MGTA01H3 Chapter : MGTA03 Ch 3

• School: UTSC
• Department: Management (MGT)
• Course: MGTA01H3
• Professor: Chris Bovaird

Document Summary

In reporting cdn small business statistics, the gov t relies on 2 distinct sources of info, both provided by statistics canada: the business register (which tracks business) and the labour. > a goods-producing business in the register is considered small if it has fewer than 100 employees while a service-producing business is small if it has fewer than 50. > to be included in the register, a business must have @ least 1 paid employee, annual sales revenues of 000+, or be incorporated. > industry canada reports that there are 2. 2 million business establishments and 2. 5 million ppl who are self-employed. >> however, an unincorporated businesses operated by a self-employed person w/ no employees would not be included in statistics canada s business register. > small business, an owner-managed business w/ less than 100 employees. New venture/firm, a recently formed commercial organization that provides goods and/or services for sale.