Financial, Gender and Continuity Issues in Regional Small Business: Management and Policy Implications Derived from Canadian and New Zealand Survey Evidence

Abstract

Globalization and urbanization are making the employment-and-wealth-distribution roles of regional small businesses (SBs) increasingly important to regional-socio-economic-and-political stability. This study in contrasting the outcomes of a survey of 220 regional SBs in Canada and New Zealand (NZ) found that: regional SB continuity is significantly higher than commonly presumed; tax-and-life-style differences may have skewed continuity in NZ SBs; female NZ SB entrepreneurs tend to have under half the sales of their male counterparts (a relationship not found in Canada); SB entrepreneurs are slow in adopting the internet for marketing. These findings should interest policy makers, creditors, and the general business community.

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