Facts and Stats
52% of small businesses are based here.
What is home based?
What is a sole proprietor?
A business is wholly owned by one individual.
What is single ownership?
50% are destined to fail within the first year of operation.
What is a small business?
Won't usually invest in sole proprietorships.
What are investors?
Obligation to pay a firm's debts that can extend to their personal assets.
What is unlimited liability?
Percentage of small businesses in Ontario.
What is 33%
Raising ______ is difficult.
What is capital?
Entitlement to all profits and losses of the business.
What is no profit sharing?
From 2005 to 2015, _______ new jobs were created by small businesses.
What is 1.2 million?
No _________ tax payments.
What is corporate?
Law makes no distinction between the proprietor and the business.
What is no legal entity?