"Small business" is a misleading concept. It's only small until you start crunching the numbers.
And it gets even bigger when you consider the impact that small businesses have on our communities. B.C. is a hotbed for small business - defined as businesses that employ 50 people or fewer - with more per capita than anywhere else in Canada.
We have just about 85 small businesses per 1,000 people, just ahead of second-ranked Saskatchewan (82 per 1,000), and significantly ahead of thirdranked Alberta (75 per 1,000).
B.C.'s 385,100 small businesses represent 98 per cent of all businesses in the province. And while more than four out of five small businesses in B.C. can be classified further as "micro-businesses," employing five or less people (or in many cases, consisting of selfemployed individuals) they generate more than a quarter of the province's gross domestic product.
If those numbers don't impress, how about these: B.C.'s small businesses shipped $16.9 billion worth of goods internationally in 2010 - more than half of the total value of goods exported from the province that year.
More important, however, is the role that small businesses play in the community, not only as employers and revenue generators - and let's not forget, as taxpayers - but as friends and neighbours, supporters, and organizers of local events and festivities, members of PACs and service clubs, sponsors of kids' sports and the arts, and generally, people we go to when we need goods or services from someone we can trust.
This week is small business week.
Help celebrate the role that your neighbours play in making Maple Ridge and Pitt Meadows great communities in which to live, work, and play.
@ Copyright 2013