Small Business BC | Tel: 604-775-5525 | 1-800-667-2272 | Email: askus@smallbusinessbc.ca | Web: smallbusinessbc.ca
EVALUATE YOUR IDEA
Is your idea feasible? Can you make money from
this venture?
Small Business BC has tools to help you assess the
viability of your idea including general startup consultations.
For more information call 604-775-5525 or 1-800-667-2272,
or visit smallbusinessbc.ca.
MARKET RESEARCH
Test the viability of your idea by researching the
market, industry and competition.
Small Business BC offers Market Research services
including coaching and education.
For more information call 604-775-5525 or 1-800-667-2272,
or visit sbbc.co/marketresearchadvice.
DEVELOP A BUSINESS STRATEGY
This is an essential step and critical for the planning
and success of your business.
Small Business BC offers Business Plan Advisory services
to provide feedback on your business model and plan.
For more information call 604-775-5525 or 1-800-667-2272,
or visit sbbc.co/bplanreview.
FINANCING
How will you finance your business?Banks and
other lenders or investors will often require a written
business plan.
Small Business BC offers a range of services to help you
explore your financing options.
For more information call 604-775-5525 or 1-800-667-2272,
or visit smallbusinessbc.ca.
BUSINESS STRUCTURE
Consider and select the most appropriate business
structure to operate your business: Sole
Proprietorship, Partnership or Corporation*
*Note: See ‘Starting your Corporation’ checklist.
Small Business BC offers registration services including full
guided registration service for sole proprietorship/general
partnership ($139).
For more information call 604-775-5525 or 1-800-667-2272,
or visit sbbc.co/registrationservices.
BUSINESS NAME
Submit your Business Name Request (NR) for
approval.
Small Business BC offers a business name request service
($50).
For more information call 604-775-5525 or 1-800-667-2272,
or visit smallbusinessbc.ca. You can do it yourself at
sbbc.co/namerequest ($31.50).
REGISTER BUSINESS
Register the business with your chosen structure
using your name approval.
Small Business BC offers a sole proprietorship/general
partnership registration services ($99).
For more information call 604-775-5525 or 1-800-667-2272,
or visit smallbusinessbc.ca. You can do it yourself at
sbbc.co/registerbusiness ($40).
BANK ACCOUNT
Open a business bank account.
Visit your local financial institution with a copy of your
Business Registration Certificate.