5 Reasons to Consider Self-Employment in Rural BC
You don’t have to live close to a big city or town to start your own business, or buy an existing business – there are plenty of reasons why being an entrepreneur in small town BC can be rewarding, both financially and in terms of your career. Here are five things to consider:
- There’s a lot to be said for being a big fish in a small pond – you will be supporting your local community and be looked up to as a business leader, rather than being small fry (pun intended) in a big city. You will get to know your customers more and it’ll be far easier to build a loyal customer base.
- You may be thinking that there is limited business in a small town, but here’s the thing – commercial space often costs less, and the overall cost of living compensates at least in part for lower sales. Not only that, small towns almost always have a selection of small businesses for sale at very reasonable prices that can give you a head start on becoming self-employed.
- Your financial risk is often lower in a small town. In larger towns and cities you’ll probably have to commit to longer leases, and the more business you expect the larger the inventory you’ll need to carry, the more staff you’ll require, and that all means increased financial exposure.
- It’s a slower pace of life out in our rural community – you’ll feel more in control of your life. Being self-employed in rural BC means living in a place “where everyone knows your name” – and you’ll be on first name basis with your customers. And – consider the non-commute!
- Rural communities invest in themselves and their futures – being an integral part of the growth and sustainability of your town can be incredibly rewarding and fulfilling. Being self-employed in rural BC means you can actually make a difference.