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Business Start-up
So You Want To Open Your Own Business
Starting a business is an incredibly exciting venture. You have a great idea, you know what you want to do and you have all kinds of energy to get it going.
Starting a business is also unbelievably filled with red tape. Save yourself stress down the road and let us help you at this all-important early stage. You take care of your exciting business. Let us help you with all the hoops through which you will have to jump.
See the checklist below for some of the many tasks and requirements you will need to consider when starting a business.
Then You Will Likely Have To Complete This To-Do List:
Determine how to invest in the company: loans vs. creating shares
Determine share-owners
Find a banker; negotiate loans and operating line of credit
Find a lawyer
Negotiate purchase
Negotiate a rental or lease agreement
Set up a Canada and Revenue Agency business number
Set up a GST number
Set up bank accounts
Get a business permit
Get insurance
Prepare incorporating documents
Set up a way to keep track of transactions
Hire staff
Know Workmens Compensation rules and the Labour Code
Set up payroll
Determine salary rates
Train employees in accounting, computers
YPM can smooth the way for you to complete all of it, from the mundane details to the many regulatory issues to the big decisions. |
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There are sites that can help you get started?
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For
more information on Business Start-up, please contact:
George Virtue at (403) 382-6800 (Lethbridge)
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To accomplish great things, we must
not only act, but also dream, not
only plan, but also believe.