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Step 1—What to do before starting a business

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June 13, 2010

Step 1–What to do before starting a business

If you're just starting out, the Starting a Business section from Canada Business is a one-stop introduction to starting a business.

Self assessment

Are you the entrepreneur type?

Will it be profitable?

You may have great ideas and talent, but you should do a quick check of how much it will cost to set up your business and when you can expect it to make a profit (your breakeven point). This start-up costs calculator can help.

  • At this point, it's fine to estimate your expenses. For inspiration, check out these example business plans (See Step 2 to find out more about business plans).

Explore ideas

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