How To Grow Your Micro-Business
Author: J. Stephen Pope
If you want to grow your micro-business (defined as a business with fewer than five employees), you might consider some of the findings of a survey by Statistics Canada.
1. The Findings
According to "Growth Determinants of Micro-Businesses in Canada" (Evangelia Papadaki and Bassima Chami, Small Business Policy Branch, Industry Canada), the survey by Statistics Canada revealed the following:
Micro-businesses get much of their advice from family, friends, customers and suppliers. Accountants are more commonly consulted for business advice than lawyers and bankers.
Completion of high school was cited as a factor for growth in the micro-business. Perhaps surprisingly, college or university ed...
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