This Is a Fine Time to Start a Small Business
Nearly three-quarters (74%) of respondents to the Staples Canada national small business quarterly survey said their business had held steady in the past three months, up from 64% of respondents in the March survey. Thirty-nine per cent said business had improved compared with the previous quarter; 26% reported a decline.Canadian small businesses are also showing increased confidence for the near future. Over two-thirds (70 per cent) expect at least some improvement to their business over the next six months (compared to 58 per cent in March 2009), and the number expecting a decline has dropped from 17 per cent to 6 per cent.
In short, Canadian small business people have been more successful than they expected to be during the last quarter, and are optimistic about the future.
So if you’re thinking of starting a small business, this is a fine time to do it.
Starting a Small Business Help
If you already have a business idea, my how to write a business plan series will lead you through the process.
If you are looking for a business idea, there’s a whole section of business idea articles for you to browse through.
It’s a good idea to narrow your business idea choices first. What Type of Business Should You Start? will help you decide exactly what you want to do.
And when you’re ready, use The Steps to Starting a Business to guide your start up process – or if you prefer, sign up for my free Starting a Small Business in Canada ecourse. It’s free and will see one lesson a week delivered to your inbox for ten weeks.
Image (c) Jason Florio / Getty Images
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