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Following
are just few items, that one has to look
after very carefully when starting business
in Canada. This information is relevant
for business establishing in Ontario. For
other provinces, required information can
be accumulated from local Government agencies.
Essentials -
Business name, Business type (Sole Proprietor,
Partnership or Company), Business registration
Business
Plan -
Business plan is the mandatory tool and
must-have document for any kind of business.
If you are in manufacturing, servicing,
retailing or construction, you need a business
plan. Visit Interactive
Business Planner that will assist you
in creating one.
Financing
-
Where
to find financing for your business? Bank
Loan, Personal Saving, Equity financing,
etc. Contact various banks or BDC which
are popular choices to fund your business
with viable idea.
Canadian
Youth Business Foundation (CYBF) Loan Program
- The
Canadian Youth Business Foundation provides
loans of up to $15,000 to aspiring young
entrepreneurs who are between 18 and 34
and are most likely to succeed in creating
a business and for whom financial assistance
is critical. It is expected that the business
will provide full-time employment for yourself
and others. To ease the early stages of
business growth, loan repayments of three
or five years are available so that you
can stay focused on getting established.
For further information contact on (416)
408 2923 |