There are a number of regulations governing business in Canada. Generally, business licences in your local municipality may be necessary. You may require to register for GST, PST, Worksafe BC and/or have to deduct and submit payroll taxes. The FAQ link is an excellent source of general information on GST, PST, WorkSafe BC, import/export account, corporate income tax account and payroll tax account.
Individuals or businesses need information and ideas when starting, expanding or purchasing a business. Here is a sample of websites that provide useful information.
Developing a business plan is often the cornerstone to a successful business. A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.
Whether it is developing a business plan for a business start-up, purchase or whatever business activities you are involved with, access to a number of local government agencies and organizations may be necessary. These links will provide quick access to their websites and contact information.
Governments at the provincial and federal level are an excellent source of information and statistics for businesses. The following is a sample of these sources in Canada.
Market research to determine business viability is paramount for any business. The resources noted below are a sample of websites to gain good information. All are Canadian.
There are a host of commercial and personal lending institutions within the CFTC region. Your personal bank is always a good place to start. CFTC has a loan investment fund for businesses which may be an additional resource for your business.
The number of young entrepreneurs is growing in Canada. Often spawned by paper routes or basement businesses, young entrepreneurs have bold and innovative business ideas. Here are a few ideas of where they can gain additional information.
We often get requests for information relating to using music in your business in Canada. While we are not experts in this area we suggest you check out the Society of Composers, Authors and Music Publishers of Canada as they represent the Federal Copyright Law and issue music licences.
http://www.socan.ca
