Importance of Spouses in Small Businesses

Starting a new business is hard.  In 2010 study just over half of new business in Canada survive 5 years or more and only 30% survive 10 years.  Similar statics for our neighbours in the south.

Canada’s Performance from 2001 to 2006 on Key Indicators of Entrepreneurial Performance

Saturday Morning Productions has been around for 7 1/2 years, if my maths are correct.  Our odds of surviving this long are about 45%.  Another way to look at it is if 100 business opened in 2009 then only 45 are still around today.

[Read More]