BCBusiness

September 2015 The Small Business Issue

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

Issue link: http://digital.canadawide.com/i/553904

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bcbusiness.ca sePTeMbeR 2015 BCBusiness 45 1 to 3 ....................... 102 (16.7%) 4 to 19 ..................... 188 (30.7%) 20 to 49 .................. 171 (27.9%) Over 50 .................. 151 (24.7%) $1 to $5 million .... 161 (26.3%) $5 to $10 million .. 226 (36.9%) $10 to $50 million 147 (24.0%) Over $50 million .. 78 (12.8%) The Survey Respondents (by # of employees and business worth) is your business a family-owned business? How long has this business been in your family? pOllStER MaRiO caNSEcO SayS: "As you get bigger—especially over 50 employees—it stops being a family business necessarily. It's almost as if you're the victim of your own success" This is the first generation Yes no Two generations Three generations Four generations or more 57% 43% 69% 31% 78% 22% 52% 48% 66% 34% 58% 42% 44% 56% 43% 57% B Y N U M B E R O F E M P L O Y E E S B Y N U M B E R O F E M P L O Y E E S B Y B U S i N E S S w O R t H ( i N M i L L i O N S ) B Y B U S i N E S S w O R t H ( i N M i L L i O N S ) 1 To 3 $1 To 5 4 To 19 $5 To 10 20 To 49 $10 To 50 50 + $50 + 98% 0% 2% 0% 92% 6% 2% 0% 91% 4% 2% 3% 69% 31% 0% 0% 78% 16% 4% 1% 36% 36% 0% 27% 58% 33% 8% 0% 50% 0% 33% 17% 1 To 3 $1 To 5 4 To 19 $5 To 10 20 To 49 $10 To 50 50 + $50 + 67% 86% 9% 3% 2% 33% O V E R A L L O V E R A L L B Y # O F E M P L O Y E E S B Y B U S i N E S S w O R t H F U L L S U R V E Y R E S U Lt S : B C B u s i n e s s . c a / S m a l l B i z pOl "As you get bigger—especially over 50 employees—it stops being a family business necessarily. It's almost as if you're the victim of your own success"

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