Page 6 - January2019Spectrum_Neat

Women Lead in Business

A Publication of
While the Cambridge Chamber of Com- thinking?”
merce celebrates our women in busi-
750 Hespeler Road ness every day of the year, January is Surely, when you’re evaluating the val-
Cambridge, ON N3H 5L8
Tel: 519-622-2221 Fax: 519-622-0177 our opportunity to highlight the impact ue proposition of an investment in a
www.cambridgechamber.com the incredible leadership we have in business, you would think trending sta-
Executive Committee our community that comes from our tistical data would drive the decision

Nicole Pereira - Chair Women in Business. but apparently not!
Cambridge Centre Honda
chair@cambridgechamber.com
Lorne Wallace - Incoming Chair We are so pleased to highlight some of I talk a lot about international trade
Lone Wolf Technologies
Stephen Witteveen - Past Chair these incredible women in this month’s and how we do not live in a bubble any
Pavey Law LLP
Terry Kratz - Treasurer edition of Spectrum. While the articles longer; we are a net export country.
Hemmerich, Flanagan, Kratz, McRae & Wilson LLP focus on their success in business, Our Federal Governments of the past
Muuray Smith - Executive
The Achievement Centre they also showcase how these women two decades have worked diligently to
Darren Drouillard - Executive
Powerline Logistics Services Inc. go above and beyond in giving to their open new markets so we can diversify
community in a way that helps us all. our export economy away from simply
Directors looking south of the border. However,
Kristen Danson - MitoGraphics Inc
Mike Doersam - Vision Travel Solutions Firstly, let’s look at the statistics to female business owners are statisti-
Rena Hawkins - H-4 Logistics Inc better understand why it’s so impor- cally less likely to trade internationally.
Sarah Hughes - Energy+ Inc. tant that we continue to heighten the Some of that might be considered obvi-
Dr. John Tibbits - Conestoga College
Jason Warmington - Hallink RSB awareness of these champions in busi- ous because most women-owned busi-
ness. With 47% of Canadi- nesses are in the retail and
an SME’s (small and me- service sectors, suggesting
dium enterprises) being they might be looking at lo-
Staff
Greg Durocher - President & CEO partially or solely owned cal trade. However, we know
president@cambridgechamber.com by women, it’s no sur- Amazon, eBay and other
Scott Bridger - V.P. Membership Services and Engagement prise that the proportion e-commerce sites extend
Brandi Sinclair - Business Development Manager
Lisa Durocher - V.P. Marketing, Events and Member Enrichment of women-owned busi- their reach beyond our bor-
Melissa Davidson -Event Enrichment Manager nesses that plan to ex- ders and routinely offer the
Hayley Davidson - Member Enrichment Advocate pand is higher than men. opportunity to trade inter-
Melissa Horton - Marketing Coordinator
Wendy Meecham- Relationship Manager They are job creators, nationally. I often wonder
Jeanette Mahoney - Visitor Services Supervisor meaning that the majority if there is a perception that
Donna Gravelle - Physician Recruitment
doctors4cambridge.com of female-owned firms with growth in- the world views a woman-owned busi-
tentions are significantly more active in ness differently. That would be a shame,
Spectrum is published four times per year by the Cambridge
Chamber of Commerce and distributed to all Chamber members. hiring new employees than the majority but we shouldn’t ignore that possibility
Opinions expressed in this publication are those of the authors and
do not necessarily reflect the policy of the Cambridge Chamber of of male-owned firms. The average net because we’ll never solve it.
Commerce, Spectrum, its publishers or employees. The Chamber
cannot be held responsible for any errors or omissions that may profit before tax of female-owned busi-
occur in this publication. The sale of advertising space in Spectrum
does not constitute endorsement by the Chamber. Spectrum reserves nesses has increased from 52% to 89% We are often told by politicians and
the right to edit any material submitted.
of male-owned business profits. others touting the greatness of oppor-
Find us on: tunity in some European countries like
Women-owned businesses are gener- Denmark, Finland and New Zealand,
Cambridge Chamber twitter.com/My_Chamber
of Commerce ally more profitable, especially in the that they have a “happier” workforce
early stages of the business because and better opportunities for business
they are more intent on growing their growth. Interestingly, Canada is far
Cambridge Chamber cambridge_chamber business, more committed to provid- more advanced in female entrepre-
of Commerce
ing a good work environment than their neurship than any of those countries.
Design & Layout Printed by: male counterparts and more diligent In spite of that, we have a long way to
in pursuing success. Yet, they are less go in order to ensure our own economic
likely to get approved financing for well-being. We all know that financing
business growth than men. The obvious a business is a huge challenge, may-
www.cambridgechamber.com www.advanceprinting.ca
question would be, “What are the banks be for good reason but in many cases

6 www.cambridgechamber.com
Winter 2019