What does it take to open up a Small Business in Canada?

Being a small business owner in Canada involves several steps and considerations. Here are some key points to keep in mind:

Small Business checklist

  1. Business Idea and Plan
  2. Business Structure
  3. Business Name
  4. Business Registration
  5. Permits and Licenses
  6. Business Finances
  7. Funding: Insurance
  8. Hiring Employees
  9. Taxes:
  10. Marketing and Branding
  11. Compliance and Regulations
  12. Networking: Growth and Expansion
  13.  Resources and Support: Take advantage of government resources and support services available to small business owners in Canada. This includes programs from the Business Development Bank of Canada (BDC) and the Canadian Small Business Financing Program.

Remember that the specifics of running a small business in Canada may vary depending on your location and industry. It’s important to do thorough research, seek professional advice, and stay informed about changing regulations and trends in your sector.

If you are a Small Business Owner and have a story to share, connect with us! Talk about your journey and inspire many new immigrants to take the plunge. 

#immigrants #smallbusinessowner #Canada

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