Checklist for Starting a Business in Canada

Checklist for Starting a Business in Canada

Checklist for Starting a Business in Canada

Table of Contents

  1. Introduction
  2. Research and Business Planning
  3. Legal Requirements
  4. Financing Your Business
  5. Building Your Network
  6. Useful Links

1. Introduction

Starting a business in Canada can be an exciting venture for newcomers. With a supportive ecosystem and resources, entrepreneurs can thrive in this new environment.

2. Research and Business Planning

Create a robust business plan that outlines your goals, target market, and funding needs. The Business Development Bank of Canada (BDC) offers free planning tools.

3. Legal Requirements

Register your business name and apply for necessary licenses. Learn about incorporation and taxation through Canada Revenue Agency (CRA).

4. Financing Your Business

Look into newcomer-friendly loans offered by organizations like Futurpreneur Canada or programs like Start-Up Visa.

5. Building Your Network

Join local business associations like the Canadian Immigrant Business Network or attend networking events hosted by your local Chamber of Commerce.

6. Useful Links