Small Business Week

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. 14-20, and this year’s theme, put forward by the Business Development Bank of Canada, is ‘Aim High: Invest in Your Future’.

The BDC officially launched BDC Small Business Week™ across Canada in 1981. The initiative was quickly adopted by Canada’s business community.

According to the BDC, small and medium-sized businesses are the cornerstone of the Canadian economy. They account for 99.8% of all Canadian companies and employ more than 60% 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 business plans to bring their own dreams to fruition.

In a recent article for the Financial Post, W. Brett Wilson said that bolstering that entrepreneurial spirit is absolutely critical. He wrote that entrepreneurship allows people to explore their passions, think creatively, take risks, partner with others, and — in the process — leave the world better than they found it.

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.’

“For those who want to question whether entrepreneurs are born or made, I would simply answer: ‘Yes!’ But a better question is this: how can you use your knowledge, your network, and your personal passion to creatively solve a problem and meet the world’s greatest needs? No matter what your skill set, or your employment history, I promise that your willingness to innovate as an entrepreneur will do more than expand the economy — it can literally change the world,” noted Wilson.

Meanwhile, on a local level, Small Business Week encourages entrepreneurs to connect and network at conferences, luncheons and trade fairs across the nation.

Ultimately entrepreneurship, as the BDC points out, is built on the foundations of 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 very things – and also for taking the time to congratulate 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.

Just Posted

Women of Excellence Awards introduces ‘Women of Excellence in Construction’

Gala will take place June 19th at the Sheraton Red Deer

Check online to make sure you’re registered to vote in upcoming provincial election

Advance polls open Tuesday, April 9th to Saturday, April 13th

UPDATE: Christy Starling has been found

Red Deer RCMP thank the public for their assistance

Red Deer Legion Pipe Band celebrates National Tartan Day

The band is raising money for their trip to Scotland in 2020

Sharon and Bram head to Red Deer on final tour

The duo is celebrating their 40th anniversary farewell tour

VIDEO: Restaurant robots are already in Canada

Robo Sushi in Toronto has waist-high robots that guide patrons to empty seats

Montreal priest stabbed while celebrating morning mass

The incident happened Friday morning at Montreal’s St. Joseph’s Oratory

New Leger polls suggests federal Liberals lagging Conservatives

Overall, 31 per cent of respondents polled said they would vote for Justin Trudeau’s Liberals

Teen girl accused in plot to attack Kamloops school with weapons out on bail

Judge warned the girl she would be back in jail if she threatened to shoot anyone

Oil prices, Alberta election call cloud Stampede chuckwagon auction expectations

The top money bid last year came from Versatile Energy Services, Ltd.

Lacombe hosts 6th Invasive Species Council Conference at LMC

Council looks to protect native ecological environments in Alberta

Pot industry welcomes decreased edibles tax, but unhappy medical tax remains

Taxes can increase the cost of medical cannabis by as much as 25 per cent

‘It has to send a message:’ Broncos families await sentencing for truck driver

Jaskirat Singh Sidhu pleaded guilty to 29 counts of dangerous driving and apologized in court

MPs continue voting marathon as Tories protest shutdown of Wilson-Raybould motion

Multiple MPs have resigned from Trudeau’s Liberal cabinet

Most Read