How BC STATS Get it Right

Understanding Canada’s Private Sector:

We believe that BC STATS get it right.

A few things are immediately apparent:

  1. A recognition of the importance of the self-employed
  2. There is no category of medium business
  3. The cut-off between large and small business is much lower (a business with 50 employees is considered a LARGE business)

In our view businesses with 50 or more employees behave differently than their smaller cousins. Many of them are more committed to growth. They are more likely to rely on other people’s money. In any event they are qualitatively very different than smaller businesses.

They will have more resources and more sophisticated financial and accounting staff. The chart below was produced in 2015 from a marketing survey by WASP BARCODE TECHNOLOGIES. Clearly from their perspective as a supplier of inventory control technology, business size and the sophistication of financial and accounting staff is very relevant.

No.1 Concern for CPA Firms

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Virtual Faculty

For each course, we employ very distinguished virtual faculty.

We can’t afford to pay them.

But our students do buy their books. All required texts are available as either e-books or audiobooks. Students can buy books in their choice of format. In that way, part of the proceeds eventually finds its way to the authors.

Entrepreneurial Advisors

Many business schools like to brag that they have an entrepreneur in residence. We don’t bother. They’re all over the web anyway. We seek them out and listen to what they have to say. If what they say makes sense, we just steal their ideas.