{"id":20912,"date":"2024-06-10T16:26:20","date_gmt":"2024-06-10T20:26:20","guid":{"rendered":"https:\/\/cleanlist.ca\/?p=20912"},"modified":"2024-10-30T10:49:43","modified_gmt":"2024-10-30T14:49:43","slug":"cleanlist-reports-may-2024-new-businesses-in-canada","status":"publish","type":"post","link":"https:\/\/dev.presshero.co\/cleanlistnew.ca\/cleanlist-reports-may-2024-new-businesses-in-canada\/","title":{"rendered":"Cleanlist Reports May 2024 New Businesses in Canada"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20912\" class=\"elementor elementor-20912\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b5c8a62 e-flex e-con-boxed e-con e-parent\" data-id=\"b5c8a62\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ce14d60 elementor-widget elementor-widget-text-editor\" data-id=\"ce14d60\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><span style=\"font-weight: normal;\">New Business and Closed Business Figures Plummet in May<\/span><\/h3>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b79eed8 e-flex e-con-boxed e-con e-parent\" data-id=\"b79eed8\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6bb736c elementor-widget elementor-widget-text-editor\" data-id=\"6bb736c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Cleanlist reports that 16,323 new businesses opened in May 2024 in Canada. This number drastically dropped from April 2024, resulting in a 64.1% decrease in new businesses month over month. However, the number of new businesses opened in May 2024\u00a0 is similar to May 2023 with only a slight increase of 4.6%.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">In terms of businesses closed, we also saw a significant decline resulting in only 4403 businesses closed in May 2024, 85.7% less than April 2024. When comparing this to the number of businesses we reported closing in May 2023, we also saw a notable decrease of 66.3%<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a19de31 e-flex e-con-boxed e-con e-parent\" data-id=\"a19de31\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a197b67 elementor-widget elementor-widget-image\" data-id=\"a197b67\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/dev.presshero.co\/cleanlistnew.ca\/wp-content\/uploads\/2024\/06\/2024-06-10-Canadian-New-Business.jpg\" class=\"attachment-medium_large size-medium_large wp-image-20920\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1994639 e-grid e-con-boxed e-con e-parent\" data-id=\"1994639\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-166be0a elementor-widget elementor-widget-text-editor\" data-id=\"166be0a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h4>Why are business owners being cautious this May?<\/h4><p><span style=\"font-weight: 400;\">We suspect Canada\u2019s strong labour market is making potential entrepreneurs second guess their business ventures. Additionally, venture capital deals have also declined, as investors are becoming more cautious in their investments, impacting a lot of aspiring entrepreneurs.<\/span><\/p><p><span style=\"font-weight: 400;\">According to a recent article by <\/span><a href=\"https:\/\/thefutureeconomy.ca\/op-eds\/canadian-entrepreneurship-jeff-coull-northwestern-ontario-innovation-centre\/#:~:text=Strong%20Labour%20Market,1992%20until%202023%20was%202.27%25.\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">The Future Economy<\/span><\/a><span style=\"font-weight: 400;\">, \u201c<\/span><span style=\"font-weight: 400;\">Globally, Q3 of 2023 saw the number of global funding deals decrease for the sixth consecutive quarter (-11% to Q2), while the dollars invested actually increased, meaning there were fewer but larger deals. In Canada, the number of deals decreased by 28% with the dollars decreased by a staggering 55%.\u201d When you pair a strong labour market with declined VC activity, the large decline in the number of new businesses and the number of closed businesses in May 2024 starts to make a lot more sense.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aef070c elementor-widget elementor-widget-image\" data-id=\"aef070c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/dev.presshero.co\/cleanlistnew.ca\/wp-content\/uploads\/2024\/06\/2024-06-10-Canadian-New-vs-closed-Business.jpg\" class=\"attachment-large size-large wp-image-20921\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a38b1f2 e-flex e-con-boxed e-con e-parent\" data-id=\"a38b1f2\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0986866 elementor-widget elementor-widget-text-editor\" data-id=\"0986866\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><span style=\"font-weight: normal;\">Why New Business Start-ups Matter to You<\/span><\/h3>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1e4b397 e-flex e-con-boxed e-con e-parent\" data-id=\"1e4b397\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f126fc8 elementor-widget elementor-widget-text-editor\" data-id=\"f126fc8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">New businesses are big spenders in several <\/span><span style=\"font-weight: 400;\">B2B<\/span><span style=\"font-weight: 400;\"> categories including office supplies, technology (computers, software, etc.), credit cards and financial services, furniture and fixtures, marketing and advertising, office space, insurance (business insurance, liability insurance), legal, accounting, and other professional services, employment recruiting and advertising, employee benefit programs, travel and transportation, raw materials and inventory, equipment, training and staff development, website development services, internet and telecommunication services, office maintenance and cleaning.<\/span><\/p><p><span style=\"font-weight: 400;\">Companies that supply these products and services have an opportunity to quickly establish relationships with new start-ups and become their go-to supplier as they expand and grow. Savvy marketers know this and are quick to engage with these businesses.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-515960a e-flex e-con-boxed e-con e-parent\" data-id=\"515960a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d18128e elementor-widget elementor-widget-text-editor\" data-id=\"d18128e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><span style=\"font-weight: normal;\">How to Get Started<\/span><\/h3>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4608f71 e-flex e-con-boxed e-con e-parent\" data-id=\"4608f71\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bb3e9dc elementor-widget elementor-widget-text-editor\" data-id=\"bb3e9dc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Cleanlist compiles and organizes new business formation <\/span><span style=\"font-weight: 400;\">data<\/span><span style=\"font-weight: 400;\"> daily for every province in Canada. The data includes business name and address, the industry code (both NAICS and SIC), website URL, tele<\/span><span style=\"font-weight: 400;\">phone<\/span><span style=\"font-weight: 400;\"> number, <\/span><span style=\"font-weight: 400;\">email<\/span> <span style=\"font-weight: 400;\">address<\/span><span style=\"font-weight: 400;\">, number of employees and annual revenue. Clients can subscribe to the data and receive a feed of new business startups every month. The data feed can cover all businesses in Canada or be filtered to meet specific target market criteria. Cleanlist would be happy to provide you with estimated new business counts and a data licensing proposal.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>New Business and Closed Business Figures Plummet in May Cleanlist reports that 16,323 new businesses opened in May 2024 in Canada. This number drastically dropped from April 2024, resulting in a 64.1% decrease in new businesses month over month. However, the number of new businesses opened in May 2024\u00a0 is similar to May 2023 with [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":23204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[108],"tags":[],"vertical":[76,70,72,77,79],"topic":[],"solutions":[101],"class_list":["post-20912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-business-data","vertical-business-services","vertical-financial-insurance-services","vertical-marketing-service-providers","vertical-not-for-profit","vertical-utilities","solutions-business-data-lists"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - 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