Do you have fun running your business? Research from The Guardian Life Small Business Research Institute shows it’s more likely if you stay small. Some keep their business small by choice, finding it more personally rewarding than running a bigger company with more employees.
Many small business owners love what they are doing. It’s the fuel that powers them through long days and adversity. It’s why three out of 10 in Canada opened up shop. But it’s also the kicker that can make it so hard to leave—a milestone that some seven out of 10 of us will be approaching this decade.
A small business partnership is like a marriage - you need to choose your partners wisely. That is some smart advice. Especially in business, many do not.