Canada

Not Enough Time In The Day? Give Us A Call

Running a business and expanding internationally can be overwhelming. Let our experts take care of the complexities—so you can focus on what matters most.

Get Started

CANADIAN BUSINESS START UP PROCESS

1. Have a business plan

A business plan is a detailed written document that outlines your business goals, strategies for achieving them, financial projections, and the target market. It serves as a roadmap to help you set achievable objectives, secure external funding, track progress, define operational needs, and create accurate financial forecasts. Developing a solid business plan allows you to focus on how to effectively run your new venture and maximize its chances of success.
The strength of your business plan plays a critical role in obtaining financial support for your startup. Whether you’re seeking funding from investors or financial institutions, you must clearly demonstrate a comprehensive understanding of your business and its potential to generate profits.

2. Choosing a business name

Before registering your business, it’s important to choose a name that reflects your brand and appeals to your target market. A well-chosen name can serve as a powerful marketing tool, helping customers quickly grasp what your business offers and who it’s for. Here are some key points to keep in mind when naming your business:

Short names are easier for people to remember
Descriptive names give customers a clear idea of your products or services
Professional names help establish the image you want to present
Unique names reduce the risk of conflicts by ensuring the name isn’t already taken

3. Choosing a location

Choosing the right location is crucial for most businesses, as it can significantly impact your operations and success. An address is often required for business registrations, licenses, and permits. The ideal location will depend on your specific business needs, local zoning laws, and proximity to both customers and competitors. Other key factors to consider include taxes, noise levels, and the overall business climate of the area.

If you plan to operate your business from home, be sure to research and understand any regulations or restrictions that may apply to home-based businesses before getting started.