Enterprise Facilitation © program works with business owners, Entrepreneurs or anyone who has an idea and wants to develop a business or is presently in business. It is based on having a team which leads to sustainability. Having a strong Product, Marketing, and Financial management is key.
Enteprise Facilitation © is a grass roots approach to building businesses as its about the entrepreneur not running the business on their own; It is about understanding that each person has their own passion, skills and knowledge. We help businesses understand that they were never meant to do it alone, that there are many resources, and individuals who are willing to assist them where they can.
As Enterprise Facilitator in Hastings County having worked with over 100 businesses in the program so far, it is important that I facilitate helping that business find the team to help their business grow with like strong consultants like Mike Ogburn, Fern Garside of Crowe River Marketing, and other companies like AdGraphics in Tweed, U-Marketing in Belleville, Real Time Computer services in Marmora.
Many individuals have come together to help these local businesses. My role is to facilitate that process to help the business owner take baby steps towards operating a successful business…
I love it when I can assist business owners who want to help themselves and take the necessary steps toward running their business.
Check out these Canadian facts that support why Hastings County, began Enterprise Facilitation ©.
- about 96 percent of small businesses (1–99 employees) that enter the marketplace survive for one full year,
- 85 percent survive for three years
- 70 percent survive for five years (Key Small Business Statistics – January 2009, Industry Canada).
- Microenterprises (businesses with 1 to 4 employees) after five years in business, 70.4 percent of micro-enterprises survived
- compared with 66.9 percent of other small businesses (Ibid).
- Looked at another way, though, “smaller” businesses fare less well than bigger ones. Survival rates of Businesses with revenues of less than $30,000 had significantly higher business failure rates than those observed for businesses with revenues of more than $30,000.
- Of those businesses with revenues of less than $30, 000 that started in 2001, 55.0 percent survived after three years and only 36.1 percent survived after five years (Ibid).
Most business failure occurs small businesses fail because of mismanagement. According to Statistics Canada, (Failing Concerns: Business Bankruptcy in Canada, 1997), most businesses fail because of weak general management, weak financial management, or weak marketing capabilities.
Almost half of the firms in Canada that go bankrupt do so primarily because of their own deficiencies rather than externally generated problems. They do not develop the basic internal strengths to survive.
“The main reason for failure is inexperienced management. Managers of bankrupt firms do not have the experience, knowledge, or vision to run their businesses. Even as the firms age and management experience increases, knowledge and vision remain critical deficiencies that contribute to failure” (Ibid).
Enterprise Facilation © helps connect businesses and people with ideas who want to start a business, with the resources to help them maintain or create a sustainable business. We do this by linking up business consultants, other businesses with our clients, and by finding community members who are willing to assist by being a resource for our community.
If you are a business looking to find out more, contact Enterprise Facilitator – Darcelle Runciman at runcimand@hastingscounty.com or call 613-391-0350. www.investinhastings.ca or more about Sirolli and Enterprise Facilitation © at http://www.sirolli.com
