Start your business
Are you looking to start your own business? There’s a lot you need to know about launching a company—from writing a convincing business plan to securing the right amount of financing. By making informed decisions you can turn your business ideas into a reality.
What challenges are you facing?
Read on to learn more about starting a business.
What does it take to be an entrepreneur?
As the bank for Canadian entrepreneurs, we know what it takes for you to become an entrepreneur in today’s competitive market.
- Bringing the army work ethic to entrepreneurship
- From world champion to serial entrepreneur
- How an entrepreneur built a business with a unique product
- How this entrepreneur risked it all to build a thriving business
- Inspiring by design: How passion fueled this entrepreneur’s vision
- 9 common mistakes to avoid when starting a new business
- Entrepreneur styles: Planners versus visionaries
- How to start a business in Canada
- Turning your idea into a successful business
- How to become an entrepreneur: Do you have what it takes?
What do I need to do before starting a business?
Rule No. 1: It's not enough to simply have a good idea to start a business. Successful entrepreneurs must first look at the market and plan realistically to achieve their objectives.
- 3 tips for starting a business as an immigrant to Canada
- How to determine your new company’s financial needs
- 6 smart tips for managing a start-up
- Step 1—What to do before starting a business
- 7 tips for starting a business successfully
- 6 ways to balance business acumen with creativity
- Starting a small business: 7 steps to success
How do I prepare a business plan?
Every ounce of work at the planning stage is worth pounds of success at the execution stage. For a new business, it all comes together in a business plan.
- 6 steps to making financial projections for your new business
- How to avoid common mistakes when building your business plan
- Entrepreneur makes the trek to a global brand
- Step 2—Prepare a winning business plan
- Starting a business? Understand these 6 areas of business management
- How to pitch your business plan
- How to put customers first in your new business
- How to write a business plan
How do I get my business up and running?
Getting a business off the ground can be a real challenge for even the most zealous start-ups, but the right mix of business acumen and creative thinking can help you secure a foothold in your market.
- Video— A people-centric approach: Law firm thrives with a compassionate practice and workplace
- Young entrepreneurs: 5 lessons you don’t want to learn the hard way
- What you need to consider before forming a joint venture
- Choose the right structure for your business
- When does a new business need a licence, permit or registration?
- Step 3–Get your new business off the ground
- The advantages of incorporating
How do I finance my new business?
Access to start-up financing is essential for most new businesses, but for many entrepreneurs just starting out, their biggest challenge is getting adequate financing.
- How research can help you get a start-up business loan
- How to pitch your business to venture capital investors
- Personal or business loan: Which one best suits your needs
- 9 steps to finding angel investors for your business
- How to get a business loan to start your new company
- 4 factors that could affect financing your start-up
- How to find the optimal financing mix for your business
- Video— How to get financing for your start-up
- 7 sources of start-up financing
- From our blog— Are Canadian corporations investing enough in venture capital?
What do I do after I start my business?
When entrepreneurs go into business, they are naturally focused on their first weeks and months, but they should always take the time to sit down and think about future growth.
- Sweet success: Single mom recovering from accident creates award-winning bakery
- How to use a cash flow planner to manage your working capital
- How to account for assets and expenses in your start-up
- Step 5–Your new company's first year
- How a cheese merchant built a thriving business by listening to customers