MAKE YOUR OWN BUSINESS PLAN.

CHOOSE A WINNING NAME, WHICH TRULY REPRESENTS YOUR BUSINESS.

CHOOSE STRUCTURE/FORM OF THE BUSINESS OWNERSHIP.

 APPLY FOR BUSINESS LICENSE AND CHECK IF THERE IS OTHER REGULATORY PROVISIONS APPLICABLE TO YOUR BUSINESS.

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FIND YOUR CASH FLOW REQUIREMENTS, OPERATING EXPENSES AND THE FINANCE REQUIRED.

GET REGISTERED FOR THE GST/HST OR PST/QST WHICHEVER APPLICABLE TO YOUR BUSINESS.

CONTACT YOUR INSURANCE AGENT TO KNOW IF YOU NEED BUSINESS/LIABILITY/LOSS OF REVENUE OR ANY OTHER TYPE OF INSURANCE TO SAVE YOU AGAINST UNEXPECTED INCIDENTS.

PREPARE TO HIRE EMPLOYEES AND KNOW YOUR STATUTORY LIABILITIES UNDER LABOUR ACT, WORKER’S COMPENSATION BOARD, EMPLOYEE INSURANCE AND INCOME TAX. PREPARE A CHECKLIST OF DOCUMENTS YOU NEED TO ASK ON HIRING A NEW EMPLOYEE.

DEFINE YOUR STRATEGY & OBJECTIVES AND PASS IT DOWN THE LINE.

SET YOUR RECORDS STRAIGHT FROM THE BEGINNING AND ANALYSE WHERE YOU ARE ON MONTHLY OR QUARTERLY BASIS.