Closed for Family Vacation

Basement Office Closed SignSaturday MP is a small family business and like your local family run restaurant the entire family is involved in some way.  Currently it’s mostly me working at Saturday MP but Ada helps with some book keeping and in the past was a consultant.  Our daughter also used to clean the basement office and shred papers.

Also, like your local family restaurant, when we take a vacation the entire business closes.  Well, mostly closes, we can still be reached virtually but please expect delays in our response.  Thank you for your patience and we look forward to serving you when we get back to the basement on November 27th.

Categories: business-side fun  Tags: small-business vacation 

Odds Are you Work for a Small Business

If I was a betting man I would bet you work for a small company (99employees or less).  Odds are I would be right half the time.  How did I come up with those numbers?  Using some math and stats I found on the Internet.

About 24% of the working population are public employees (i.e. employed by government).  The remaining 76% are employed by private companies with just a hair under 70% working for a company of less then 100 employees.

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Categories: business-side  Tags: small-business 

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.

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