SBRB Canada Small Business Confidence Index Study: Small Businesses Research Board Establishes Canada Small Business Confidence Index: Quarterly Study, Indicator to Provide Trend Data




    Initial Canada Small Businesses Confidence Index set at 45 according to
report prepared in conjunction with Integrated Business Analysis.

    TORONTO, September 24 /CNW/ - The Small Business Research Board (SBRB)
has established a Canada Small Business Confidence Index (SBCI) to help
determine and track trends shared by business owners and managers, it was
announced here today.

    Based upon the responses from more than 150 participants in the SBRB
poll, the initial Canada SBCI has been set at 45. This is the second
consecutive quarter that the SBRB, in conjunction with Integrated Business
Analysis (IBA) based here, has captured the opinions of small businesses in
Canada on such topics as the economy, revenue growth, hiring and significant
issues, among others. The universe of participants is developed from among
small businesses across Canada. The SBRB study is a voluntary survey conducted
via direct telephone contact.

    Had the SBRB established an SBCI as a result of the initial results
generated from the previous study completed during the second quarter, the
SBCI would have been set at 44. Projections about the strength of the economy,
revenues and hiring looking forward 12 months are the three key ingredients to
determining the SBCI and providing the basis for the quarterly and annual
comparisons.

    In that regard, 36% of the small business responding to the current poll
said they believe the economy will improve over the course of the next 12
months with 54% of the same respondents indicating that they are expecting
their revenues to increase during this period. Concurrently, 45% said they
plan to increase hiring.

    During the previous period, the small business participants had a
healthier opinion about the economy, with 42% expecting it to improve, an
equal percentage (54%) saying they believe revenues would increase, but far
fewer (36%) planning on increasing their staff levels.

    "The Small Business Research Board has had significant success
consistently utilizing its methodology to both track the opinions of small
business owners and managers. In addition, the SBRB accumulates real time
data, turning that which is synthesized into valuable management tools for
businesses -- especially those that don't often have access to such important
information," said Gregg M. Steinberg, President of IBA.

    "We are fortunate to be able to bring the SBRB resources to Canada,"
Steinberg added.

    The Small Business Research Board ascertains and reports the opinions of
small business owners and managers on a wide variety of topics related to
their own businesses as well as national and international issues that may
impact their operations. The SBRB conducts these studies for the benefit of
small business owners and managers. The SBRB also provides opportunities for
third parties to gain real time insight into the attitudes of small businesses
nationwide through the independently conducted research. The SBRB, based in
Northfield, Il., has conducted similar quarterly studies in the U. S. since
2004.

    The latest information about the Small Business Research Board can be
found at www.biznus.net/iba.

    Integrated Business Analysis, Inc. (IBA) along with affiliate companies
is the largest privately-held provider of management consulting services to
small and medium-size businesses in North America. The more than 1,800
professionals in North America offer a wide range of proven and innovative
methodologies to help businesses grow and prosper regardless of the economic
cycle. IBA either provides directly or through its affiliated companies a
comprehensive array of business advisory services, tax and estate planning
services or merger, acquisition and other financial advisory services in
Canada and the United States.

    Copyright 2007 Small Business Research Board (SBRB)

    The Small Business Research Board ascertains and reports the opinions of
small business owners and managers on a wide variety of topics related to
their own businesses as well as national and international issues that may
impact their operations. Participants in the poll provide feedback on
significant issues and allow for real-time insight into the state of small
businesses nationwide. The poll was structured and is supervised through an
independent resource using data collected from small businesses across Canada.

    For more information about this poll, results of previous studies or
other matters related to the SBRB, please contact Raymond D. Minkus, (847)
441-4192.

    
    Canada Small Business Research Board September vs. June 2007 Outlook

    Outlook for the general economy during the next 12 months
                                        September 2007     June 2007
    Better                                   36%              42%
    Worse                                    21%              15%
    No Change                                43%              43%

    Revenue expectations for next 12 months
                                        September 2007     June 2007
    Increase of 10% or more                  34%              35%
    Increase of less than 10%                20%              19%
    Will be about the same                   40%              40%
    Decrease of less than 10%                 4%               2%
    Decrease of 10% or more                   3%               4%

    Expect to hire new employees during next 12 months
                                        September 2007     June 2007
    Increase hiring                          45%              36%
    Decrease workforce                        7%               5%
    Remain the same                          36%              52%
    Unsure                                   13%               6%

    some totals may not equal 100% as the result of rounding.
    (C) 2007 Small Business Research Board
    




For further information:

For further information: for Small Business Research Board Raymond D.
Minkus (847) 441-4192 rdm@minkuspr.com

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