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Starting a Bussines 101

In this book we are not going to take you through all the steps
required to legally set up your business. This information is readily,
and exhaustively, available through several federal and provincial
government websites, which guide you step-by-step through the
entire process.
Suffice it to say that the list of what you will need to do is long, and will include: deciding whether
your business will be a sole proprietorship, partnership or corporation; registering the name of your
company; registering for GST/PST/HST (depending on which province or territory your business is in);
registering for WCB/Worksafe; getting you local business licence; finding out what permits or licences
you will need for your specific business, and more.
It’s a lot of paperwork, but you only have to do it once and your accountant and lawyer will help you
if you get stuck. If you have enough start-up capital to pay professionals to do this for you, so much
the better

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