Earlier this week, the Business Development Bank of Canada (BDC) revealed an infographic on how small business is big business in Canada.
The infographic celebrates BDC Small Business Week from October 20 to 26 and shares some powerful statistics for small business owners: for example, more than 98% of business have fewer than 100 employees, immigrants are nearly twice as likely to start a business, and one third of small businesses in Canada are led by women.
The infographic also identified three potential areas for future growth:
- Invest in technology – only 60% of small businesses plan to invest in technology but when they do, more than 80% see a positive return on their investment.
- Develop a solid online presence – currently only 18% of our businesses are selling online, but 80% of Canadians research online before they buy.
- Expand through exporting – 86% of exporting companies are small businesses with less than 100 employees.
Click on this link http://www.bdc.ca/EN/small_business_week/Pages/small_business_big_in_canada.html to learn more about “how small business is big business in Canada” and share your thoughts on this infographic.
This infograph was brought to you by the Business Development Bank of Canada (BDC). For additional smallbiz tips and advice, visit bdc.ca or follow BDC on Facebook and Twitter.