How to Start a Small Business

Starting a small business can be a rewarding, yet challenging, endeavor. We're here to support your journey and help you get your business up and growing. If you're in the seed stage of starting a small business, the following resources may be helpful for you.

1. Start Writing a Business Plan

Writing out a business plan will help you zero in on ideas and aspects of the business that you may not have otherwise considered. Even if you're not seeking financing for your startup, a business plan is a helpful tool.

 

2. Research The Market

 

3. Decide On Your Business Structure

 

4. Seek Financing

 

5. Choose a Name for Your Business

6. Register Your Business.

 

7. Secure Your Online Presence

 

8. Register for PST and GST

  • Register for Provincial Sales Tax (PST) at gov.bc.ca/pst
  • Register for goods and services tax (GST) here.

 

9. Employees?

  • Other provincial, federal or local government registrations (www.bcbusinessregistry.ca)
  • If you plan to hire employees you need to register with WorkSafeBC
  • Need help finding the right people? The CEAS can help.

 

10. Investigate Additional Regulations and Requirements

 

11. Identify Permit and Licence Requirements 

 

 

Get Support From a Mentor 

 

Further Resources:

 

Need more advice after starting your business? Check out our membership page here.