BUS 201 Lecture Notes - Lecture 4: Indefinite Lifespan, Statistical Hypothesis Testing, Cash Flow
17 Nov 2014
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Bus 201: introduction to business - lecture 4: ch. Venture creation: positive result of recent recession was new wave of entrepreneurial efforts, small businesses, new ventures, entrepreneurship are closely linked terms but they are distinct. Industry canada is the main federal government agency responsible for small business: relies on two distinct sources of information provided by statistics canada: Labour force survey (tracks individuals: to be included, a business must have at least one paid employee, have annual sales revenues of 000 or more, or be incorporated. A goods-producing business in the register is considered small if it has fewer has 100 employees, while a service-producing business is considered small if it has fewer than. 50 employees: individuals are considered self-employed if they. Are working owners of a business that is either incorporated or unincorporated. Work for themselves but do not have a business (musicians)
