Small business is big business in Nova Scotia
For more details
Small Business Profile
An overview of Nova Scotia’s small and mid-sized enterprises (SME)
Environment and Economy
Thinking Small on a Big Issue
Did you know that 97.4% of businesses in Nova Scotia have fewer than 50 employees? Or that self-employment in Nova Scotia is at its highest level ever? The Small Business Profile: An Overview of Nova Scotia's Small and Mid-Sized Enterprises (SMEs) is designed to answer these common questions about Nova Scotia's business community - and how it's changing.
Some key facts from the report:
- 97.4%: The percentage of businesses in Nova Scotia considered small and medium
- 60,600: The number of self-employed individuals which has grown over the years and represents a significant percentage of total employment in our province;
- $500,000: Ceiling for revenue earned by most SMEs;
- 28.9%: The percentage of total workers that small firms with fewer than 50 employees employ;
- 50%: 5-year survival rate for SMEs in most sectors;
- 3500: The number of jobs created in the self-employed sector.
For more details on Nova Scotia's largest employer, click on the full document.
