Every year, Canadians come together to celebrate the backbone of our economy: small businesses. Small Business Week—a dedicated time to recognize the countless entrepreneurs who drive our communities—is a testament to the resilience, ingenuity, and hard work of these unsung heroes.
In Canada, the small business sector is significant, with over 1.2 million small and medium-sized businesses and 749,000 entrepreneurs.
A Brief History of Small Business Week
For 45 years, the Business Development Bank of Canada (BDC) has arranged an annual entrepreneurship event called BDC Small Business Week. Over 10,000 entrepreneurs come together annually to network, learn, and celebrate Canada’s doers and visionaries.
This event serves as a platform for small business owners to share their experiences, learn from industry experts, and gain valuable insights to help grow their businesses. Small Business Week also highlights the importance of supporting local businesses and the positive impact they have on our economy. It is a time to celebrate the hard work and dedication of small business owners who play a vital role in driving innovation and creating jobs in communities across the country.
Why Small Business Week Matters
Small businesses play a vital role in Canada’s economic landscape. They create jobs, stimulate local economies, and foster innovation. From mom-and-pop shops to tech startups, small businesses are the engines that drive our communities forward.
Small Business Week is an opportunity to recognize and appreciate the contributions of these businesses to our economy. It is a time to shine a spotlight on the hard work and dedication of small business owners who often face unique challenges and obstacles in their journey to success. By supporting small businesses, we are not only investing in our local communities but also in the future of our country’s economy. It is important to show our appreciation for the innovation, creativity, and resilience that small businesses contribute, and Small Business Week provides the perfect platform to do so.
How Can We Support Each Other This Week?
Small Business Week is an excellent opportunity for us to come together and show our support for local businesses. Here are a few ways you can get involved:
- Share posts on social media: Engage with other small business owners by liking, commenting, and sharing their content.
- Shop local: We can put small businesses at the forefront of our minds as the holiday season approaches by buying gifts and/or gift certificates for family, employees, and friends.
- Give referrals: Recommend local businesses to your friends, family, and colleagues. Online, we can give referrals by tagging small business owners in Facebook groups or connecting through email.
- Leave reviews: Take time to share positive experiences about local small businesses online with a Google review or a review on Facebook.
These simple actions will help us support local entrepreneurs and increase awareness of small businesses in our community.
How MYOB Supports Small Businesses
As a small business ourselves, we understand the challenges and rewards of entrepreneurship. We’re committed to supporting our fellow business owners by offering bookkeeping, social media management, and website maintenance and design services. We believe that by building strong relationships with our clients, we can help them achieve their goals and grow their businesses.
Over to You
Small Business Week is a celebration of the incredible contributions that small businesses make to our communities. As we continue to navigate the challenges and opportunities of the modern business landscape, it’s more important than ever to support and encourage these vital enterprises.
So, let’s come together to celebrate and show our appreciation for the entrepreneurs who are making a difference in our lives. How will you be supporting small businesses this week?