Difference between revisions of "Starting a Small Business"

Jump to navigation Jump to search
Line 71: Line 71:


==Other government regulations and requirements may apply too==
==Other government regulations and requirements may apply too==
*Licences and registrations:  Some businesses cannot be carried on at all unless you’re legally qualified to do so. For example, you can't start up a real estate agency unless you’re licensed. So make sure you have any special licenses or registrations that are required for your particular business.
*'''Licences and registrations''':  Some businesses cannot be carried on at all unless you’re legally qualified to do so. For example, you can't start up a real estate agency unless you’re licensed. So make sure you have any special licenses or registrations that are required for your particular business.
*Employee rules:  If you have employees, you’ll have to set up accounts with the Canada Customs and Revenue Agency (or CCRA) for withholding taxes, Canada Pension Plan (or CPP) deductions, and Employment Insurance (or EI) premiums. You may also have to establish accounts for the Good and Services Tax and Provincial Sales Tax remittances and Workers Compensation Board contributions.
*'''Employee rules''':  If you have employees, you’ll have to set up accounts with the Canada Customs and Revenue Agency (or CCRA) for withholding taxes, Canada Pension Plan (or CPP) deductions, and Employment Insurance (or EI) premiums. You may also have to establish accounts for the Good and Services Tax and Provincial Sales Tax remittances and Workers Compensation Board contributions.
*Zoning and bylaws:  Do you know where you’ll be located? Some types of business can't be operated in certain areas because of zoning by-laws. If you're planning to run your business from home, be sure to check the by-laws at your local city hall, and if you live in a condominium, look at the strata corporation by-laws as well. As for commercial premises, just because someone is willing to sell or rent space to you doesn't mean that the property meets all zoning requirements for the business you have in mind. Check this out yourself at your town or city hall
*'''Zoning and bylaws''':  Do you know where you’ll be located? Some types of business can't be operated in certain areas because of zoning by-laws. If you're planning to run your business from home, be sure to check the by-laws at your local city hall, and if you live in a condominium, look at the strata corporation by-laws as well. As for commercial premises, just because someone is willing to sell or rent space to you doesn't mean that the property meets all zoning requirements for the business you have in mind. Check this out yourself at your town or city hall
*Building permits:  If you're going to renovate the premises, you'll need a building permit. If you're renting commercial space you'll probably have to pay at least a share of all municipal assessments on the premises, including a business tax over and above your rent. Make sure you get your lawyer to review your lease agreements before signing them.
*'''Building permits''':  If you're going to renovate the premises, you'll need a building permit. If you're renting commercial space you'll probably have to pay at least a share of all municipal assessments on the premises, including a business tax over and above your rent. Make sure you get your lawyer to review your lease agreements before signing them.
*Other regulations:  Depending on the business you're in, your product or service may be subject to certain regulations. Some products have labeling requirements and door-to-door sales are subject to regulation, just to give two examples.
*'''Other regulations''':  Depending on the business you're in, your product or service may be subject to certain regulations. Some products have labeling requirements and door-to-door sales are subject to regulation, just to give two examples.


==Where can you get help or find more information?==
==Where can you get help or find more information?==
3,009

edits

Navigation menu