Small business specifics

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Small Business By the Numbers 

The 2007 Labour Force Survey was the only one to ask specific questions regarding small businesses.

According to the survey, the three biggest industries for small business were construction, wholesale and retail and business services. A full one-third of small business owners did not state what sector their business was in.

According to the 2007 survey, most of the small companies were relatively new, although a significant number had been in business for 20 or more years. Many worked from a fixed location such as an office or shop, and many worked from home.

In 2007, before the global financial crisis, many small business owners reported turning a profit in the past 12 months. About 33 per cent of businesses reported monthly expenditures of $4,800 or less, while 18 per cent of businesses reported monthly income of $4,800 or less.

More than half of businesses (53 per cent) reported monthly expenditures of $6,000 or more, while 72 per cent of businesses reported monthly income of $6,000 or more.

Top small business industries, 2007 

  • Construction, 19 per cent
  • Wholesale and retail, 14 per cent
  • Business services, 12 per cent
  • Transportation, postal and telecommunications, 7 per cent
  • Top small business worksites, 2007
  • At home, 35 per cent
  • A fixed office, 25 per cent
  • A fixed shop, 25 per cent
  • Mobile vendor, 3 per cent