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 47 Does your business currently have any of the following? O V E R A L L a formal business plan a succession plan a designated financial manager (who is not you) none of these an e-commerce presence/ website B Y N U M B E R O F E M P L O Y E E S 15% 4% 1% 29% 60% 31% 18% 13% 34% 42% 35% 18% 23% 39% 37% 52% 26% 30% 41% 30% 1 To 3 4 To 19 20 To 49 50 + 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 ) 27% 13% 8% 34% 49% 37% 14% 27% 47% 29% 43% 29% 29% 50% 23% 52% 42% 32% 62% 16% $1 To 5 $5 To 10 $10 To 50 $50 + pOllStER MaRiO caNSEcO SayS: "On the business plan question, it's almost as if they're just going with the flow. And on the succession plan, similar numbers. It's bizarre to me that more people say they have an e-commerce presence than say they have a formal business plan" 31% 28% 20% 25% 16% 1% 1% 3% 6% 16% 15% 35% 43% all things considered, what do you expect to see as far as growth in your business over the next year? Growth of more than 10% Growth from 6% to 10 % Growth from 1% to 5 % no growth–flat Decline from 1% to 5% Decline from 6% to 10% Decline of more than 10% not sure plan question, it's almost as if they're just going with the flow. And on the succession plan, similar numbers. It's bizarre to me that more people say they have an e-commerce presence

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