Friday, October 29, 2010
Demographics Posing Challenges For Small Businesses In Province
The Canadian Federation of Independent Business in the province has found a shrinking workforce and aging population are serious challenges for small and medium businesseses in the province.
They have indentified priorities such as investing in machinery and equipment, technology and people.
Andreea Bourgeois tells CHSJ news the C-F-I-B is pleased the see so many business owners are interested in growth.
She says it's great to see that about half of business owners in the province want to grow and diversify.
The C-F-I-B says while the province offers incentive programs, many don't take advantage of them because they don't know the exist, are not eligible or don't think they are beneficial for small businesses.