Starting a Business
Starting a Business
Whether you are starting from scratch, or buying some or all of an existing business, there should be many things on your “to do” list. You will also need professional advice, along the way, and a professional accountant is the first advisor you should see. One of our professionals would be happy to advise you, and help draft your “to do” list. Some of the likely topics are shown below.
- Ownership and Structure (proprietor, partnership, corporation)
- Bylaws, agreements, operating and governance agreements
- Government registrations such as CRA Business Number, GST, Payroll, PST, WCB
- Bank account and credit facilities
- Insurance coverage, requirements, optional coverage
- Accounting and information systems, software, controls and processes
- Tax planning, management remuneration