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SMEs and growth: challenges and winning strategies

October 2015

Regardless of whether a business is seeking to make it past the start-up phase, satisfy a major increase in demand for its products and services, or strengthen its competitive position, growth is a vital step in the development of a small or medium-sized enterprise (SME).

How many Canadian SMEs are pursuing growth in Canada in 2015? What are the obstacles they face? And what are the most commonly used strategies for overcoming those obstacles?

This report looks at how Canada’s SMEs meet the challenges of growth and identifies four winning strategies that leading SMEs are using to achieve sustained growth.

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