Sur­rey is the top des­ti­na­tion for new small busi­nesses: Vancity re­port

Asian Journal - - British Columbia -

Sur­rey: The City of Sur­rey has been named as the top des­ti­na­tion in Metro Van­cou­ver for start­ing a new small busi­ness. The re­port by Vancity has Sur­rey as the best place for as­pir­ing en­trepreneurs due to its grow­ing pop­u­la­tion, af­ford­able busi­ness and res­i­den­tial prop­erty and low costs of do­ing busi­ness. “Small busi­nesses are the back­bone of our econ­omy and I am pleased that Sur­rey has been rec­og­nized as the best place for new small busi­nesses to set up shop,” said Mayor Linda Hep­ner. “Given our grow­ing pop­u­la­tion, af­ford­able prop­erty costs and low busi­ness tax rates, it’s no sur­prise that the City of Sur­rey is an ideal lo­ca­tion for new small busi­nesses to pros­per.” The re­port an­a­lyzed seven fac­tors that con­trib­ute to small busi­ness suc­cess, in­clud­ing a thriv­ing mar­ket, re­li­able trans­porta­tion, cost of do­ing busi­ness, sup­ply chains, per­sonal cost of living, per­sonal sup­port and a cul­ture of en­trepreneuri­al­ism. “Lo­cal en­trepreneurs in­no­vate to cre­ate new prod­ucts and ser­vices, gen­er­ate jobs and help our com­mu­ni­ties thrive,” said Christine Berg­eron, Vancity’s Direc­tor of Busi­ness Mem­ber Re­la­tion­ships. “Lo­ca­tion is a pri­mary fac­tor in set­ting up a small busi­ness for suc­cess — Sur­rey is the num­ber one lo­ca­tion when it comes to sup­port­ing en­tre­pre­neur­ial in­no­va­tion.”

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