1 in 3 of you are not sleeping!

Source: TD Bank Financial Group – Small Biz Research, October 2008

Advice from Ontario small business owners to Ontario small business owners to help you sleep at night.  

The top two pieces of advice from Ontario small business owners for those wanting to start their own business are to diversify your services and to raise enough capital before starting. Twenty per cent of owners said they would have diversified their services more and 20% of owners said they would have raised more capital if they started their business today. Small business owners who have been in business less than a year are most likely to say that they should have raised more capital (41%), whereas business owners who have been in business 11 or more years, say that they would diversify services more (22%).

Small business and the environment

The environment is a top priority for small business owners. In fact, 73% report that it is important to run an environmentally responsible business. The biggest barriers to adopting more environmentally friendly measures are cost (46%) and lack of credible industry providers (29%).