Document 7118959
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SMALL BUSINESS
MANAGEMENT
Chapter 1
The Role of Small Business and
Entrepreneurship in Canada
CHAPTER OBJECTIVES
1. Discuss the evidence of the level of interest & activity in
the small business sector.
2. Review common methods of defining small business &
explain why a definition is important.
3. Understand the current extent of entrepreneurship &
small business in Canada.
4. Discuss the positive benefits a healthy small business
sector can offer to society.
5. Explain the probable future environment for
entrepreneurship & the small business community.
Java Nook" CBC Venture
The Entrepreneurial Revolution
__________ in the number of
business establishments
__________ in the number of
employees of small business
__________ in government interest
and programs
The Entrepreneurial Revolution
Increases in the number of small
business related __________ at
colleges and universities
Increase in __________ activities in
large businesses
Increases in __________ power of
small businesses
Improvement in the __________ of
small businesses
What Is Small Business?
Comparison and __________
Government Programs
Lending Programs
Number of __________
Total __________
Profits
Management- __________ Structure
Current State of Small Business in
Canada
__________ Entrepreneurs
Female Entrepreneurs
__________ Entrepreneurs
Entrepreneurial Activity by Industry
Entrepreneurial Activity by ______
Contributions
__________ Intensity
Innovations and __________
__________ and Profitability
bias for action
staying close to the customer
autonomy and entrepreneurship
__________ through people
hands-on value driven
simple form - lean staff
Contributions (cont)
Flexibility
Canadian Ownership
Small Business Health as a Link to
Economic __________
Social __________
Small Business and the Future
Change
T __________
Consumer Demographics and
Buying Patterns
Competitive Aspects of __________
NAFTA, Global Markets, Large Business
Response
Small Business and the Future
The Economy
The __________ Climate
The Social __________
Concept Checks
Why has there been an __________
in entrepreneurial activity
throughout the world in recent
years?
What __________ are there that
there is an entrepreneurial
“revolution” occurring ?
Why is it __________ to define
small business ?
Concept Checks
What are the __________ used to
make the small business definition?
What is the __________ of small
business in Canada?
What two __________ groups have
shown an increase in proprietorship
in recent years in Canada?
Concept Checks
What are the __________ small
businesses can make to society?
What are the positive and negative
__________ which may influence
the small business community in
the future?