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Business Characteristics

  • Small and Medium-Sized Enterprises in Tourism Industries — December 2011
    This profile provides a descriptive overview of SMEs in tourism industries and examines their differences compared with SMEs in non-tourism industries in terms of business and owner characteristics, access to financing, financing terms and conditions and obstacles to business growth.
    HTML    PDF Version (1.1 MB, 18 pages)
  • Financing Profile of Small and Medium-Sized Enterprise Exporters — June 2011
    Included in the special edition of the Key Small Business Statistics on Small Business Exporters, this profile presents business and financing characteristics of SME exporters in comparison with SME non-exporters. Using data from the 2004 and 2007 Survey on Financing of Small and Medium Enterprises, the results show that the likelihood of exporting increases with business size (both in terms of employees and revenues) but export intensity (percentage of sales derived from exports) does not. In 2007, SME exporters had greater financing needs than SME non exporters. Specifically, SME exporters were more likely to make a request for financing and, on average, requested higher amounts of debt financing than their non-exporter counterparts. In 2004, SME exporters experienced greater difficulty obtaining approval for debt financing than SME non-exporters, but in 2007 they had a slightly easier time.

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  • Financing Innovative Small and Medium-Sized Enterprises in Canada — March 2009
    Using data from the SME Financing Data Initiative Survey on Financing of Small and Medium Enterprises, 2004, this small business financing profile describes innovative small and medium enterprises (SMEs) along a range of characteristics and examines whether they differ from non-innovative SMEs in terms of access to financing, financing terms and conditions, and obstacles faced in accessing financing.
    HTML    PDF Version (868 KB, 14 pages)
  • Borrowers under the Canada Small Business Financing Program — February 2009
    As a supplement to the series of profiles on small business financing published by the Small Business and Tourism Branch, this profile compares several characteristics of borrowers under the Canada Small Business Financing Program with small businesses not using the Program. These groups are compared in terms of financing (source and type), including provincial distribution, size, industries and satisfaction with lenders, as observed in 2004.
    HTML    PDF Version (867 KB, 15 pages)
  • Informally Financed SMEs — September 2006
    This profile looks at small and medium-sized enterprises (SMEs) that received financing for risk capital through the informal marketplace in Canada. The informal marketplace is composed of two types of investors: family or friends, and business angels (individuals who invest their personal funds at arm's length in businesses owned and operated by individuals unrelated to them). This article examines the differences between these two types of investors and the impact of their investments on SMEs.
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  • Exporter SMEs — September 2006
    Small and medium-sized enterprises (SMEs) comprise the majority of Canadian firms that sell goods and services abroad. Because their exports are linked to increased productivity, job creation and economic growth these SME exporters merit closer study. This article presents a profile of Canadian SMEs that exported in 2004, using the comprehensive database of the SME Financing Data Initiative. The profile examines the distinguishing features of SME exporters and their financing needs, and provides insight into the differences between exporters in the manufacturing and service sectors. It also challenges some assumptions about how Canadian businesses expand.
    HTML    PDF Version (838 KB, 12 pages)
  • High-growth SMEs — May 2006
    Small businesses are key to economic growth. Recent studies by Industry Canada and other organizations have identified a small group of small and medium-sized enterprises (SMEs) that contributed disproportionately to the growth in Canadian employment. These high performers, often referred to as high-growth small and medium-sized enterprises (HGSMEs), were responsible for creating nearly 1 million net jobs out of a total of nearly 1.8 million net jobs in Canada between 1985 and 1999. Using results from the SME Financing Data Initiative database on small business financing, this profile on HGSMEs presents key characteristics, financing patterns and potential financial barriers for these high-performing firms.
    HTML    PDF Version (866 KB, 10 pages)



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