The Importance of Small Businesses

small business saturday, the importance of shopping local, go local, buy local, support small businesses, why support small businesses, Saturday, October 20th 2012, Canada celebrates entrepreneurs and small business with the first Canada’s Small Business Saturday, an initiative by the CFIB (Canadian Federation of Independent Business) and Interac.

Why is important to ‘fish in our own pond’?

Doesn’t our livelihood come from our own community?

Why would we take our local earnings and go across a border to give it to another community?

Does that mean it’s OK for our local employees to go across a border to replace us with cheaper  workers?

Small businesses are the backbone of the national economy. Local small businesses are the backbone of our local economy, not to mention the environmental benefits of shopping local (less natural resources used in transportation for example).

Interesting small business facts:

Small businesses are responsible for 42% of Canada’s private sector GDP

Approximately 5 million Canadians are employed by small businesses, which is 48% of Canada’s private sector labour force

Between 2001-2010 over 47% of new jobs were created by small businesses in Canada.[1]

This US based infographic  demonstrates the importance of shopping locally with small businesses.

Canadian small businesses can still register their businesses to participate in Small Business Saturday, and area consumers can easily search locally to find participating businesses.

Many participating businesses are offering great incentives this Saturday to encourage small business success  – and we are too! Small Business Saturday only we’re adding 2 hours of telephone consultations with the purchase of our Activities Management Self Study Program. We feel that offering an hour of coaching to help with the implementation of the Program, and an additional hour of follow-up consultation is tremendous value.

In the meantime, if you have any questions, please drop me an email

Author: Paul Foster
Paul's life’s purpose is to bring more cash, freedom and happiness to independent business owners. Paul wants to learn about your toughest business challenges and frustrations so he can help you tackle them.

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