BUS 201 Chapter 4: Bus201 Chapter 4.doc
Document Summary
Measures of a small business: the number of people, the business employs, the company"s sales revenue, the size of the investment required, or the type of ownership structure the business has. Industry canada is the main federal government agency responsible for small business. The government relies on two distance information for canadian small business statistics : the. Business register (tracks businesses) and the labour force survey (which tracks individuals) To be included in the register : at least one paid employee, annual sales rev. Goodsproducing business in the register is considered small if it has fewer than 100 employees. Serviceproducing business is considered small if it has fewer than 50 employees. Labour force survey uses information from individuals to make estimates of employment and incorporated unemployment rate. Industry canada reports that there are 2. 3 million business establishments in canada and about. An unincorporated business operated by a self-employed person would not be counted among the.