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FEATURE
ENTREPRENEURSHIP
R E M E M B E R T H O S E f e e l i n g s o f
excitement, achievement and growth when
you first started your business? Now it's likely
they have become buried among feelings of
isolation, fatigue and ongoing financial stress.
Statistics from the Canadian government
show that 97.9% of Canada's economy is
made up of small business with fewer than
100 employees. Yet around a third of these
businesses fail within their first five years,
and the odds are stacked against those that
continue.
This is a real issue and something that only
can be addressed when business owners know
what is stacked against them. Here are five
key challenges for small business owners and
advice for how to overcome them.
1
Working long hours
Running your own small business is a
24/7 activity, which is why it's so easy to get
stuck on the treadmill. There is always more
to do, always another form to fill out, another
Small businesses tend to have a high rate of failure —
and it usually comes down to a handful of challenges.
Anastasia Massouras explains how to overcome
five common obstacles
The top 5
challenges
for small
businesses
