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Home > Business Start-Up Check list for businesses within Ontario, Canada

Business Start-Up Check list for businesses within Ontario, Canada

Obtain a business license from the municipality where your business will operate

Obtain any necessary permits or licenses for your specific industry

Open a business bank account

Set up accounting software or hire an accountant

Secure financing or funding for your business

Create a budget and financial projections for your first year of operation

Secure a location for your business

Purchase or lease any necessary equipment or supplies

Set up utilities and internet service at your business location

Obtain insurance coverage for your business

Develop a marketing plan to promote your business

Create a website and social media accounts for your business

Design a logo and branding materials

Develop a pricing strategy for your products or services

Hire any necessary employees for your business

Develop job descriptions and employee policies

Set up payroll and benefits for your employees

Ensure compliance with employment standards and health and safety regulations

Develop a business plan outlining your goals and objectives

Create a product or service offering for your target market

Set up systems for inventory management and customer service

Establish relationships with suppliers and vendors for your business

Ensure compliance with Ontario's employment standards and workplace safety regulations

Comply with any industry-specific regulations or standards

File annual reports and taxes with the Ontario government

Stay informed about changes in regulations that may affect your business

Join local business organizations or chambers of commerce

Attend networking events and trade shows in your industry

Seek out mentors or advisors for guidance and support

Consider joining a business incubator or accelerator program for additional resources and support

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