Tag Archives: small business

Economic Outlook – Small Business will reclaim the drivers seat behind the recovery

Economic Outlook

Small and medium sized enterprises (SMEs) are an integral part of the Canadian economy. SMEs – classified as businesses that employ fewer than 500 people – make up more than 99% of all business establishments in Canada and are responsible for just under half of total employment. But, this understates their importance as an economic driver. Coming out of the last three recessions, 85% of the net job creation in the first two years of recovery took place in SMEs.

The Great Recession, however, was particularly damaging for small businesses across  Canada due to their high presence in a number of heavily battered indus­tries and greater reliance on real estate as collateral. The recovery, thus far, has generally favoured larger sized firms through an improved ability to directly tap into capital markets and a strong manufacturing rebound – both of which are overly represented by large-sized firms. However, the tide will turn. The shape of this recovery will increasingly

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Pay Cash for equipment vs Lease: What you need to know

When does it make more sense to buy computers? When does it make more sense to lease? Assured Lease talked to two fast-growing small businesses, one that made the buy decision, one that decided to lease, to find out. We also spoke with executives at several large vendors to find out the latest trends and to get their take on buying versus leasing.

When your business is all about cutting-edge technology, buying can make good sense
Founded in 2000, with the current ownership taking over mid-2002 Small Business Television Network, or SBTV, is the first television network on the Web devoted to the small business market. The free service is available 24/7 on the Internet. Because of the high-tech nature of the business, having the latest technology is critical.

As the company’s Chief Operating Officer, Michael Kelley, explains, “Before we went and purchased anything, we developed a business plan with a three-year outlook on what we thought we needed for the business. During the planning

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