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The Decline of American Small Business: Implications for Canadian Entrepreneurs

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The landscape of small business in the United States has undergone significant changes over the past few decades, with a marked decline in new business formations and overall economic dynamism. Several studies and reports, including those from the Brookings Institution, the Kauffman Foundation, the Economic Innovation Group, and the U.S. Census Bureau, have detailed these trends. For Canadian small business owners, understanding these findings can provide valuable insights and cautionary lessons to navigate similar challenges in our own economy.

Learn About Business Incubators and Accelerators

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three people sitting beside table

Entrepreneurs should know about business incubators and accelerators and their services. If you are starting an innovative company, or if you know someone who is, here is a bit of background information to help you get started. For local business promoters we also have a bit of an in-depth assessment of the ins and outs of these kinds of business support programs.

A Typical Local Economic Development Website

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Wayfinders believes that small businesses and community organizations will benefit from a constructive and supportive business environment. This can be supplemented with a well-designed and constructed web presence. Similar sites can be created for business and industry associations. To create a comprehensive local or regional economic development web presence at Wayfinders Business Co-operative, consider the … Read more

Self-Assessment Quiz: Are You Suited for Entrepreneurship?

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positive young woman working on netbook sitting in armchair in office

Running your own business can be a rewarding but challenging endeavor. This self-assessment quiz will help you determine if entrepreneurship is a good fit for you and what kind of business might suit your strengths and preferences. Answer the following questions honestly to get personalized insights: 1. What drives you? a) Financial success and independenceb) … Read more