Once the intellectual property has been secured and a business entity has been created, next comes the stage where one looks at developing a strong business plan. The shape of the company overall and how it will be managed going forth is an important decision. Whether the company will be a corporation, a sole proprietorship, or a partnership, the company will need to have a strong foundation to support its ongoing efforts. Your choice can also have an impact on liability and tax obligations, so it is important to choose wisely and do your research.
Business Plan Resources:
Smallbiztrends.com offers a free start-up cost calculator that can help you get a better idea of what your costs might look like. They also offer some excellent questions that a new entrepreneur needs to ask themselves as they establish what their organization will look like and how to take the next steps.
Offering free business consultations by appointment, the CBEC also has a library of resource materials and topical pamphlets. They also have support programs for businesses and young entrepreneurs. The CBEC also offers seminars and workshops as well as other opportunities for networking with the local business community.
A comprehensive collection of resources from the Government of Canada featuring information on permits, licenses, intellectual property, business support and how to sell to the Government.
A launchpad supporting local entrepreneurs through a network of community affiliates who can provide business advice, help guide ideas, and building a sound business plan.