Business Start-Up
​Every business and company starts somewhere. Set up can make a significant difference to your success, enjoyment of the process and how much it costs you. Just ask our clients.
About Business Start-Up Services
If you have a great business idea, and are full of motivation but are not quite sure where to start, we are here to make the process efficient and as seamless as possible.
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The process we typically follow with our clients from startup includes:
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Coffee and a donut, then....
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Decide: business or company and structure.
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Connect with a lawyer for legal documentation.
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Register either provincially or federally.
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Set up a CRA account.
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Register for GST, payroll, WCB and possible excise and PST.
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Determine your filing obligations.
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Set up an accounting software for ease of management, including integrated payroll, invoicing, banking, and more.
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Maintain the books monthly.
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File everything on time and avoid penalties.
If you are considering incorporating your current business, there are a number of important steps to take for this as well. For example, rolling over assets from your business or completing another full CRA setup. We have many clients that have made the transition to corporation and we look forward to helping you as well.