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Vision


The face of small business has changed substantially in the last decade. What hasn’t changed is the challenges of running a home based or small business are the same. 52% of the U.S. small businesses have no employees. Second act businesses are the norm not the exception.

The face of small business has changed as the number of new startups in Canada and the US have grown substantially. As I wrote in Chapter 23 of my book, Tips and Traps for Writing an Effective Business Plan:

“In the last eight years entrepreneurial activity in the United States has grown from 7,200,770 businesses to 20,038,163 (according to the 2000 census). A 2005 study by Frank N. Magid Associates found that 76 percent of small business stated that they wanted to grow their businesses significantly. In Canada the number of self-employed persons has doubled since 1976 to 2,412,700 (Statistics Canada, January 2004.)” The trend is clear: self-employment and small business is well entrenched in North America and growing strong.

Values Cooperation, Connection, and Collaboration

Cooperation: Entrepreneurs and small business owners have been cooperating and working together since the dawn of time. New opportunities exist to leverage the reach, power, and connectedness of social networks.

Connection

Collaboration

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