AGP Executive Report
Last update: 8 hours agoSmall-Business Week: Saskatchewan says small firms make up 98.8% of its businesses, employ about 30% of the workforce and paid $8.3 billion in wages. The province highlights its 1% small-business tax rate and higher income threshold. Founder Story: Rachel Watkyn turned a search for ethical packaging into Tiny Box Company, now reporting £10 million in annual turnover. She took £60,000 from Dragons’ Den investors for a 40% stake. Cross-Border Cover: Irish businesses taking work abroad should check their public liability policy: one insurer says its cover extends to Northern Ireland, the UK and other listed territories, but claims rules can vary. Funding and Support: The US SBA awarded $5.3 million to expand support for women entrepreneurs, while Nigeria’s Moniepoint says it disbursed more than ₦1 trillion in small-business credit in 2025. Costs and Compliance: Small firms face pressure from inflation, tariffs and fuel costs, while EU lawmakers backed simpler waste-compliance rules to ease the burden. Cybersecurity: New partnerships in South Korea and Bahrain aim to strengthen cybersecurity support for small and medium-sized businesses.
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