Support for small biz

Locally owned small and micro businesses are an integral part of the well-being of B.C. in general and the Comox Valley in particular according to Dianne Goodacre, owner of The Balance Sheet Bookkeeping in Courtenay.

Dianne Goodacre congratulates client Bill Alexewich

Dianne Goodacre congratulates client Bill Alexewich

Locally owned small and micro businesses are an integral part of the well-being of B.C. in general and the Comox Valley in particular according to Dianne Goodacre, owner of The Balance Sheet Bookkeeping in Courtenay.

Goodacre points out that according to the joint federal and provincial government’s Small Business Profile 2010, small businesses in B.C. employed over a million people in 2009, producing approximately 32 per cent of B.C.’s gross domestic product.

In addition to their financial contributions, small business owners are usually an interesting group, added Goodacre.

“I find small business owners to be inventive, outgoing, generous and helpful. You often find that community leaders are small business owners,” she said.

New to the Valley as of last year, Goodacre is impressed with the diverse range of products and services on offer to Valley residents by local businesses.

“There’s everything we need right here,” she noted. “Just check out the membership of the Comox Valley Chamber of Commerce, Home Based Business Association, Women’s Business Network, Comox Valley Web Posse and other local business organizations.”

Goodacre points out that as well as providing Valley residents with unique products and services, small business also supports the community financially.

“If we hire locally or buy from each other then you get a kind of multiplication effect. For example, if you buy from a local business, the business owner takes that money and buys coffee from a local kiosk, gas from a station employing local staff and milk from the corner store. This cycle contains the money within the Valley where it goes round and round,” she said.

Goodacre has some concerns about the success of small business in the current recession climate. “The goal is to keep them viable in these uncertain financial times. We are not out of the recession yet, a lot of indicators say we are still floundering,” she added.

She has some advice for business owners based on her bookkeeping background and extensive knowledge of cash flow projections. “Know exactly where you are now financially, get a good picture of where you want to be in five years and have a plan that lays out how you are going to get there. And don’t forget to plan for contingencies.”

To learn more about planning for business success, Goodacre will be a keynote speaker at the Comox Valley Home Based Business Association meeting at 6 p.m. Feb. 3 at the Best Western Plus Westerly Hotel.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

B.C. Finance Minister Selina Robinson outlines the province’s three-year budget in Victoria, April 20, 2021. (B.C. government video)
B.C. deficit to grow by $19 billion for COVID-19 recovery spending

Pandemic-year deficit $5 billion lower than forecast

Co-ordinator/founder David Clarke, right, is pictured with members of Comox Valley Street Outreach during Monday’s rig dig. Scott Stanfield photo
Comox Valley group aims to stop overdose deaths, reduce stigma

As the overdose crisis worsens throughout B.C., a local advocacy group is… Continue reading

London Drugs now taking COVID-19 bookings. Screenshot, London Drugs
Courtenay London Drugs now taking COVID-19 bookings

A number of locations in Western Canada selected to give vaccine

A wildfire has started near Gold River, and B.C. Wildfire Service crews are on scene. Photo courtesy Coastal Fire Centre
Wildfire burning in remote area near Gold River

Coastal Fire Centre investigating cause, but confirms it is human-caused

Volunteers paint the famous Denman Island Graffiti Fence with messages for Earth Week. Photo by Danni Crenna
Denman Island celebrates Earth Week

The Denman Island Climate Action Network (DICAN) has kicked off Earth Week… Continue reading

FILE – NDP Leader John Horgan, right, and local candidate Mike Farnworth greet one another with an elbow bump during a campaign stop in Coquitlam, B.C., on Friday, September 25, 2020. THE CANADIAN PRESS/Darryl Dyck
B.C. won’t be using random individual road stops to enforce travel rules: Safety Minister

Minister Mike Farnworth says travel checks only being considered at major highway junctions, ferry ports

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

The following is a list of restaurants offering take-out and patio dining. ADOBE STOCK IMAGE
List of Comox Valley restaurants offering take-out, patio dining options

Restaurants in the Comox Valley continue to adapt to government-imposed restrictions in… Continue reading

A man pauses at a coffin after carrying it during a memorial march to remember victims of overdose deaths in Vancouver. THE CANADIAN PRESS/Darryl Dyck
B.C. announces historic half-billion-dollar funding for overdose crisis, mental health

Of it, $152 million will be used to address the opioid crisis and see the creation of 195 new substance use treatment beds

Children’s backpacks and shoes are seen at a CEFA (Core Education and Fine Arts) Early Learning daycare franchise, in Langley, B.C., on Tuesday May 29, 2018. THE CANADIAN PRESS/Darryl Dyck
B.C. budget to expand $10-a-day child care, but misses the mark on ‘truly universal’ system

$111 million will be used to fund 3,750 new $10-a-day spaces though 75 additional ChildCareBC universal prototype sites over the next three years.

Mak Parhar speaks at an anti-mask rally outside the Vancouver Art Gallery on Sunday, Nov. 1, 2020. Parhar was arrested on Nov. 2 and charged with allegedly violating the Quarantine Act after returning from a Flat Earth conference held in Geenville, South Carolina on Oct. 24. (Flat Earth Focker/YouTube.com screenshot)
Judge tosses lawsuit of B.C. COVID-denier who broke quarantine after Flat Earth conference

Mak Parhar accused gov, police of trespass, malfeasance, extortion, terrorism, kidnapping and fraud

Ambulance paramedic in full protective gear works outside Lion’s Gate Hospital, March 23, 2020. Hospitals are seeing record numbers of COVID-19 patients more than a year into the pandemic. (The Canadian Press)
B.C.’s COVID-19 infection rate declines, 849 cases Tuesday

Up to 456 people now in hospital, 148 in intensive care

Most Read