- Our Town
Business activity steady for most
Businesses in Summerland are continuing to hold their own or improve despite an ongoing economic slump, according to a recent business survey.
The survey, completed by 84 business owners in the community, showed 27.5 per cent of the 80 business owners who responded to the question saw business stay the same as last year. Another 13.8 per cent saw slight increases while 16.3 per cent saw slight decreases.
In addition, 13.8 per cent saw moderate increases while 10 per cent saw significant increases.
Those with moderate decreases accounted for 11.3 per cent of respondents while those whose sales decreased a great deal accounted for 7.5 per cent.
A total of 68.4 per cent of those who responded said their businesses are profitable.
Lisa Jaager, manager of the Summerland Chamber of Economic Development and Tourism, said the number of businesses making a profit is close to the number with websites. A total of 67.5 per cent of respondents have websites and 41.7 per cent use social media such as Facebook and Twitter.