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Difference between revisions of "Starting a Small Business"
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Starting a Small Business (view source)
Revision as of 19:19, 28 November 2016
, 19:19, 28 November 2016→Other government regulations and requirements may apply
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* '''Zoning and bylaws''': Do you know where you’ll be located? Some types of business can't be operated in certain areas because of zoning by-laws. If you're planning to run your business from home, check the by-laws at your local city hall, and if you live in a condominium, look at the strata corporation by-laws. As for commercial premises, just because someone is willing to sell or rent space to you doesn't mean that the property meets all zoning requirements for the business you have in mind. Check this out yourself at your town or city hall. | * '''Zoning and bylaws''': Do you know where you’ll be located? Some types of business can't be operated in certain areas because of zoning by-laws. If you're planning to run your business from home, check the by-laws at your local city hall, and if you live in a condominium, look at the strata corporation by-laws. As for commercial premises, just because someone is willing to sell or rent space to you doesn't mean that the property meets all zoning requirements for the business you have in mind. Check this out yourself at your town or city hall. | ||
* '''Building permits''': If you're going to renovate the premises, you'll need a building permit. If you're renting commercial space, you'll probably have to pay at least a share of all municipal taxes on the premises, including a business tax, over and above your rent. Get your lawyer to review your lease agreements before signing them. | * '''Building permits''': If you're going to renovate the premises, you'll need a building permit. If you're renting commercial space, you'll probably have to pay at least a share of all municipal taxes on the premises, including a business tax, over and above your rent. Get your lawyer to review your lease agreements before signing them. | ||
* '''Other regulations''': Depending on the business, regulations may apply to your product or service. For example, some products have labeling requirements and door-to-door sales are regulated. | * '''Other regulations''': Depending on the business, regulations may apply to your product or service. For example, some products have labeling requirements and door-to-door sales are regulated. | ||
* '''Consents from third parties''': When buying the assets or shares of a business, the purchase may require third-party consent and approval. For example, if the business operates from leased premises, the landlord will need to agree to the sale and transfer (assignment) of the existing lease to a new lease with the new owner. | * '''Consents from third parties''': When buying the assets or shares of a business, the purchase may require third-party consent and approval. For example, if the business operates from leased premises, the landlord will need to agree to the sale and transfer (assignment) of the existing lease to a new lease with the new owner. | ||
==More information== | ==More information== | ||
