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Chapter 1
The Role of Small Business and
Entrepreneurship in Canada
 CHAPTER OBJECTIVES
þ 1. Discuss the evidence of the level of interest & activity in
the small business sector.

þ 2. Review common methods of defining small business &

explain why a definition is important.

þ 3. Understand the current extent of entrepreneurship &

small business in Canada.

þ 4. Discuss the positive benefits a healthy small business

sector can offer to society.

þ 5. Explain the probable future environment for

entrepreneurship & the small business community.

 

 


þ [[[[[[[[[[ in the number of

business establishments
þ [[[[[[[[[[ in the number of
employees of small business
þ [[[[[[[[[[ in government interest
and programs

 


þ ›ncreases in the number of small

business related [[[[[[[[[[ at
colleges and universities
þ ›ncrease in [[[[[[[[[[ activities in
large businesses
þ ›ncreases in [[[[[[[[[[ power of
small businesses
þ ›mprovement in the [[[[[[[[[[ of
small businesses
r | 

þ Comparison and [[[[[[[[[[

þ overnment Programs
þ Lending Programs
Number of [[[[[[[[[[
Total [[[[[[[[[[
Profits
Management- [[[[[[[[[[ Structure
| | 
  

þ [[[[[[[[[[ Entrepreneurs
þ Female Entrepreneurs
þ [[[[[[[[[[ Entrepreneurs
þ Entrepreneurial Activity by ›ndustry
þ Entrepreneurial Activity by [[[[[[


þ [[[[[[[[[[ ›ntensity
þ ›nnovations and [[[[[[[[[[
þ [[[[[[[[[[ and Profitability
bias for action
staying close to the customer
autonomy and entrepreneurship
[[[[[[[[[[ through people
hands-on value driven
simple form - lean staff


þ Flexibility
þ Canadian Ownership
þ Small Business Health as a Link to
Economic [[[[[[[[[[
þ Social [[[[[[[[[[
|  !

þ Change
þ T [[[[[[[[[[
þ Consumer Demographics and
Buying Patterns
þ Competitive Aspects of [[[[[[[[[[
NAFTA, lobal Markets, Large Business
Response
|  !

þ The Economy
þ The [[[[[[[[[[ Climate
þ The Social [[[[[[[[[[


þ rhy has there been an [[[[[[[[[[

in entrepreneurial activity
throughout the world in recent
years?
þ rhat [[[[[[[[[[ are there that
there is an entrepreneurial
³revolution´ occurring ?
þ rhy is it [[[[[[[[[[ to define
small business ?


þ rhat are the [[[[[[[[[[ used to

make the small business definition?
þ rhat is the [[[[[[[[[[ of small
business in Canada?
þ rhat two [[[[[[[[[[ groups have
shown an increase in proprietorship
in recent years in Canada?


þ rhat are the [[[[[[[[[[ small

businesses can make to society?
þ rhat are the positive and negative
[[[[[[[[[[ which may influence
the small business community in
the future?