Small Business By The Numbers

BRITISH COLUMBIA Small Business Highlights KEY: International Earnings increase Export Value Small Business < 50 Employees for workers SMALL BUSINESSES IN B.C. Total small Provincial G.D.P. 19% Private sector businesses in B.C. employment 57% 41% 32% (2004-2009) ($12.5 billion in 2008) 98% (1,045,400) (395,900) Regions Showing Significant Growth Number of small businesses 2007-2009 per capita 88.9 2ND highest in Canada Thompson -Okanagan 3,300 4,400 New Businesses New Businesses Vancouver Island-Coast 9,500 of High-Technology businesses in B.C. are small businesses New Businesses Mainland-Southwest SELF-EMPLOYMENT IN B.C. Increases in Top 3 Job Creators self-employment employment of self-employed (4" highest in Canada) Net New Jobs by Sector (2004-2009) Per cent of total Women as a % = 1,000 new jobs 14% 19,7% 35% (Highest in Canada) (Above national average) Construction Business Health Care & (+ 17,600) Services Social Assistance (+11,900) (+6,600) How does Government help? Top 3 Sectors New Businesses (2007-2009) 42% reduction in regulatory requirements; with over 152,000 eliminated H= 100 new small businesses $17,000,000 INVESTED 10 projects for small business skills training new Construction Business Services Social Services (+1,250) Health and $500,000 income threshold (+1,400) (+702) for 2.5% small business tax rate BRITISH COLUMBIA Small Business Highlights ΚΕY: International Earnings increase Export Value Small Business < 50 Employees for workers SMALL BUSINESSES IN B.C. Total small Provincial G.D.P. 19% Private sector businesses in B.C. employment 57% 41% 32% (2004-2009) ($12.5 billion in 2008) 98% (1,045,400) (395,900) Regions Showing Significant Growth Number of small businesses 2007-2009 per capita 88.9 2ND highest in Canada Thompson -Okanagan 3,300 4,400 New Businesses New Businesses Vancouver Island-Coast 9,500 of High-Technology businesses in B.C. are small businesses New Businesses Mainland-Southwest SELF-EMPLOYMENT IN B.C. Increases in Top 3 Job Creators self-employment employment of self-employed (4" highest in Canada) Net New Jobs by Sector (2004-2009) Per cent of total Women as a % = 1,000 new jobs 14% 19,7% 35% (Highest in Canada) (Above national average) Construction Business Health Care & (+ 17,600) Services Social Assistance (+11,900) (+6,600) How does Government help? Top 3 Sectors New Businesses (2007-2009) 42% reduction in regulatory requirements; with over 152,000 eliminated H= 100 new small businesses $17,000,000 INVESTED 10 projects for small business skills training new Construction Business Services Social Services (+1,250) Health and $500,000 income threshold (+1,400) (+702) for 2.5% small business tax rate BRITISH COLUMBIA Small Business Highlights ΚΕY: International Earnings increase Export Value Small Business < 50 Employees for workers SMALL BUSINESSES IN B.C. Total small Provincial G.D.P. 19% Private sector businesses in B.C. employment 57% 41% 32% (2004-2009) ($12.5 billion in 2008) 98% (1,045,400) (395,900) Regions Showing Significant Growth Number of small businesses 2007-2009 per capita 88.9 2ND highest in Canada Thompson -Okanagan 3,300 4,400 New Businesses New Businesses Vancouver Island-Coast 9,500 of High-Technology businesses in B.C. are small businesses New Businesses Mainland-Southwest SELF-EMPLOYMENT IN B.C. Increases in Top 3 Job Creators self-employment employment of self-employed (4" highest in Canada) Net New Jobs by Sector (2004-2009) Per cent of total Women as a % = 1,000 new jobs 14% 19,7% 35% (Highest in Canada) (Above national average) Construction Business Health Care & (+ 17,600) Services Social Assistance (+11,900) (+6,600) How does Government help? Top 3 Sectors New Businesses (2007-2009) 42% reduction in regulatory requirements; with over 152,000 eliminated H= 100 new small businesses $17,000,000 INVESTED 10 projects for small business skills training new Construction Business Services Social Services (+1,250) Health and $500,000 income threshold (+1,400) (+702) for 2.5% small business tax rate BRITISH COLUMBIA Small Business Highlights ΚΕY: International Earnings increase Export Value Small Business < 50 Employees for workers SMALL BUSINESSES IN B.C. Total small Provincial G.D.P. 19% Private sector businesses in B.C. employment 57% 41% 32% (2004-2009) ($12.5 billion in 2008) 98% (1,045,400) (395,900) Regions Showing Significant Growth Number of small businesses 2007-2009 per capita 88.9 2ND highest in Canada Thompson -Okanagan 3,300 4,400 New Businesses New Businesses Vancouver Island-Coast 9,500 of High-Technology businesses in B.C. are small businesses New Businesses Mainland-Southwest SELF-EMPLOYMENT IN B.C. Increases in Top 3 Job Creators self-employment employment of self-employed (4" highest in Canada) Net New Jobs by Sector (2004-2009) Per cent of total Women as a % = 1,000 new jobs 14% 19,7% 35% (Highest in Canada) (Above national average) Construction Business Health Care & (+ 17,600) Services Social Assistance (+11,900) (+6,600) How does Government help? Top 3 Sectors New Businesses (2007-2009) 42% reduction in regulatory requirements; with over 152,000 eliminated H= 100 new small businesses $17,000,000 INVESTED 10 projects for small business skills training new Construction Business Services Social Services (+1,250) Health and $500,000 income threshold (+1,400) (+702) for 2.5% small business tax rate BRITISH COLUMBIA Small Business Highlights ΚΕY: International Earnings increase Export Value Small Business < 50 Employees for workers SMALL BUSINESSES IN B.C. Total small Provincial G.D.P. 19% Private sector businesses in B.C. employment 57% 41% 32% (2004-2009) ($12.5 billion in 2008) 98% (1,045,400) (395,900) Regions Showing Significant Growth Number of small businesses 2007-2009 per capita 88.9 2ND highest in Canada Thompson -Okanagan 3,300 4,400 New Businesses New Businesses Vancouver Island-Coast 9,500 of High-Technology businesses in B.C. are small businesses New Businesses Mainland-Southwest SELF-EMPLOYMENT IN B.C. Increases in Top 3 Job Creators self-employment employment of self-employed (4" highest in Canada) Net New Jobs by Sector (2004-2009) Per cent of total Women as a % = 1,000 new jobs 14% 19,7% 35% (Highest in Canada) (Above national average) Construction Business Health Care & (+ 17,600) Services Social Assistance (+11,900) (+6,600) How does Government help? Top 3 Sectors New Businesses (2007-2009) 42% reduction in regulatory requirements; with over 152,000 eliminated H= 100 new small businesses $17,000,000 INVESTED 10 projects for small business skills training new Construction Business Services Social Services (+1,250) Health and $500,000 income threshold (+1,400) (+702) for 2.5% small business tax rate BRITISH COLUMBIA Small Business Highlights ΚΕY: International Earnings increase Export Value Small Business < 50 Employees for workers SMALL BUSINESSES IN B.C. Total small Provincial G.D.P. 19% Private sector businesses in B.C. employment 57% 41% 32% (2004-2009) ($12.5 billion in 2008) 98% (1,045,400) (395,900) Regions Showing Significant Growth Number of small businesses 2007-2009 per capita 88.9 2ND highest in Canada Thompson -Okanagan 3,300 4,400 New Businesses New Businesses Vancouver Island-Coast 9,500 of High-Technology businesses in B.C. are small businesses New Businesses Mainland-Southwest SELF-EMPLOYMENT IN B.C. Increases in Top 3 Job Creators self-employment employment of self-employed (4" highest in Canada) Net New Jobs by Sector (2004-2009) Per cent of total Women as a % = 1,000 new jobs 14% 19,7% 35% (Highest in Canada) (Above national average) Construction Business Health Care & (+ 17,600) Services Social Assistance (+11,900) (+6,600) How does Government help? Top 3 Sectors New Businesses (2007-2009) 42% reduction in regulatory requirements; with over 152,000 eliminated H= 100 new small businesses $17,000,000 INVESTED 10 projects for small business skills training new Construction Business Services Social Services (+1,250) Health and $500,000 income threshold (+1,400) (+702) for 2.5% small business tax rate