Small businesses are the backbone of most national economies. They are primary sources of innovation. They are the social fabric that weaves communities together. They hold the soil and the mycelium network of social wealth and health of the business forest. Without them, canopy companies will fail and fall. The same fate holds true for the communities in which small businesses are rooted.
Those who shape policy and decisions often ignore small business in the development of economic policy, giving preference to big-name companies. E2M believes that is a fundamental, monumental mistake, especially today.
Using Canadian statistics as an example, of the country’s total 1.2 million employer businesses, 1.18 million (97.9 percent) were small businesses, with fewer than 100 employees. In most industry sectors, micro-enterprises dominate, representing 57% of companies with fewer than 5 employees. As these statistics are paralleled in many countries around the world, small- and medium-sized businesses are critical in building a sustainable future.
E2M published a guide for small business owners in the manufacturing sector, which the Canadian Federation of Independent Business (CFIB) shared on its website. Tracking of Going for the Green indicated more than 57,000 downloads, with outreach requests from Germany, Japan, Indonesia, South Africa, USA, Mexico, Zimbabwe, Malaysia, Wales and France.
We are updating the guide to address the current challenges a small business faces.