Investing in Human Capital: Canadian Small Businesses Set Their Priorities for 2015-BMO Survey
- One-quarter intend to invest more in their business in 2015 - Fewer entrepreneurs intend to invest in equipment upgrades compared to 2013 - Business owners in Ontario and Atlantic Canada are the most likely to invest in employee training
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 10/28/14 -- Looking ahead to 2015, one-quarter (25 per cent) of Canadian entrepreneurs plan to invest more in their business, with a heavy emphasis on employee training and boosting their company's online presence. BMO Bank of Montreal released findings from its Small Business Banking Report today to cap off Small Business Week in Canada.
The survey, conducted by Pollara, also revealed noticeable differences in where entrepreneurs intend to invest next year:
"Canadian business owners have indicated they are more confident about the state of the economy and their business prospects heading into 2015," said Steve Murphy, Head, Canadian Commercial Banking, BMO Bank of Montreal. "This boost in confidence had a positive impact on entrepreneurs' investment plans, with the majority of business owners indicating they will be investing the same amount or more in their company next year."
Investment Intentions Across Regions
Business Financing for Entrepreneurs
The survey also revealed a number of financing options on which business owners are dependent to run their business, including:
Mr. Murphy added, "We encourage business leaders to drop by their local branch to speak with a financial representative to learn about how we can help provide options to aid in financing their business needs and goals."
Results cited above come from a Pollara telephone survey with 502 Canadian business owners, conducted between August 11th and 28th, 2014. The margin of error for this survey is +/- 4.4 per cent, 19 times out of 20.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group had more than $586 billion in total assets and approximately 47,000 employees at July 31, 2014.
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Datum: 28.10.2014 - 10:00 Uhr
Sprache: Deutsch
News-ID 347337
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TORONTO, ONTARIO
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Commercial & Investment Banking
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