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Sonia Singh

Smokin’ ACEs help revive local business

April 14, 2008

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A team of business students in the SFU chapter of Advancing Canadian Entrepreneurship (ACE) Canada has helped a struggling local entrepreneur turn her business around.

Each semester, ACE members spend their extracurricular time helping a Whalley-area small business owner stay afloat. This semester they worked with Sonia Singh, owner of urban clothing company Phat Fixx.

Phat Fixx had been experiencing high employee turnover and was having difficulties recruiting the right people, says ACE SFU project director Ashish Gurung. The company was also unfamiliar with issues related to employment standards and practices.

After implementing the ACE SFU team’s recommendations, Phat Fixx’s revenues increased 50 per cent, expenses decreased 15 per cent and employee satisfaction soared.

“I have experience running a business,” says Singh. "But with the education that this student team has given me I can now reach new heights in my business and life.”

ACE Canada is a national charitable organization that both teaches and challenges post-secondary students to make a meaningful contribution in their community.

Phat Fixx is one of numerous community projects the ACE SFU chapter has tackled as a participant ACE’s team-based Students in Free Enterprise program. The program encourages students to create economic opportunity in their communities by teaching others about market economics, entrepreneurship, success skills, financial literacy and business ethics.
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