{"id":21640,"date":"2024-08-09T14:42:01","date_gmt":"2024-08-09T18:42:01","guid":{"rendered":"https:\/\/cleanlist.ca\/?p=21640"},"modified":"2024-11-20T16:42:11","modified_gmt":"2024-11-20T20:42:11","slug":"cleanlist-reports-july-2024-new-businesses-in-canada","status":"publish","type":"post","link":"https:\/\/dev.presshero.co\/cleanlistnew.ca\/cleanlist-reports-july-2024-new-businesses-in-canada\/","title":{"rendered":"Cleanlist Reports July 2024 New Businesses in Canada"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"21640\" class=\"elementor elementor-21640\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1ce880b e-flex e-con-boxed e-con e-parent\" data-id=\"1ce880b\" 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-6492fc3 elementor-widget elementor-widget-text-editor\" data-id=\"6492fc3\" 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>Significant Month-to-Month Drop in New Business Launches \ud83d\ude80\ud83d\udcc9<\/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-03603fc e-flex e-con-boxed e-con e-parent\" data-id=\"03603fc\" 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-c2cdd6c elementor-widget elementor-widget-text-editor\" data-id=\"c2cdd6c\" 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>Cleanlist reports that 10,660 new businesses opened in July 2024 in Canada. This number decreased significantly from June 2024, resulting in a 64.3% decrease in new businesses month over month. Also, if we look at the number of new businesses opened this past July and compare it to last July (2023), we notice only a slight 16.3% decrease in business openings.<\/p><p>Additionally, we reported 11,336 businesses closing in July 2024, resulting in a minor 18.2% month-over-month decrease in closed businesses. If we compare the number of closed businesses in July 2024 to July 2023, we saw a major 89.2% decrease in closed businesses month over month. A win for business owners \ud83c\udf89<\/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-9abee1a e-flex e-con-boxed e-con e-parent\" data-id=\"9abee1a\" 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-eecbc21 elementor-widget elementor-widget-image\" data-id=\"eecbc21\" 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\/08\/2024-08-09-Canadian-New-Business.jpg\" class=\"attachment-medium_large size-medium_large wp-image-21654\" alt=\"Graph\" \/>\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-09807fb e-flex e-con-boxed e-con e-parent\" data-id=\"09807fb\" 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-3558c0a elementor-widget elementor-widget-text-editor\" data-id=\"3558c0a\" 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>What caused the sharp decline in new business openings from June to July 2024?<\/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-58aeee6 e-grid e-con-boxed e-con e-parent\" data-id=\"58aeee6\" 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-1cad6d1 elementor-widget elementor-widget-text-editor\" data-id=\"1cad6d1\" 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>The sharp decline in new business launches month over month definitely raises important questions. What happened and why the sudden shift? One could speculate that there are several factors that could be contributing to this trend. For instance, rising inflation, fluctuating interest rates and global economic instability could make business owners more cautious to take the leap. It\u2019s also important to note that the middle of the summer typically sees fewer business openings due to the fact that many people are on vacation and may not be eager to shop. Additionally, it could be that particular industries are oversaturated, leading to fewer entrants or that there\u2019s been a shift in consumer behaviour for particular products or services.<\/p><p>As you can see, there are many potential factors in play. While the decrease in closures is encouraging, the drop in new businesses could signal challenges ahead if the trend continues.<\/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-d385a69 e-flex e-con-boxed e-con e-parent\" data-id=\"d385a69\" 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-816c202 elementor-widget elementor-widget-text-editor\" data-id=\"816c202\" 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-002f317 e-flex e-con-boxed e-con e-parent\" data-id=\"002f317\" 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-c1c277f elementor-widget elementor-widget-text-editor\" data-id=\"c1c277f\" 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>New businesses are big spenders in several B2B 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.<\/p><p>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.<\/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>Significant Month-to-Month Drop in New Business Launches \ud83d\ude80\ud83d\udcc9 Cleanlist reports that 10,660 new businesses opened in July 2024 in Canada. This number decreased significantly from June 2024, resulting in a 64.3% decrease in new businesses month over month. Also, if we look at the number of new businesses opened this past July and compare it [&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":[100,99],"vertical":[],"topic":[],"solutions":[101],"class_list":["post-21640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-business-data","tag-datarelease","tag-newbusinesses","solutions-business-data-lists"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cleanlist Reports July 2024 New Businesses in Canada - Cleanlist<\/title>\n<meta name=\"description\" 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