Everyone loves to support “Small Business.” All the political parties say they want to help Small Business. But what does that phrase actually mean?
The Retail Council of Canada has revealed some interesting facts about Small Business. Here are a few:
- “When Canadians think about small businesses, they should think retail,” said Diane J. Brisebois, president and CEO of Retail Council of Canada. “Independent retailers are one of the largest blocks of small businesses in the nation. When independent retailers thrive, the nation thrives.”
- 91 per cent of retailers surveyed give back in some way to their communities. In a 12 month period, 84 per cent of retailers surveyed said they gave between $1,000 and $10,000 to their communities. Twelve per cent gave more than $10,000 in a year.
- 71 per cent of independent retailers in Canada operate as a family business, some representing decades of work and generations of families.
- Independent retailers are the forefront of local commerce. With retail as Canada’s largest employer, independent retailers provide jobs for hundreds of thousands of Canadians, and behind the storefront, independent retailers generate employment for local accountants, realtors, security professionals, marketers, technologists and others who support the sector
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