COMMERCE 1B03 Chapter Notes -Anita Roddick, Small Business, Business Plan
22 Apr 2014
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Immigrants: hard to find jobs (lack education, weak english, no canadian. 50,000 self-employed in 2011 (third of all self-emp. Reasons for this emergence: financial need: avg. real incomes of canadian employees dropped in last decade. > post it notes developed by guy working at 3m (he wanted to mark pages without damage or falling from book) Their mission - improve start-up, survival, and growth rates of small/medium enterprises. Incubators: centres that provide hands-on management assistance, education, Offer new business low-cost offices with basic services. 1400 in north america (120 in canada) and 7000 worldwide: gov"t can also offer investment tax credits that give tax breaks to businesses that make the kind of investments that create jobs. Getting started in small business: demand capital, good ideas, planning, budgets, accounting, marketing, good employee relations Small (<50 employees), medium (50 to 499), large (>500) Many ways to get into your first business venture:
