.
To begin with, Lemmon notes,
farm survival now depends on a
number of other people, including
bankers, suppliers and consumers.
Also, "the farmer shouldn't feel
he has some sort of God-given
right to be in the farm business. No
more than the manufacturer who
owns his own land and plant has
the right to remain in business."
Pointing to the situation south
of the border, Lemmon notes that
large corporate farms are already
becoming common in the U.S.
Franchising, Lemmon says, not
only offers a workable solution to
the current economic squeeze fac-
ing farmers, but also provides a
means of preserving the family
farm while letting younger farmers
come into the industry.EAG
WASPS CONTROL
LEAFMINER
In 1985, the Bruce County
OMAF participated in a project
with Agriculture Canada to release
parasitic wasps to help control the
alfalfa blotch leafminer. The
wasps were released at Ripley,
Dobbinton, Holland Centre,
Ayton, and Shelburne, to cover the
three county area. This year they
have been checked and appear to
be spreading. Their benefit should
be noticed in two to three years.
They spread at a rate of 60
km/year.
Joan McKinlay,
Soil & Crop Specialist.
BUY NOW
NO MONEY DOWN
NO PAYMENTS
NO INTEREST
Until Jan. 1987
On ALL
Furniture and
Appliances
For a limited time only
0 .\.c
Save on Home
Furnishings at
ZILLIAX
FURNITURE & APPLIANCES
LISTOWEL GODERICH PORT ELGIN
291-1461 524-4334 832-2787
USED TRACTORS
9% financing for 36 months
Ford TW 10 w cab, air .. $21,000
Ford 9600 w cab $10,000
White 2.85 w cab,
1900 hrs $14,500
MF 285 $ 8,500
MF 255 $ 8,500
MF 165 8 speed $ 5,500
MF 30B industrial,
hyd. shuttle shift .... $ 9,500
Case 970 w cab,
power shift $ 9,500
GOOD DEALS ON ALL
FORD TRACTORS
Tractors
Equipment
REAVIE FARM
EQUIPMENT LTD.
LUCKNOW 519-529-7995
AUGUST 1986 25