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A special thank you to all small businesses in Penticton

Tag(s): Love Local, Working Here

To every small business owner throughout our community, we thank you! This week, we celebrate national Small Business Week (Oct. 17-23) with a tip of the hat to everything that you do.

This blog rounds up some interesting facts about doing business in Penticton, plus reminders about useful resources and a list of free events taking place this week.

Just the Facts

  • 3,458 licenced businesses as of Sept. 30, 2021
  • That’s a 5% increase from the same time last year (3,293)
  • 484 new businesses opened in Penticton in 2019-2020
  • 287,600 – total labour force in the Thompson-Okanagan economic region (2020)
  • 98 percent of businesses in B.C. are self-employed or small businesses with fewer than 50 employees.
  • There are more than 532,500 small businesses in B.C. (2020). Of these, 442,700 have fewer than four employees.

Sources: B.C. Small Business Profile 2020, City of Penticton

Resources for Local Businesses

Small Business Week Events

Small business owners from across the Okanagan-Shuswap region have the chance to participate in three days of development workshops and connect with peers from across the valley as Community Futures hosts a virtual version of Small Business Week events.

Oct. 20: Preparing for tax season.

Oct. 21: Digital marketing, crisis communication, marketing planning, digital tools and cyber-security for small business.

Oct 22:  Supporting your team during a pandemic, creating a workplace that people want to work in, managing bullying/harassment complaints and mental injury claims, managing a remote workforce, stress management.

Find out more

Live here

Experience the Penticton Advantage

Penticton is the business hub of the Okanagan-Similkameen region. While we’re known for our world-class wineries and deep roots in agriculture, our sectors are diverse and imaginative. Our resilient business economy includes a solid foundation of mature, multi-generational businesses as well as start-ups and newly relocated companies.

  • Our vibrant waterfront city is connected, entrepreneurial and innovative. Here are some of the benefits to doing business in Penticton.
  • It's the business hub of the South Okanagan, with more than 3,000 businesses serving 100,000 people throughout the region.
  • Air travel is easy through Penticton Airport, offering direct flights through four commercial carriers (Air Canada, WestJet, Pacific Coastal and Cascadia Air).
  • Penticton is ideally suited to Internet-based businesses, thanks to fast and dependable fibre optic speeds.
  • Penticton has a robust retail and hospitality trade plus an infrastructure of office supply and business support services.
  • The city offers a low tax rates for business and attractive economic incentives.
  • Penticton has a robust community of virtual/remote workers (and entrepreneurs). You can work from home, a local café or at a coworking office space.

Get social! Follow Start Here Penticton