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.
- Use Futurepreneur's interactive Business Plan Writer online tool
2. Research The Market
- Explore the Village of Cumberland
- Not sure where to start? Check out this practical guide on how to do market research from BDC.
- Check out the Resources section for market information from Vancouver Island Real Estate Board
- Learn about the community through the Comox Valley Regional District
- Regional research reports from Destination BC
3. Decide On Your Business Structure
- Definitions of the different business structures
- Understanding the different business structures
4. Seek Financing
- In the tech industry? Try Innovate BC
- Business grants and financing information from the Government of Canada
5. Choose a Name for Your Business
6. Register Your Business.
7. Secure Your Online Presence
- Launching a Website and Getting Your Business Online with Small Business BC
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
- at bizpal.ca
- Liquor and Cannabis Regulation Branch
- Business Licenses: Courtenay, Comox, Cumberland
Get Support From a Mentor
Further Resources:
Need more advice after starting your business? Check out our membership page here.