Small business blog posts we liked this week

Small Business Founding Team

From selling to promoting, here are some small business articles and blog posts we’ve enjoyed lately. We hope you like them too!

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New survey reveals the most annoying phrases used in business emails

Recently, Perkbox Insights conducted a survey to find out what phrases people liked to see in email communication, and which ones rankled. Why does this matter? Well, 73% of respondents said that email was their business communication method of choice!

According to the survey, “Hi” and “Kind regards” are the best ways to start and end an email, while “Hey” and “Best” were among the worst. And weighing in on the ever-present exclamation mark conundrum, 48% think one is okay, while 16% think they should never be used in a work-related email.

Find out some of our own tips about writing great business-related emails, and read the full findings of the email survey here! What do you think of the results?

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7 statistics about Canadian small businesses

small business statistics canada

Now that it’s a new year – and a new decade – we wanted to take stock of the state of small business in Canada. Here are seven recent statistics about Canadian small businesses.

  • Of the employer businesses in Canada, 1.18 million (97.9%) were small businesses, with 1-99 employees.
  • Ontario had the highest number of small businesses at 429,852, followed by Quebec (243,029) and British Columbia (184,075).
  • Nearly three out of four Canadian businesses have 1−9 employees.
  • The majority of private sector employees are employed by small businesses: 69.9%.
  • From 2011 to 2015, small businesses contributed 40.8% to Canada’s GDP.
  • In 2017, women-owned businesses (at least 51% of shares owned by women) made up 15.6% of Canada’s small and medium enterprises (SMEs).
  • Canada is one of five countries in which women entrepreneurs reported high levels of innovation.
Source:
Industry Canada. (November 2019). Key Small Business Statistics.
Statistics Canada. (April 2019). Key Small Business Statistics.
Global Entrepreneurship Monitor. GEM 2018 / 2019 Women’s Entrepreneurship Report.
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Entrepreneurial inspiration from Julia Hartz

At GoForth, we know that many entrepreneurs take a few tries to find a small business idea that sticks – nearly half of all small businesses opened in Canada each year don’t make it to their fifth birthday.

However, that doesn’t mean that failure is necessarily a bad thing. Failure in some form is experienced by all entrepreneurs at some point. It may be a fairly minor setback, or it may be a more major situation.

To give you the best odds of success, we offer Canada’s most well-rounded small business skills training. We’ll show you how to identify small business risks, and give you all the tools you’ll need to be as informed and prepared as possible.

So don’t fear those (calculated) risks, and take a moment to think about your entrepreneurship journey and give yourself a pat on the back for all you’ve accomplished!

To hear more about Julia Hartz’s story, read her interview at Entrepreneur.

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