Recognizing small businesses in the community

It’s that time of year again when communities are encouraged to consider the many benefits that small businesses contribute to their daily lives.

Small Business Week runs Oct. 16th-22nd, and this year’s theme, put forward by the Business Development Bank of Canada, is ‘Measure Up! Shape Your Future.’

Small Business Week is a timely occasion to recognize the hard work and dedication of those who run small businesses in the City.

Oftentimes owners small businesses work around the clock to ensure success and sustainability. They offer employment in our community and many of them give back to Red Deer and surrounding area as well. There is no doubt they are a huge asset and our community wouldn’t be the same without their contributions.

Many small businesses in our community are locally owned and we often hear the importance of shopping local for many reasons. This upcoming week can serve as a good reminder of that as well.

And as Albertans see much economic hardship, it is all the more reason to recognize the contributions of small businesses across the community. Small businesses are not immune to the downturn in the economy, in fact, they may feel the repercussions more than any.

As for Small Business Week, the BDC officially launched the idea across Canada in 1981. The initiative was quickly adopted by Canada’s business community.

For 37 years, the Business Development Bank of Canada has organized BDC Small Business Week in recognition of the contributions and achievements of Canada’s entrepreneurs. Events held during the week bring entrepreneurs together at conferences, luncheons and trade fairs across the country where they have the opportunity to learn, network and enjoy themselves in the company of their peers.

According to the BDC, small and medium-sized businesses are the cornerstone of the Canadian economy. They account for 99.7% of all Canadian companies and employ more than 90% of private sector workers.

Another vital part of small businesses is the freedom and opportunity they give people to flex their creative muscles and explore a variety of ventures. Entrepreneurial spirit thrives in the setting of a small business, where folks can invest in their business plans to bring their own dreams to fruition.

In an increasingly competitive business environment, innovation is often the key to staying afloat and relevant. Clearly, a healthy and strong encouragement of entrepreneurship fuels the drive to stimulate those ‘innovative senses.’

Ultimately entrepreneurship, as the BDC points out, is built on the foundations finding the right people to work with, the latest technology to utilize and the most cutting edge business skills to, “Beat the competition both here and abroad.”

Small Business Week is all about those things – and also for taking the time to praise those dedicated men and women who pour so much time and energy into making their small ventures work. Their efforts enrich the community more than they will perhaps ever know.

The Red Deer and District Chamber of Commerce will be hosting a couple of events during Small Business Week including the HR in a Box Workshop Series on Oct. 17th. The event series consists of six different workshops with three different expert speakers per workshop. This particular workshop is the second in the series. The topic is retention strategies – employer value proposition, onboarding/orientation and ongoing engagement as well as total compensation. To register, visit the Chamber’s web site.

As well next week, we will celebrate those small businesses and the contributions they provide our community during the annual Business of the Year Awards, hosted by the Chamber, and we encourage the community to celebrate along with us.

Just Posted

Klaus testifies he falsely confessed to triple-homicide in Mr. Big sting

Klaus said confessions were made in order to further position within criminal organization

Red Deer River Naturalists host guest speaker

Bradley Peter will talk about new methods of lake monitoring

Superintendent Ken Foster sees progress in city policing

Red Deer RCMP Superintendent has been on the job for a year and has seen success

Accused Jason Klaus testifies in triple-homicide trial in Red Deer

Klaus charged with three counts of first-degree murder, one count of arson

WATCH: Red Deerians come together to ‘light the night’

Traditional Red Deer Lights the Night sees thousands

BC RCMP hunt for white SUV that rammed cruiser

Kamloops RCMP are looking for a white SUV headed north on the Yellowhead Highway

Canadian screen stars want ‘action’ from industry meeting on sexual misconduct

‘Of course there’s been sexual harassment here. Absolutely. No question.’

Opioid prescriptions up across Canada: report

The report shows the number of opioid prescriptions rose by almost seven per cent, while daily doses on average dropped

Russian meddling has implications for Canada

Kosovo president Hashim Thaci warns that Russian meddling has implications for Canada

Health Canada hints at government’s plans for legal pot

Health warnings, plain covers for pot packs under proposed regulations

Washington governor tells BC don’t be ‘daunted’ by Trump

“I want to assure this assembly that no matter who is in the White House, it won’t affect Washington state’s relationship with Canada or British Columbia.”

Feds plan to spend billions on housing strategy

However much of the $15.9 billion will not be spent until after the next election in 2019

David Cassidy, teen idol and ‘Partridge Family’ star, dies at 67

Cassidy announced earlier this year he had been diagnosed with dementia

Most Read