If you want your micro-enterprises (defined as companies with less than five employees) to grow, could some of the results of a survey conducted by Statistics Canada.
1. Results
Under the causes of growth of micro-enterprises in Canada” (Evangelia Papadaki and Chami Bassima, Small Business Policy Branch, Industry Canada), led to a survey conducted by Statistics Canada as follow:
Micro-enterprises receive most of their advice from family, friends, customers and suppliers. Accountants are often asked for advice from business lawyers and bankers.
Completion of high school was cited as a factor for the growth of micro-enterprises. It may surprise you, the college or university education was discarded as a factor for success.
Age or gender of the entrepreneur has no effect on growth. It was also an immigrant to be a significant factor.
Delegate to the growth of a willingness to take risks and to participate in the capital seemed all the factors of success are.
The expansion of the local market was important for the growth the export market for micro-enterprises.
Growth of micro-enterprise and innovation in electronic commerce activities.
2. Chances
This is encouraging news for entrepreneurs. You don `t necessarily a lot of money for professional advisors to grow their micro businesses. Higher education is not a prerequisite for success. Age, sex or national origin is not relevant factors to the growth of your small business.
If you’re growing small business is your goal, you can not do everything alone. You must be willing to delegate (or maybe even a stake in your company to others). Innovation, the willingness to take risks and use of the Internet is also important for its growth.
If you are willing to delegate, to take risks and partner with others? Are you innovative? Employ e-commerce in your business? If you expand your business on the Internet?
If you can answer yes to this question, then your small business is growing.
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