The Canadian's Guide to Starting a Small Business
2nd Edition
Book
Hardback
208 pages
978-1-119-89267-0 (ISBN)
Description
Start Up Successfully, The Canadian Way
Congratulations! You've got big dreams and you're looking to make those dreams a reality. In this updated edition of The Canadian's Guide to Starting a Small Business, an entrepreneurship expert walks you through the how, what, and why of starting a small business in Canada. Discover how to take advantage of the resources the Canadian government makes available to launch your business idea and how to navigate the regulations and legislation that govern your chosen industry.
- Decide whether small business ownership is aligned with your personality and goals
- Determine how much start-up capital you'll need, what form it should take, and where to get it.
- Maximize work from home or space-sharing and avoid social isolation
- Figure out all the legal requirements, from licenses to permits and taxes
- Navigate the digital business arena, build your website, and generate social media buzz
Congratulations! You've got big dreams and you're looking to make those dreams a reality. In this updated edition of The Canadian's Guide to Starting a Small Business, an entrepreneurship expert walks you through the how, what, and why of starting a small business in Canada. Discover how to take advantage of the resources the Canadian government makes available to launch your business idea and how to navigate the regulations and legislation that govern your chosen industry.
- Decide whether small business ownership is aligned with your personality and goals
- Determine how much start-up capital you'll need, what form it should take, and where to get it.
- Maximize work from home or space-sharing and avoid social isolation
- Figure out all the legal requirements, from licenses to permits and taxes
- Navigate the digital business arena, build your website, and generate social media buzz
More details
Other editions
Previous edition
The Experts at Dummies
The Canadian's Guide to Starting a Small Business, Indigo Exclusive
Book
07/2019
1st Edition
Wiley
€19.83
Article exhausted; check for reprint
Person
ANDREW DAGYS, CPA, CMA, is a professional accountant and the bestselling author of more than a dozen books on investing, financial planning, and technology.
Content
1 Do You Have the Right Stuff? 1
The Pros and Cons of Small Business Ownership 2
How to Know If You Have the Small Business Personality 7
Other Factors to Consider Before Starting Your Business 12
If and When to Give Up Your Day Job 18
2 Seeking Out Helpful Business Information 21
Basic Business Information 21
Information Geared to Your Specific Business 31
Essential Business Skills 35
3 Choosing a Product or Service 39
How to Develop a Product or Service with a Market in Mind 39
The Best Route to Your Target Market 50
How to Price Your Product or Service 52
Whether You Should Consider a Franchise 57
4 Considering a Cannabusiness 63
How to Determine If You Have What It Takes 64
Helpful Business Information 66
How to Get Clear on Your Big Product or Service Idea 84
5 Figuring Out Finances 89
Your Business Needs Capital 89
How Much Your Business Will Need to Operate 92
Sources of Financing for a Start-Up Operation 98
How to Apply for Money 120
6 Writing a Business Plan That Gets You Money 121
What Goes into a Business Plan 121
A Statement of How Much You Want (Your Objective) 124
A Description of Your Business 125
A List of References 138
Help for Your Business Plan 139
7 Other Important Considerations 141
Should You Go Alone or Take on a Copilot? 142
Should You Incorporate? 144
Your Choices If You're the Only Owner 146
Other Legal Requirements 149
The Concept of Working from Home 152
The Use of Real Business Premises 165
Insurance: How to Transfer Your Risks to Somebody Else 169
Different Insurance Policies 173
8 Making a Marketing Buzz 177
A Website of Your Own 177
Using Social Media to Market Your Business 189
The Pros and Cons of Small Business Ownership 2
How to Know If You Have the Small Business Personality 7
Other Factors to Consider Before Starting Your Business 12
If and When to Give Up Your Day Job 18
2 Seeking Out Helpful Business Information 21
Basic Business Information 21
Information Geared to Your Specific Business 31
Essential Business Skills 35
3 Choosing a Product or Service 39
How to Develop a Product or Service with a Market in Mind 39
The Best Route to Your Target Market 50
How to Price Your Product or Service 52
Whether You Should Consider a Franchise 57
4 Considering a Cannabusiness 63
How to Determine If You Have What It Takes 64
Helpful Business Information 66
How to Get Clear on Your Big Product or Service Idea 84
5 Figuring Out Finances 89
Your Business Needs Capital 89
How Much Your Business Will Need to Operate 92
Sources of Financing for a Start-Up Operation 98
How to Apply for Money 120
6 Writing a Business Plan That Gets You Money 121
What Goes into a Business Plan 121
A Statement of How Much You Want (Your Objective) 124
A Description of Your Business 125
A List of References 138
Help for Your Business Plan 139
7 Other Important Considerations 141
Should You Go Alone or Take on a Copilot? 142
Should You Incorporate? 144
Your Choices If You're the Only Owner 146
Other Legal Requirements 149
The Concept of Working from Home 152
The Use of Real Business Premises 165
Insurance: How to Transfer Your Risks to Somebody Else 169
Different Insurance Policies 173
8 Making a Marketing Buzz 177
A Website of Your Own 177
Using Social Media to Market Your Business 189