How to Start a Business in Canada: A Step-by-Step Guide for New Entrepreneurs
Looking to start a business in Canada? This simple, step-by-step guide covers incorporation, legal requirements, digital presence, and branding—everything you need to launch your company the right way.
How to Start a Business in Canada: A Step-by-Step Guide for New Entrepreneurs
Thinking of Starting Your Own Business? You’re Not Alone.
Every year, thousands of Canadians take the leap into entrepreneurship. Whether you have a brilliant idea, a side hustle, or a full-scale business plan — turning it into a legal, functioning business takes the right guidance.
At 𝗟𝗼𝘁𝗵𝗮𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀, we specialize in helping entrepreneurs like you 𝘀𝘁𝗮𝗿𝘁 𝘀𝘁𝗿𝗼𝗻𝗴, 𝗴𝗿𝗼𝘄 𝗳𝗮𝘀𝘁, 𝗮𝗻𝗱 𝗯𝘂𝗶𝗹𝗱 𝘄𝗶𝘁𝗵 𝗰𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲.
Step 1 – Decide on Your Business Structure
Before anything, you’ll need to choose between:
- Sole proprietorship
- Partnership
- Corporation
A corporation gives you legal protection and tax advantages, but it also involves more formal setup. Our team at LBS Consulting can help you determine what’s right for your goals.
𝗦𝘁𝗲𝗽 𝟮 – 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗮𝗻𝗱 𝗜𝗻𝗰𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗬𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀
Incorporating in Canada requires:
• Naming your business (NUANS search)
• Filing incorporation documents
• Registering for taxes (GST/HST)
• Setting up a business number with CRA
𝗣𝗿𝗼 𝘁𝗶𝗽: Incorporating federally lets you operate across Canada, while provincial incorporation is great for local focus.
📌 We handle all of this for you — so you don’t lose time or money doing it wrong.
𝗦𝘁𝗲𝗽 𝟯 – 𝗘𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵 𝗬𝗼𝘂𝗿 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝗿𝗲𝘀𝗲𝗻𝗰𝗲
Today, your online presence 𝗶𝘀 𝘆𝗼𝘂𝗿 𝘀𝘁𝗼𝗿𝗲𝗳𝗿𝗼𝗻𝘁. You need:
• A professional website
• Google Business Profile
• Social media presence
• Email and communication systems
With 𝗟𝗕𝗦 𝗠𝗲𝗱𝗶𝗮, we offer full digital packages — including web design, SEO setup, content creation, and social media management — to help you look professional from day one.
𝗦𝘁𝗲𝗽 𝟰 – 𝗕𝘂𝗶𝗹𝗱 𝗮 𝗦𝘁𝗿𝗼𝗻𝗴 𝗕𝗿𝗮𝗻𝗱 (𝗢𝗳𝗳𝗹𝗶𝗻𝗲 𝗧𝗼𝗼!)
A solid brand makes you memorable. That includes:
• Your logo and colors
• Business cards, folders, and print materials
• Apparel if you’re in public-facing work
• Event or trade show presence
Our team at 𝗟𝗕𝗦 𝗣𝗿𝗶𝗻𝘁 & 𝗕𝗿𝗮𝗻𝗱𝗶𝗻𝗴 helps you build a physical identity that supports your digital growth.
𝗦𝘁𝗲𝗽 𝟱 – 𝗠𝗮𝗸𝗲 𝗜𝘁 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗮𝗻𝗱 𝗦𝘁𝗮𝗿𝘁 𝗦𝗲𝗹𝗹𝗶𝗻𝗴!
With your business structure, incorporation, website, and brand in place — it’s time to launch!
We’ll help you:
• Open a business bank account
• Get your first leads or clients
• Launch your marketing campaigns
Ready to start your business in Canada with confidence?
Book a free strategy call with our team today — and let’s build your success from the ground up.
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